Thanks. Also part of their merchant revenue was by means of ...

WebPsycho commented on the news · Feb 18, 2022 14:22

Thanks. Also part of their merchant revenue was by means of unrealised profit of $ 200M in the AFRM shares they had at its IPO. Those were about 10M shares. It gave phenomenal boost to not only AFRM share price, it also let them report crazy operating margin which is more than the total revenue. Talk about the scam reporting ! The same investment was now reported with $500M unrealised loss and eating up all the operating margin. So really this is going back to pre pandemic levels sooner than later. Thanks for the article

Shopify Is Still Overvalued Despite Even Its Recent Drop

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