Gorst dishes on US Open, lopsided prize funds, long race with Filler
- By VVP
- Main Forum
- 68 Replies
It would be a good if someone can ask Karim about his revenue stream on a Podcast. Someone did ask him about the number of employees and he was willing to answer, but he might be more reluctant on revenues - doesn't hurt to ask though.You make a good point. I do think $6 million sounds light. Very light, in fact. So I dug a little further.
I imagine Predator makes most of its money from cues, though it is of course branching out. Let's say it only got revenue from cues. Predator would have to sell 6,000 cues worldwide, at a cost of $1,000 each, to get to $6 million in revenue.
I've got to figure Predator sells at least 25,000 cues a year in the US alone. Maybe 50,000 or more worldwide. That would put revenue at $50 million a year before the sale of accessories.
Throw in cases, chalk, clothes etc. Maybe that's another $15 million to $25 million.
Looked at it this way. perhaps $60 million to $75 million a year is a conservative estimate. I'd guess $100 million in annual revenue would be toward the higher end.
Karim said that he would like to see prize money in the PBS increase to about $8 million in couple years so you can rest assured that the Predator company is doing well since it is a major sponsor of the PBS.