Ann: Appendix 4C - 131% growth in ARR and record cash receipts, page-47

Why leave it out? BECAUSE THEY DID. Lol.

They were more than happy to whack a non-recurring $3.8 mill government gift as "operating" revenue but they certainly weren't about to treat the $2.7 Mill the same way (and at LVT capital raising costs could be argued to be recurring given they occur annually at a minimum).
So who is it that is really being SLOPPY or MISLEADING? Livetiles is. And so are you.

@jace.h is 100% correct. I could've also taken into account other "non-recurring" expenses (I will wear the slightly sloppy tag here...but in my defence I live in Prague so the post was somewhere around 2-3am and have a 4 week old baby so 4 hours sleep is a unicorn right now) and exluded all non-recurring items to get a $7.9mill "pure" operating loss to compare to last quarter...$2-3 mill more than the headline and exactly as per my initial post. Certainly $7.9 mIll loss is the operational number I would compare to previous quarters to get apples and apples and a true picture to assess performance. And it is a very unattractive number IMO.

Now go on @WoosterBrewster. Give me your analysis of how I am wrong? Wait for someone else to then cheer them maybe? Or post something about pizza instead perhaps.