AB1 abarta resources limited

the general summary i can interpret is25m revenue but because...

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    the general summary i can interpret is

    25m revenue but because more around 7 is deferred revenue came in at close to 18 one of the few companies that has larger receipts than revenue but means it will get reflected probably this year

    big writedowns being conservative on investments, large legal fees and one off related transaction stuff but cash spend remains the same as the last 4c so no surprises there so the big loss has little correlation to actual cash loss which was -5m over 25m with close to 9m cash in bank and another 2m coming and 1.6m in digital assets and sitting on 45.9m in assets overall employee related cost essentially doubled but to be expected i guess

    still studying it but company is growing and if it grows it would bring that loss down i figure with sufficient capital for the year




 
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