Laboratoria's Impact Report Laboratoria_2018ImpactReport | Page 24

Financials In 2018, we reached the goal of $1 million dollars in earned revenue, and managed to self-sustain over one third of the organization’s total expenses. The other two thirds were covered through fundraising, thanks to our donors and partners. We are very proud of this achievement. The US$1.1M earned revenue was obtained through the four different revenue streams. US$ 1.1M Earned revenue US$ 4.2M Total revenue As for expenses, 60% of the US$3.1M were spent in admissions, bootcamp, job placement & alumnae community - with the bootcamp representing the main cost. 5% was spent in corporate training teachers, content creation and materials; another 5% in the in-house tech tools that help us offer a tailored experience for students and companies and at last, 30% were for managerial expenses. 36% Self-sustainability 15% 10.4% 29.1% Company fees Selection & Marketing Management 35% Corporate Training 5.6% 20% Sence* Tech US$ 1.1M 5.0% Earned revenue Corporate Training 30% Student’s payback 5.7% Alumnae US$ 3.1M 35.1% Bootcamp Expenses 9.2% Job Placement *Funds from a public-private tax exemption training model in Chile 24|Laboratoria Impact Report Laboratoria Impact Report|25