you think these figures are significant in judging a company like GCN. A young company that is becoming ? That has just launched it's subscription service. I fine the figures on the whole irrelevant .
Revenue is yet to build, and cost are low
I again refer you to my post regarding
Cosmos " Compare GCN to Cosmos which had a very interesting coverage in the Pirpont column in the AFR. Here is a company with Revenue of 14.7 mil but made a loss of 17.6 mil . revenue has to be built with an eye to costs and must be done with a view to building profits. Revenue is not an end, but a means else you end up like the Japanese economy. "
Why judge a young company like it was a tired old one ? I think you use a very inappropriate measure.
Important, but not absolute.
GCN Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held