Agree with a lot of that (though glad they didn't go another VC because nobody rings my doorbell for those). Agreed totally on the lumping of corporate expenses with no attempt to apportion some out. Legal was a major component but there were other which could have been broken up more. But that is my main complaint, and I usually have more than that from a financial report. At least GSW doesn't have a man with orange streamers running through a pond on every second page like the rest of the tech sector.
Logo I see as a cost saving endeavour rather than a revenue generating one. The processing requirements of AI are huge - Recent interview with the GSW VP AI and Infrastructure for example talks about the requirements of AI - https://www.youtube.com/watch?v=PpsDuFh737M&list=PL05g56Qg9-goNEUmZlGGPHWfVjQRPpwr4&index=20&t=0s - a good interview if you're interested. Data services (secure especially) are not what they are in the States in EMEA, its more a critical dependency for me.
All in my opinion, DYOR
MJ
GSW Price at posting:
47.0¢ Sentiment: Hold Disclosure: Held