Ethiopian News, Current Affairs and Opinion Forum
Dama
Member+
Posts: 6416
Joined: 22 Jun 2024, 21:05

OMN is in debt

Post by Dama » 25 Dec 2024, 18:25

Yeae: 2023
Revenue
$206,840
Expenses
$406,145
Net Income
-$199,305

https://projects.propublica.org/nonprof ... /465137810

DefendTheTruth
Senior Member
Posts: 12901
Joined: 08 Mar 2014, 16:32

Re: OMN is in debt

Post by DefendTheTruth » 26 Dec 2024, 02:20

Still it is a fresh memory how this media agitated the general public for a total insurrection on the day and in the immediate aftermath of the late Hachalu Hundessa's death, I think it was in the year 2020 (?). In 2019 the revenue of this media was nearly a million dollar, today it is in the negative, hopefully they got their price for their crime on the innocent people's lives.

Can you also share the balance sheets of the rest of so called media organizations, including mereja?

They call themselves non-profitable while in reality Jawar Mohammed, the owner of the media, is one of the top richest person in Ethiopia. What are Americans waiting for before investigating the sources of his money and how managed to get rich while running a non-profitable?

Dama
Member+
Posts: 6416
Joined: 22 Jun 2024, 21:05

Re: OMN is in debt

Post by Dama » 26 Dec 2024, 02:30

Website https://mereja.com
Revenue $600000
Founded 2014
Address Pennsylvania Ave NW, Washington, District of Columbia 20005, US

Technologies
JavaScript , HTML , PHP +29 more (view full list)
Industry Entertainment Providers, Broadcasting, Media & Internet
Competitors Addis Ababa University, Ethiopian Review, Dire Tube, Addis Standard, Satenaw, Horn Affairs, New Business Ethiopia, The Reporter Ethiopia, Borkena (view competitors)
SIC SIC Code 483 Companies, SIC Code 48 Companies
NAICS NAICS Code 5151 Companies, NAICS Code 51 Companies, NAICS Code 516 Companies, NAICS Code 515 Companies
Last edited by Dama on 26 Dec 2024, 03:03, edited 1 time in total.

Dama
Member+
Posts: 6416
Joined: 22 Jun 2024, 21:05

Re: OMN is in debt

Post by Dama » 26 Dec 2024, 02:39

DefendTheTruth wrote:
26 Dec 2024, 02:20
Still it is a fresh memory how this media agitated the general public for a total insurrection on the day and in the immediate aftermath of the late Hachalu Hundessa's death, I think it was in the year 2020 (?). In 2019 the revenue of this media was nearly a million dollar, today it is in the negative, hopefully they got their price for their crime on the innocent people's lives.

Can you also share the balance sheets of the rest of so called media organizations, including mereja?

They call themselves non-profitable while in reality Jawar Mohammed, the owner of the media, is one of the top richest person in Ethiopia. What are Americans waiting for before investigating the sources of his money and how managed to get rich while running a non-profitable?
At least 239 people were killed.
Full report:
https://en.m.wikipedia.org/w/index.php? ... prov=rarw1

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