this was looking nice, until i saw they included the R & D grant funding to the other company they have a stake in, which makes things a little confusing.
Did they actually recieve funds? if so, how much exactly?
If not, then how much of their consolidated revenue is from the other company, that they have blended into the mix?
And what are the key indicators for turning the gaming side of the business to break-even ebitda?
Or are they capitalising on their marketing expenses, claiming it is building their brand up?
Those servers would be costing a bit to run as well. Are they capitalising their racks, which includes power consumption?
With such small numbers of customers actually paying for gaming services, its hard to see, is why i question this report.
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this was looking nice, until i saw they included the R & D grant...
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