RE:RE:RE:RE:TD
Captain71 wrote: What's not to like? No earnings.
Getting a little pop today on good revenue and Ebita, but think of how much better the SP performance would be if they cleaned up the bottom line.
Hopefully soon.
GLTA
The net loss comes mostly from non cash expenses from intangibles. When you acquire a business, there is goodwill and intangible expenses. These intangible expenses come off the books and reduce your net income so the business is allowed to save on taxes and in many cases not pay any taxes. Furthermore, there is a lot of hidden value from r&d and sales and marketing which is considered an operational expense even though these investments will provide a benefit well into the future. If you follow the cash, Sangoma is firing on all cylinders.