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57. Re: Square Enix Reports Mar 26, 2013, 17:23 Beamer
 
Agent.X7 wrote on Mar 26, 2013, 15:16:
Beamer wrote on Mar 26, 2013, 13:33:
Creston wrote on Mar 26, 2013, 13:24:
Agent.X7 wrote on Mar 26, 2013, 13:22:
You need to know accounting to understand what we mean when we say we are operating at a loss. On paper, our expenses are more than our profits. However, if I was really losing $7 to 11K per month, I wouldn't still be here.

What? That's crazy!

I don't know what it is about this board, but people seem to love claiming that losses are losses and what you describe is absolutely impossible, no matter what every CPA in the US says.

Rolleyes

Creston

And, again, Creston confuses the operations of a small, private business with a large, public company.

Some people kept claiming THQ was losing money on paper. Then it ran out of money and went out of business.

Whoopsies!

Here's a good indicator: if your CEO gets shown the door, you probably actually lost money. If you're running a business that doesn't really have anything to depreciate yet you're showing a huge loss, you probably are losing money.

If you are running a business that has nothing to depreciate, you are doing it wrong.

My point being, Square Enix doesn't build a $100 million dollar factory that it then depreciates over the next 5 years.
 
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