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Jedward’s company profits plummet

Jedward’s entertainment company has made a significant loss over the last two years.

Planet Jedward was set up by the Dublin twins in May 2010 – a year after they were on the X Factor.

The firm made a loss of €104,447 in 2015 and a loss of €130,182 in 2014.

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Planet Bust: Jedward’s firm has made a massive loss in the last two years | VIPIRELAND.COM

This is a combined loss of  €234,000 over the last two years, according to the Irish Mirror.

This is a huge difference from their 2012 profits of €578,654 – meaning Planet Jedward’s profits have dropped by €618,687.

The accounts show that John and Edward took no pay from the firm last year but shared €66,482 in pay in 2014 and €100,331 in 2013.

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