TRANSPARENCY REPORTS

Independent publishing depends on trust. Authors trust us with their manuscripts. Readers trust us with their support. Booksellers and librarians trust us to produce work that endures.

Trust is strengthened by clarity.

Each year, we will publish a summary of our financial performance to provide a transparent view of how revenue is generated, how it is reinvested, and what sustainability looks like for a small literary press.

The following report reflects our 2025 fiscal year.

Revenue

Gross Revenue (2025): $116,411

In 2024, gross revenue was $59,649. 2025 represents nearly 95 percent growth year over year.

This growth reflects increased direct website sales, stronger backlist performance, in-person event sales, and expanded operational systems.

Revenue growth alone does not indicate sustainability. Cost structure matters.

Total Production and Operating Costs

Total Production and Operating Costs (2025): $79,609

This figure combines:

• Printing and inventory

• Contractor payments and collaborators

• Software and digital infrastructure

• Professional services

• Business rent and utilities

• Shipping and operational overhead

• Conference and event participation

More than two thirds of total revenue was reinvested directly into producing books and maintaining the infrastructure required to support authors.

Publishing is capital-intensive. Books must be printed before they are sold. Systems must be built before growth can occur.

Industry Presence and Event Investment

Conference and Event Travel: $5,743
Meals Associated with Event Participation: $981

For context:

• AWP attendance: $675

• PDX Book Festival attendance: $675

Registration fees alone totaled $1,350 before accounting for flights, lodging, booth costs, and inventory transport.

Events function primarily as visibility investment, not profit centers. They support long-term relationships with librarians, booksellers, distributors, authors, and readers. Industry presence strengthens backlist longevity and press credibility.

Distribution and Direct Sales

When books sell through distribution channels, revenue is divided across retailer, distributor, and production costs before the press retains its share.

Direct website sales retain a significantly larger margin. That margin stabilizes cash flow, supports future print runs, and strengthens long-term sustainability.

Direct sales are structural, not symbolic.

Net Income

Net Profit (2025): $13,791

This represents an 11.8 percent margin.

The press operated profitably in 2025 while reinvesting heavily in production, infrastructure, and growth.

Independent publishing operates on disciplined margins. Sustainability is achieved through careful reinvestment and long-term planning.

2026 Structural Goal

Our goal for 2026 is to reach $300 per day in direct website sales.

This level of predictable revenue supports:

• Stable print runs

• Expanded marketing capacity

• Stronger royalty consistency

• Reduced reliance on thin distribution margins

• Long-term durability

Sustainability is built intentionally.

Independent presses do not operate with corporate reserves or venture capital backing. We operate through disciplined management, reinvestment, and community support.

The purpose of this report is not to dramatize difficulty or inflate success. It is to provide a clear view of the economics behind the books we publish.

We believe transparency strengthens the ecosystem. It allows authors, readers, and partners to understand what sustainability requires and how growth is built.

We are committed to publishing work that lasts, and to building a press that does the same.