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There was also the point about not having in house writers, either, thus a section of all profits have to go to someone else for licensing which is suspected to be the largest drain of "profits" aside from workforce size. However their sizable income might make up for that enough to be stable...unlike GONZO.
Though from what I've seen, KyoAni is not in competition with Sunrise in terms of what they are animating (in fact KyoAno seem to homage Sunrise materials, especially in Lucky Star. probably because of the direct connections with Bandai). They are more in competition with J.C. Staff, Shaft, DEEN, and the A-1 for the market they seem to be after.
(I also noticed Kaioshin-sama has already been to and left his mark on that article.)
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