forcars, the most read internet forum in Spanish in the world, with almost 860,000 registered users today, survives the new entertainment and interaction platforms that flood the internet. Neither social networks, nor Netflix, HBO or Twitch make it lose validity or influence on the network, nor do they undermine its business financially, despite maintaining its format and aesthetics almost identical since its birth.
Link World Network, the company that hides behind the forum that, despite its name, has cars as a secondary object of discussion, reached a record profit in 2021 since it was founded in 2002.
For the first time, and almost coinciding with its 20th anniversary, Forocoches generated more than one million euros in profit. Specifically, 1.02 million, 30% more than in the previous year.
A benefit that falls to its founder, sole administrator and owner, Alejandro Marín Nicolás, better known as Electrik in the forum, and who today accumulates a net worth of 6.2 million, according to the accounts deposited in the Mercantile Registry. As usual, Marín did not approve any dividend distribution charged to the already millionaire profit.
A record that was reached in a year in which its income rose again for the second consecutive year. Not even the pandemic was a brake for Forocoches, which improved its turnover in 2020 after the fall suffered in 2019.
In 2021, the turnover improved by 7.2%, to just over 1.3 million, approaching the record of 2018, in which sales were close to 1.5 million. In the last five exercises, forcars has stabilized above one million turnover. The current income of the forum is more than double what it generated in 2014. The Link World Network accounts are made in an abbreviated format, so they do not give greater detail of the company’s activity.
The improvement in profit is explained, in addition to the higher turnover, by a growth in financial income, which doubled to 124,800 euros, and by the almost 300,000 euros classified in the income statement for the sale of financial instruments, a 57% more than in 2020.
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