So with those numbers, what then do you make of the:
- accumulation of prior historical company losses
- accumulation of deferred tax assets to be used moving forward
- amortisation due to past acquisitions included in those figures
- increased amortisation last year due to partial accounting for PFS acquisition (again included in those figures)
The numbers you mentioned are accounting numbers. They are less valuable metrics than things like cash flow and npata (to me, and in my opinion).
But, it sounds like you are familiar with balance sheets (as you insinuated before to @pureau). So I'm all ears if you want to explain why those numbers are worth paying attention to?
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