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-   -   UBISoFT huge losses (http://forum.fulqrumpublishing.com/showthread.php?t=22839)

Goanna 05-15-2011 01:06 AM

Quote:

Originally Posted by Icewolf (Post 283333)
Ubisoft's net loss for the 2011 fiscal year ended March 31 increased 5 percent from the year before to €52.1 million ($74 million)

unless they are cooking the books your right I don't understand business at least not this kind, I'll not be buying any of their stocks

They don't make it easy to read this stuff, but they 5% that they are quoting is the % of sales(52.1/1038.8 ). They reported a 43.7M loss in 09/10 so the actual increase in loss is 19.2% ie (52.1-43.7)/43.7 Actually all the %'s in the screenshot below are calculated based on the Sales figure.

This pic is from this report here.

http://i13.photobucket.com/albums/a2...nd-3-31-11.jpg

Dunno how they figured out the Operating Income/(loss) as (80.4) when 2 lines above it say 29.4 :confused: The net cash position doesn't look too shabby though :)

Icewolf 05-15-2011 04:52 AM

Perhaps a clever way to avoid taxes


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