Recently, the subject of "profitability" came up over a chat between mithmith and me. mithmith thought that Rankk was profitable to the tune of USD 100 Adsense revenue per month and therefore quite "rewarding".
Wow, if only that were true!
First, let me stress that the idea of "making money" wasn't our motivation for Rankk right from the start. We were looking for a bit of fun, excitement and learning. So far, those elements are there and therefore we're quite happy and motivated to keep it going.
Having said that, we would of course be happier and more excited if Rankk were able to generate some form of revenue.
To date, we have spent a total of S$520 for Rankk's hosting and domain name. The current hosting plan and domain name will run till 16 April 2010, which means from now till then, we don't expect to be spending any more money on the site.
And as far as "revenues" go, we've collected a total of S$194 from the donations and Google ads:
Donations: USD 97.09 (S$132.311)
Google ads: approx S$62
So Rankk isn't profitable, in case you're curious :P In fact, we're incurring a deficit of S$328.