Annual accounts

At Indigo Publications, we are proud of our political and financial independence. This allows us to guarantee our readers information which is independent, rigorous and of high standard. In this context, we consider that we have a duty of openness towards our readers. That is why we make a point of publishing on our site the composition of our capital and our annual accounts.

Indigo Publications was one of the founding members of the independent online press organisation, (Spiil), which recommends its members to publish their annual accounts.

Indigo Publications is a press SAS (Société Par Actions Simplifiée) set up in 1981 by journalist Maurice Botbol. From July 1 2016, following a capital increase reserved for its personnel, the company’s €59,990.27 capital is held by Maurice Botbol (53.3%), Quentin Botbol (43.5%) and Indigo Publications employees (3.2%). As part of a transmission process destined to assure the company’s future independence, Maurice Botbol donated 45% of his shares to his son, Quentin, on December 30 2015. Both signed a pact committing themselves to jointly retain their shares for at least six years (pacte Dutreil).

2017 accounts

In 2017, Indigo Publications recorded its 15th consecutive year of growth and positive results.

Revenue growth stood at 3.3%, an increase on 2016 but considerably lower than previous years.

At the same time, operating costs grew marginally, by 1.9%, after a sharp increase the previous year due to substantial investments.

Consequently, the operating result grew considerably, by 17.4%, to reach €479,000 compared to €332,000 in 2016.

Thanks to strong financial results and the absence of non-recurring costs, the net result grew by 30% in 2017 to €382,000, compared to €294,000 the previous year.

As of December 31, 2017, Indigo Publication’s permanent payroll totalled 41, with 26 editorial staff and 15 in support functions (sales, marketing, IT, management).

The first quarter of 2018 recorded a very good growth dynamic, much higher than in 2017.

Revenues and net income 2001-2017 (in thousands of euros)
Revenues and net income 2001-2017 (in thousands of euros)
Résumé of the 2016 profit and loss account
Résumé of the 2016 profit and loss account