> For the complete documentation index, see [llms.txt](https://docs.dappradardao.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.dappradardao.com/dappradar-dao-report-2024/financial-reporting-overview/profit-and-loss-statement.md).

# Profit & Loss Statement

The table below presents the DAO’s income statement for 2024, using accrual-based accounting principles to provide a comprehensive financial snapshot.

<figure><img src="/files/vHwPjL30kKsHlld69D7W" alt=""><figcaption></figcaption></figure>

* Net Profit: $515K, reflecting a strong operational performance.
* Total Revenue: $928K, primarily driven by:
  * RON validator fees & staking rewards
  * Affiliate marketing
  * Micropayments
* Operational Costs: $132K, with the majority allocated to:
  * Contractor and contributor fees
* Other Costs include:
  * License & platform fees under the transfer pricing agreement with DappRadar UAB
  * Interest accrued since 2021 on the UAB loan
  * Foreign exchange (FX) adjustments

The positive financial trajectory reflects the DAO’s strategic efforts in revenue generation, liquidity management, and financial transparency. As validator operations scale and new monetization models mature, the DAO is positioned for continued financial growth in 2025.

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