Domain Name Wire - Domain Industry's News Source: "ICANN releases audited financial statements for FY11.
Today ICANN posted its audited financial statements (pdf) for Financial Year 2011 (which ended in June). Here are some highlights:
Total assets grew to $100 million from $83 million the year prior. When accounting for liabilities ICANN has $80 million in “unrestricted net assets”.
ICANN has $29 million in cash.
It also had close to $52 million in investments (equities and fixed income) as of the end of June, but you can bet that’s taken a hit since then. It had a $6 million gain for the year.
Revenue increased from $66 million to $69 million."
'via Blog this'