Financial results of Bulgarian Military.com for FY2020

Dear reader,

2020 is over. This year was a year in which BulgarianMilitary.com accepted the challenge of preserving itself as an important source of information on the military industry, military-political relations and conflicts.

We continue to be transparent regarding the sources with which we work and draw information, and the financing of BulgarianMilitary.com.

At the beginning of March this year, we submitted our Annual Tax Return to the National Revenue Agency of the Republic of Bulgaria. We reported our balance to the National Statistical Institute. We confirmed to Google our tax status in the Republic of Bulgaria.

In this link (PDF), they will read our financial result for the fiscal year 2020 as follows:

  • Revenue from Google;
  • Revenues from direct advertising and paid publications;
  • Revenues from sponsors, subscribers, and donors;
  • Costs and what they are for.

You can find all the legal information about BulgarianMilitary.com on the website of Publico.