RE:Question about the loss3 items. Amortization which is not real. Second goodwill impairment on Intercasino (weakest platform that is just getting to break even now) and third contingent liability.
The contingent is an earn out and went up due to great performance and FX as its to be paid in pounds. Kind of a good news bad news item. Mostly good though. This many relates to Gamesy assets acquired. I believe it's now at its max at 9 times EBITDA. 9 times seems pretty low price when it grew its earnings 20% last year.
Most importantly the contingent can be paid out after debt is repaid. So plenty of liquity.