TSX:BBTV.DB - Post by User
Comment by
TakeHighRoadon Mar 29, 2022 8:29pm
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Post# 34557368
RE:Look at those horrible results
RE:Look at those horrible resultsHey CanadianKia gross margins are not 2%, they are 400% higher that number, I'm pretty sure you've made an error there, that is only the case if you look at technical IFRS and don't see through the PPA associated with the initial IPO and amalgamation, thats why they publish adj gross profit as approved by their auditors. That is clearly set out in their PR and their MD&A.
Personally I think the results are pretty decent especially when you consider they are comparing to a period of time where lockdowns were more substantial and views were higher. These are patterns everyone is seeing in adtech.
IMHO if Plus revenues continue their positive trend (and it looks like they will as they are expanding solutions there and seeing improvements) I don't see why this company can't have a bright future