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McWilliams' media firm sees rise in profits

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David McWilliams

David McWilliams

David McWilliams

Accumulated profits at the media firm owned by celebrity economist David McWilliams rose by over €20,000 last year.

A chronicler of Ireland's boom and bust, McWilliams is a regular voice on TV and radio shows and new figures for his Iconic Media show that the firm's accumulated profits increased from €609,778 to €629,846 to the end of last March.

The firm's financial assets totalled €1.16m.

The increase in profits last year is more than three times the increase in profits in the prior year when profits climbed by €6,426.

Mr McWilliams generates his income from his writings, including regular columns at two national newspapers, including the Irish Independent, and speaking engagements around the world.

The Dubliner is also busy exploiting the David McWilliams brand and through his website, the Trinity graduate offers an online 16-lecture economics course 'Economy without Boundaries' that costs participants €217.

The author also generates income from providing a daily guide to understanding the global economy, 'the Global Macro 360' and it costs €439 for the service over one year with a one-month subscription at the higher rate of €50.

Iconic Media owed corporation tax of €55,195 at the end of March indicating a strong level of business for the year.

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