AB1 abarta resources limited
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i dont believe you count other companies revenue as your own.An...

  1. contraindicator
    6,157 Posts.
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    24/07/21
    16:44
    Post #: 54744840
    i dont believe you count other companies revenue as your own.
    An investment in Axis would be on the balance sheet as an asset. So if we own 10% of axis and we paid $5 mill for it and now the value of Axis is $500 million then our 10% is $50 million. Its their revenues that created that valuation but Animoca never receive the revenues so its not included in their revenue.
    AB1 Price at posting: 18.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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