SWF selfwealth limited
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Undervalue?, page-40

  1. countercon
    416 Posts.
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    23/04/21
    15:17
    Post #: 52683755
    They do not capitalize expense on software development.

    That is not novel. That is a more conservative accounting approach.

    Companies who capitalize everything are just inflating assets and profit, which is not prudent, to say the least.
    SWF Price at posting: 54.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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