Post by
Wangotango67 on Aug 26, 2016 10:30am
Q-2 = $3,390,891 + revenues are certainly there...
Revenues ars great...Its just how they're tabulated, right?
Question is... Did they really have a loss, or is this a question of, where and how the revenues were categorized - whereas, each acquisition has a greater benifit (write offs, depreciatons, foreign exchange, loan interest, ) for the company,
Meaning...
A benifit for a company to claim expenses to reduce the overall, making it a benifit for a company wanting to utilize such accounting messures - for a savings - but on the flip - it affects the bottom line showing a profit?
I dont know... Im certainly no accountant, i have brain drain just thinking about it...lol
Im looking forward, hoping there's ample free cash flow, that pyd can use, to increase their revenues exponentially, obtsining contracts with a lessor placement fees - with higher profits - like a poker per hand play, ever increasing the revenues all the more. I think they need a gaming product, that captures far more revenues, which means, digital, and if guidelines restrict how much is given \ taken... Then its about - capturing a broader audience, in a medium that offers a variety of game options = increasing more plays - greater loyalty, longervplsy time, within an exclusine enironment thstvoyd controls, that caters to its own exclusive clientele, no competition aside.
I calculated.... 3.5 million usd revenues x 4 quarters = 14 mil USD x 1.3 CDN = 18.2 million CDN with 30 mil outstanding. Though their contracts are all long term... In the multiple millions - many dismiss this aspect and the forward potential of worth and potential growth adding more machines with existing clients.
Suppose all contracts have a remaining 6 years, x 18.2 mil CDN = $109,800,000.00 CDN projected revenue worth. (Based on current quarterly track record if kept consistent and no new growth )
With a macro look = 30 mil debt \ 109.8 mil in potential revenue worth in long term contracts.
Thats looking at it from a company \ financiers viewpoint where's company or .financier gets paid first. Take the next step and screen the revenues -, bringing the revenue to an ebtida status, then to a profit status... It all depends how a company handles the cash, once in hand.
Looking at the micro, per quarter, and then throw in accounting - which a company needs to exercise such write offs, as most all companies do...
And then there's the last stance, from a shareholders perspective, ... We need a value each quarter for the stock to perform. Is the value there, but merely hidden in the translation of accounting?
Is it a situation of, no one ept enough to disect and decipher the numbers, to recognize ?
After all, this is not your typical accounting, its way out of my league, this corporate business and financing is indeed not easy to understand. Well, at least i think it so.
Wango ~