How we spend your money
You are not just a Voys customer, you are also a contributor, because we don’t just use your €’s to deliver our services and cover our operational costs. We also invest heavily in open product development, we have our self-imposed 1% connectivity tax and we contribute to other projects we feel we need to support.
That’s why we like to be open about how we spend the money you pay us every month.
Among many other things, we (and you) support:
- Initiatives and lawsuits to protect our privacy and net neutrality
- Educational projects that support equal opportunity or learning to code
- Projects that support entrepreneurship
This is how we spend your € 10,-
Cost of sales
Purchasing costs from operators or network suppliers
€ 1,42
Salaries and more
Wage costs and taxes, but also things like finding, hiring, and training colleagues
€ 5,00
Depreciation
The decrease in value of our assets
€ 0,32
Housing costs
Rent of our offices
€ 0,34
Marketing and selling expenses
Marketing, communication, sponsorship, and other selling expenses
€ 0,83
Office costs
The cost of the desks, paper clips, our own telephone costs, laptops, home workstations, (cloud) tools, and all other items needed to do our work
€ 0,62
Transportation
Cars, maintenance, fuel, mileage allowance, depreciation and public transport
€ 0,10
Other
Other costs for running the daily operation such as accountants, bank fees, insurance costs and consultants
€ 0,15
Force for good
Personnel costs 48percent.org, donations, gifts and grants
€ 0,17
That leaves € 1,05
The profit (before tax)
The € 1,05 that remains is our profit, before interest and taxes. With this, we finance our international expansion. This amount is increasingly used to start beautiful projects or support initiatives that make free communication possible.