How to stay positive with this stock?, page-12

This is the issue for me!

The NEA story line has been
.. launch in Australia
.. build a profitable business
.. mingrate the business model to the US
.. US is a far bigger market
.. faster ACV growth in the US than Australia

For a long time I bought this US ACV growth story. But not anymore.

Management changed NEA's capture cost amortisation timeframe from 5 years to 2 years (see below) and NEA has not looked like being profitable since.


Costs are too high and I just don't think they sell each picture enough times to be profitable; certainly not now!

I consistantly look for evidence for that to change. If it does then I will be in - again!!