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How your profit is worked out

giggd works everything out from your point of view: what you take home and what you spent.

Figure How it’s worked out
Expected profit Your fee + additional income − your expenses
Actual profit What you received − your expenses

Example: $500 fee, $60 fuel = $440 expected profit.

For band gigs, expenses are either personal (yours alone) or shared (split between the band).

For each shared expense:

  • your share = the expense ÷ the number of people
  • if you paid more than your share, the difference is owed back to you
  • if you paid less than your share, the difference comes off the gig total before the split

Band total $1,000, split between 4. Expenses:

  • Fuel $100, shared. You paid all $100.
  • Accommodation $200, shared. The band paid it from the fee, so you paid $0.
  • Your own dinner $20, personal.
Payment card row Amount Why
Main band payment (4 people) $1,000.00
Your share of total pay $250.00 $1,000 ÷ 4
Your share of shared costs (off the total) −$50.00 Your quarter of the $200 accommodation
Reimbursement owed back to you +$75.00 You paid $100 fuel; your share was $25
Your expected take $275.00 What should land in your hand
Expected profit (after your costs) $155.00 $275 − the $120 you paid out (fuel $100 + dinner $20)

The Expenses card totals show Total recorded $320.00, You’ve paid out of pocket $120.00, Your share coming off the gig total $50.00 and Owed back to you $75.00.

If you’re then paid $260, giggd shows Actual profit $140.00 and You were paid $15.00 less than agreed.

Figure Meaning
Received Total actually received.
Profit Actual profit on paid gigs, after expenses.
avg per gig Average expected take.
margin Average profit as a share of what you received.
on stage Profit per hour on stage, from Set length.

Select View insights for plain-English takeaways, such as how much of every $100 is yours after expenses, and your biggest cost.