RE:RE:RE:I found this about the Warrentshey there Delta Dud (the self proclaimed Alpha for those that don't understand his true status)...was just reviewing the financials....interesting yet somewhat concerning I would think...here is a little sample... i took the same quarter last year info found on Stockhouse and filled in some of the data from this quarters financials....(I didn't do the entire list, just the most important ones in my opinion)
let's hear your take on this...
Fiscal Year ends in DecUSD in Thousands except per share data | Mar-21 | Mar 20 |
total revenue | 28432 | 9212 |
Cost of Revenue | 9120 | 7917 |
gross profit | 19312 | 1295 |
operating expense | 2819 | 2805 |
Operating Income | 16471 | -1510 |
net non operating interest income expense | 23425 | -1022 |
Net Income | -7605 | -2424 |
basic eps | -0.06 | -0.03 |
basic average shares | 123877 | 84048 |
Total revenue did go up by approx. 209%....impressive....but then again BTC avg value went up by 442%...
Share count went up by over 39M shares...a 47% increase in share count...
Net income decreased by over $5M...increased loss by 213%....
Negative EPS got worse to -0.06....thank goodness for share count increase or it would have been more like -0.09.....
Another interesting bit of info is what they are listing as Digital Assets
Three months ended March 31,
2021 2020
Quantity Value Quantity Value Balance as of January 1, - $ - - $ - Bitcoin mined* 598 27,190 1,087 8,980 Bitcoin exchanged for cash and services (3) (171) (913) (7,441)
Bitcoin exchanged for long-term debt repayment (47) (1,546) (159) (1,283)
Loss on disposition of Bitcoin - (22) - -
Prior period accounting policy change - - - (160)
Revaluation of digital assets** - 6,977 - -
Balance as of March 31, 548 $32,428 15 $96
Does this HODL info concern you at all....interesting info as you have been spouting non effen stop on the HIVE board that they sell their HODL to show a profit....but the facts show that last year BITF was obviously selling their HODL just to keep the doors open....big difference being that HIVE has a positive EPS.....BITF ah no....definitely still a negative EPS....
anyways....would be interesting to hear your exceptionally intelligent opinion on this info...just saying...
45