SWP swoop holdings limited

Ann: Swoop FY21 Results, page-5

  1. 27,465 Posts.
    lightbulb Created with Sketch. 1366
    they have bought companies and then added the revenue and subscriber no.s from those companies.

    Thats why they say Pro Forma. Tricky accounting. They are purchasing growth to report , fattening up for an exit very soon.

    As a % of MC, revenue is tiny and profitability is not there at all.

    loss $15 million

    MC $240 million dollars lol
 
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