An amazing statistic from a Washington Post profile of Jeff Roe, founder of the GOP consulting firm Axion Strategies: “Axiom now captures at least 63% of every dollar spent by its campaigns, versus less than 10% as just general consultant.”
“In the 2022 cycle, Roe told investors his firm, which also has corporate clients, had taken in $196 million in net revenue, while earning more than $22 million as profit after depreciation and taxes. By 2024, he said those numbers would climb to $250 million and about $36 million in profit.”
“The scale of that revenue — which both allies and detractors consider staggering within the Washington consulting class — underscores the extent to which Roe has rapidly become a major player in the Republican political consulting world, guiding the campaigns of thousands of candidates in recent years, raking in hundreds of millions of dollars and building a lengthy list of clients.”
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