RE:RE:A Significant Loss Will be Recorded for Q2gudisgood wrote:
Also:
"Yes. So, first of all on the first question on Atea, this was an investment made by one of our fund. It was not a direct investment made by Knight and even though we are saying like there will be a reversal of gains, we’ve just decline that as you mentioned. We were still sitting on overall profit based on the cost base of where the financial into that company. So that fund really invested in the company pre-IPO."
Exactly - so shareholders really need to know what they are seeing in the numbers.
Same goes for the effects of amortization and depreciation on the bottom line.
Not as simple as just profit/loss ... but ... it's in the details.
Operations (specifically) is where we're looking for growth and efficiency (IMO).