(12-16-2025, 02:33 PM)clockwork5 wrote: From the yahoo finance page
Quote:Q1 FY25There is no way it costs them $75 mil quarterly to operate those dead boards.
Revenue
67.01M
Earnings
-8.32M
Obviously no one is buying these shares. I would imagine the company is almost all employee owned (Nep’s wet dream).
My guess is that they are paying themselves quite well in a wind-down plan to bankrupt the company and walk away. And since no outside interests own a significant stake in the company there is little to no opposition. I’m sure the payroll financials are out there but I’d rather just fart in the wind with my theory.
MOBA is listed on the Swedish stock exchange where everything ins reported in SEK, so you have to divide roughly by 10 to get the values in USD.
8 users liked this post: