Like I said, I am not an expert by any means. I'm happy to be educated though and learn more. I also know nothing about their business or pearl farming.
Revenue from sales increased by 1.2mil but COGS increased by 2.1mil, almost doubling, which raises alarm bells for me.
The main profit increase is from the Change in Fair Value of Oysters, which sounds like an accounting decision.
Thoughts?
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