Saber, OK can't argue with that. Amazon appear to have recorded...

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Copperaccount

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19/01/21

14:33

Post #: 50276966
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Originally posted by SaberX: ↑

Hi copper. As i alluded to in my response it is interesting if indeed this has been included in PMOC. DIgital assets still I would arguably say fall under investing activities. Perhaps different classifications, but i would have thought capital outlay for initial digital infrastructure would still be capitalised via investing activities (cashflow) and is still part of the capitalised assets on the balance sheet ((just like how website costs can be capitalised).

Again, we have no clarity on the quarterly so it's all conjecture. At face value the burn is worse, so focusing just on the top line seems incorrect to me as the 'overall' bottom line is worse this quarter. THat all changes if one knows the context of the PMOC and also how much of it is recurring vs once off due to things we aren't aware of.

Need several more quarterlies to tell so it will be a hold for faith or run decision for some holders if you view the increased cash flow burn as negative.

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Saber, OK can't argue with that. Amazon appear to have recorded 'Internal use software' and 'Website development' against investing activities (PPE); but Harris Technology (HT8) recorded -$6.4m against PMOC and nothing at all in investing activities in their latest 4c.

Shall concede that more granularity is required.

DW8 Price at posting: 4.7¢ Sentiment: Buy Disclosure: Held
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