• BlueMagma
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    11 months ago

    I don’t understand, the article says of the 7 million after break-even they only got 567, who got the rest of the money ? Where did it go ?

    And even then, hundreds of people recieved a salary for a few years, is it not pretty good already ? To be able to sustain all these people ?

    • EdanGrey
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      11 months ago

      Could be loan payments, repaying investors, taxes …

      • BlueMagma
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        11 months ago

        Might be… the article is really unclear, but I really don’t think it is, they already factored in 42million in charges from the 49m… There something I don’t understand with this.

        • GenEcon@lemm.ee
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          11 months ago

          Thats due to 0 economic knowledge of the author. The article says 49 mil profit, which should be revenue. If you mix up such basic figures I wouldn’t trust any other ‘analysis’ of the article.

          • sugar_in_your_tea
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            11 months ago

            Exactly. Things like loan payments would be part of expenses, so either the $7m isn’t profit, or they have a really bad deal with their investors if they’re taking pretty much all of the profit.