Teddy Swims is getting brutally honest about his finances.

The “Lose Control” singer shared insight into how much money he’s earned from his concerts since embarking on his music career, revealing that his success didn’t come overnight.

“I’m doing well,” he said during an interview with Australian radio show Triple M’s Rush Hour aired Oct. 12. “I will say it like this: last year was the first time that we broke the even margin on touring, so I actually made money for the first time last year.”

But while Teddy (born Jaten Collin Dimsdale ) proudly declared he was finally “in the black,” he emphasized that earning a profit off his performances didn’t happen overnight.

“It took five years of touring for us to really start seeing anything,” he continued. “A lot of people think you’r

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