Jedward in turmoil as their company loses more than £200,000 in just two years
Newly-released figures show the twins' Planet Jedward brand has been leaking money
POP twins Jedward appear to have come crashing back down to Earth following their stellar rise after The X Factor as their company has made a loss of more than £200,000.
The brothers' Planet Jedward brand has been leaking cash and newly-released figures show they have suffered cash flow problems since 2014.
The John and Edward Grimes, 24, rose to fame on the TV talent show in 2009, and went on to make a fortune despite failing to win.
However, their promising careers appear to have stalled in recent years as their company's profits plummeted.
, Planet Jedward lost around £113,382 in 2014 and a further £90,968 in 2015.
The total losses equal more than £200,000, and shows the stars have suffered a major downturn in fortunes.
Related Stories
The company had brought in around £514,749 by the end of 2012, and allowed the singers to split a pay cheque of around £87,383 the following year.
However, records show the twins did not take a salary from the company at all last year because of the financial turmoil.
Jedward lived out their showbusiness dreams following their X Factor run in 2009.
They went on to release three albums, and star in a number of TV shows including, Jedward's Weird Wild World, Jedward: Let Loose and Jedward's Big Adventure.
They competed in the Eurovision Song Contest for their native Ireland in 2011, and enjoyed a run in Celebrity Big Brother the same year.
They even landed a camero in disaster movie Sharknado 3: Oh Hell No!