Hi all,
I try to consolidate Isentia P&L statements from 2016 to 2018 to compare their revenue and expenses in order for me to see where Isentia is heading.
By the way, I am not an accountant by trade so please point out any errors or things that I have missed.
Below is the breakdown of costs by half yearly. As you are aware the loss generated from H2 2017 and H1 2018 due to the content business. They are generating positive NPAT from H2 2018 onward so my assumption is that they will be generating similar revenue moving forward.
The operating expenses will be reduced due to staff reductions and other expenses so their profit will likely to go up.
Please see the table below:
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