Do app ads work?

I’m going to leave this here…

This is a click through report for an ad I bought from buy sell ads that appeared on toucharcade.com  The ad was on their home page in a side banner area and would show up for me about every 10 -15 page reloads.  I paid $275 for 100,000 impressions and right now the ad is still running with about 15k to go.  My game is 1.99 (1.40 revenue).  IF each click resulted in a buy (which is probably did not) did the ad work for me?  67 x 1.40 = $93

UPDATE inside…

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Posted in iOS