DGM had turnover of £6.6m in the first six months of 2004, and this has continued at over £1m per month. DGM is presently valued at over £50m. If, and it is a huge if, AF overtakes DGM by the end of 2005, the implications are obvious. I'm clearly sceptical because IBG's revenues in the last published results were running at about £3m per year with the online stores probably still dominating. Perhaps DGM is lot more than just affiliate marketing and I am not comparing like with like. Comments from others with more direct experience of the sector would be welcome.
By the way, DGM reports intangible fixed assets of £7.5m. SteMiS may wish to comment on that.
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