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).
In 2015, Indigo recorded its 13th consecutive year of growth and profit.
Its turnover increased 3.8% to more than €3.7 million.
The current result before tax increased 13.7% to €681,032.
An exceptional provision against risk of €282,633 reduced net income, however, which fell 47% to €234,377. This provision corresponds to an increase in the press VAT rate which was notified to the company by the fiscal administration at the end of 2015. Indigo Publications has set aside the required guarantees at the public treasury but is contesting the increase before the court of administration with other publishing companies and with the backing of its professional representative body (see here).
Revenues and net income 2001-2015 (in thousands of euros)
Résumé of the 2015 profit and loss account