What do you think are the reasons why many projects do not say how much they raised at the ICO stage?
Teams come up with some wordy and incomprehensible explanations. But the answer is obvious: the results are insignificant; if they show it to everyone, then investors can refuse to buy; if investors do not know the real situation, they can buy tokens.
Why do you think that the fees are insignificant? Perhaps the team has other reasons for not disclosing this information.