Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
already obvious weird financial treatment make expenses as asset, already a high risk stock, still many say very low pe good fundamental before, shaking my head
All those finiancial statement need to audit by chartered accountants firm... Cant simply add expenses as assets as what you said.. Lol.. Are you an accountant?
technically right, but does it worth that much, amortize relatively slow currently, one day can give you a big write off for asset reevaluation if zetrix doesnt get enough adoption to cover the constant big capex
It might be the same incident happened to AirAsia 2015... June 2015, GMT Research, an accounting research firm licensed by Hong Kong's Securities and Futures Commission, published a report questioning AirAsia's:
accounting practices,
profit generation,
cash flow,
leverage, and
group structure. �
The Business Times +1
The report caused AirAsia shares to fall sharply, and the issue received substantial attention in Malaysia. However, GMT Research was not AirAsia's auditor and did not "qualify"
there must be solid and strong evidences and proof that the development cost for whatever AI infrastructure being built can generate cash flow in the future before they can capitalize them and recognise revenue for whatever they build, they could have signed some sort of agreement with third parties to use or buy their services .... accountant won't simply recognise the revenue ....
