RE:Oops i made a mistakeThat is what you are focussing on, out of the Financial info. Revenue is up nicely, 25% for Q4 year over year.
This is a "growth" tech company. Profits come later.
A large chunk of the expenses and hence "loss" is from investment in the lucrative betting app/market.
Since Financials end Aug 31st, not one penny of betting revenue is included in the numbers......
Not sure why you would follow or invest in a company like this if you expected profits in the short term when the Company came out and said we are putting money into the FUTURE lucrative betting space which requires investment.
I think the numbers are excellent.. Focus should be on revenues looking back at Direct Market - without investment in ANY betting ventures, it looks like there would have been a profit, which basically would be a first for this stock.
I wonder if any tidbits are being revealed on conference call right now about how many bets are/were made, etc..... That would be really interesting, and I'm not sure what the legalities are regarding how much info about that can be revealed in a phone/video conference and not be press released....Likely very limited info they can share there if not across all media formats...