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Ann: Statutory Accounts for the Half Year Ended 31 December 2023, page-12

  1. 16,915 Posts.
    lightbulb Created with Sketch. 8380
    Lol.

    There is an inordinately more to a company's underlying financial performance than just one Revenue item; there are all the other revenue items (and, importantly, how that revenue is recognised).

    And then there are all the expense items.

    And then there are the non-operating items such as accounting for D&A. movements in provisioning, and taxation.

    And that's all just the P&L.

    Then there is how the P&L, balance sheet and the cash flow statements reconcile with one another.

    In your inane cheerleading of the stock, you've basically taken a single piece of a jigsaw puzzle and concluded what the entire picture is. Concluded wrongly, as it turns out.

    .
 
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