Tommy Cash's (Tomas Tammemets) company Money Tree earned 346,979 euros in 2024. This is 31% more than in 2023, when the turnover was 263,981 euros.
Although the turnover increased, the company made a loss. The loss in 2024 was 63,202 euros. In 2023, the company still made a profit of 16,736 euros. Thus, the company's profit turned into a significant loss.
The company's costs increased. In 2024, 352,696 euros were spent on goods and services. This is 28,000 euros more than in 2023. Some costs decreased, but new costs of over 15,000 euros arose.
Money Tree organized concerts, produced videos, and released new songs in 2024. For example, the songs "Espresso Macchiato", "UNTZ UNTZ", and "Tango". The company also participated in preparations for Eurovision.
At the end of 2024, the company's assets were 345,441 euros. The profit from previous years was 385,395 euros. This covered the 2024 loss. The remaining profit was 322,193 euros.
Tommy Cash has another company - Tammemets OÜ. This company sells music equipment in an online store. This company earned a profit of 2,152 euros in 2024.