IdeaLab! Plays With Its Financials

from the accounting-for-fun dept

If you want to have a fun time trying to understand IdeaLabs! finances this article might be for you. The argument from them is that the “old economy” revenue statements they are forced to produce are far too inaccurate to portray its true revenue stream. Are they hinting that perhaps this company is worth more than it’s value? This plea should join every other “new economy” company trying to boost its value by claiming that its revenue stream is a paltry impression of its overall value.

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