Boldwood Books reports £1.6m revenues in first full year

Boldwood Books reports £1.6m revenues in first full year

Boldwood Books has reported revenues of £1.6m in 2020, its first full financial year, and added five new authors to its now 50-strong list.

The company was set up by Amanda Ridout in 2019 and, for the year ending 31st December 2020, reported a net profit of more than 20%.

Ridout told The Bookseller she had originally forecast “considerably lower” revenue and to only break even in year one.

She said: “Some of the particularly pleasing aspects of the results were that the revenue was genuinely global — by the end of December over 40% was coming from outside the UK — and it was genuinely&nb...

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