I guess what quinlash is trying to say is that if you want to see 'bad' / 'poor' report looks like, then take a look at Tilrays last 3 years of financial statements showing total losses of $3.1 BILLION - USD.
Then take a look at simple Simon's compensation for the same 3 years - a total of $66 million USD.
Debt reduction by paying it off with shares is not good,revenue increase by acquiring bad companies is not good and EPS stands for Earnings per Share. Tilray has never had a profit - so it's never had earnings.
The 'improvement' was artificial - an accounting entry that should have been made to reflect Impairment Exoense. Tilray carries $3 billion in Intangible Assets and Goodwill as part of their $4 billion in assets.
THAT is not a good balance sheet
Post by
quinlashon Oct 09, 2024 9:42pm 36 Views
Post# 36260263
RE:Tick, tick, tick
If you are trying to determine what a "good" report and what a "bad" / "poor" report looks like then I certainly hope you reviewed the last 3 QTR reports to identify the trend in debt reduction, net revenue generation and improvements to EPS Numbers.