financials

Nikon Z9 and lens

Nikon’s Profits Are Up, But its Market Share is Still Worryingly Low

Nikon recently released its annual results which are a key metric in determining how well the manufacturer is doing both in terms of short-term finances as well as implementing its medium-term strategy. The quick takeaway is that it's making more money, but that camera market share is worryingly low. What does this mean for it going forward?

Canon Begins Transition to Mirrorless Market Dominance

With 2021 well and truly over, those manufacturers that align their finances to the calendar year are now producing their financial reports. Canon's latest figures reveal strong and sustained performance, even during the pandemic, which is a result of its shift to mirrorless camera manufacture and facilitating the beginning of a new market dominance.

Profoto Goes Public, Reveals Financials for First Time

After over half a century as a privately-held business, the Swedish lighting company Profoto went public today, listing its shares on the Nasdaq Stockholm stock exchange. As a public company, Profoto is now required to publicly disclose its financial performance for the first time.

Very Nice… How Much?! On Day Rates in Commercial Photography

It’s standard practice for commercial photography clients to ask photographers for their ‘day rate’. Most estimates that photographers provide start with a day rate before going on to production costs and expenses.

Nikon’s Year: Digging Into the Latest Financial Results in 2017

Here's the crazy corner Nikon is in: they can claim a modest 7% increase in operating income for the fiscal year that they just finished, but had far lower net sales and, with restructuring costs, had a significant loss. Nikon predicts that they'll recover to profitability next fiscal year, but with lower sales.

Getty Images is Burning Through Cash as Its Earnings Shrink

Photographers often grumble about Getty Images taking too big a slice from each stock photo sale, but it turns out the company hasn't been lining its pockets with mountains of cash generated by its contributors -- in fact, it hasn't been doing so hot financially as of late.

Shutterstock Files for IPO, Reveals Its Internal Facts and Figures

This past Monday, stock photography behemoth Shutterstock filed documents with the SEC to have an IPO and list its shares on the New York Stock Exchange. The process requires Shutterstock to reveal its financial details, so the document provides an interesting look at how the company ticks and the state of the stock photography industry.

Kodak Reports 27% Drop in Revenue in First Quarter, $366 Million Net Loss

They say that when it rains it pours, and nowhere is that more evident than with the troubled, once-great photography company Kodak. After filing for bankruptcy, narrowing its focus to printers, and selling the Kodak Gallery for pennys on the dollar, we sort of hoped the company would start to see some rays of sunshine break through their perpetual cloud cover. Unfortunately, their quarter's earnings report is anything but sunny.