Article: Some Excellent CA Finds For You

[One and a half]

2 hours ago, Em2016 said:

 

https://www.rtbf.be/culture/pop-up/detail_qobuz-prepare-son-arrivee-aux-etats-unis?id=9772232

 

"Qobuz has a turnover of 9.1 million euros for 2016-2017 and a negative gross operating result of 4.8 million euros.

He expects to achieve profitability in 2020-2021 with a turnover target of 108 million euros."

Expects, love that, it's almost trying to say guarantee, without sounding like a snake oil salesman. For now every euro they earn, half of it is lost. This business doesn't correspond to a cyclic change like agriculture where rains determine the cycle. It's just steady losses on a flawed model. For now it works, make the most of it, I suppose.