ROFLMAO....(cont'd)where do these peeps get their accounting...

ROFLMAO....(cont'd)

where do these peeps get their accounting crew from? are they even qualified???


first - they dont even know how to classify flows - they keep mixing it between b) product costs vs f) admin costs they stUffed it in Sep QTR, now again in the Jun QTR!!!

pay peanuts....get monkeys!

I love the statement they continually brandish - Dec + Jun are the positive cash inflow months....LOOK AT SALES....WORSE THAN SEP22 QTR AND SLIGHTLY BETTER THAN MAR23.....OUCH. THEY DID SOME CREATIVE ACCT TO MAKE IT POSITIVE DIDNT THEY...

LETS DELVE IN...
-($54m) in FINANCING COSTS DWARFS THE $32.9M IN SO CALLED OPERATING COSTS!!
c) Advertising costs have been shredded! almost (-$10m) at one point, now barely (-$3m)! -70% reduction....no wonder sales are floundering!
d) Leased assets (that the ALSO hide in financing costs!!) has dropped to (-$24m), about -$3m down....hmmmm...arent you meant to be expanding? Wasnt 150 extra stores part of the "new" strategy??
e) STAFF COSTS...SOME PEEPS GOT SACKED....$6M GONE IN 1 QUARTER...NOW THATS AN ENTITY IN GROWTH MODE...! NOT!!!!
F) ADMIN (where the $2 accountants cant add)....DOWN $12M SINCE SEP22!!! OUCH. HUGE REDUCTION....

THEY LOST (-$31M) IN CASH OUTFLOWS THIS YEAR!!! OUCH....