
TWIG #182 Crypto crash and blockchain gaming / Explaining FIFA's breakup with EA
Deconstructor of Fun
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I'm a Simple Person, Right?
The company's valuation is back to where it was pr ipo, right? Like, theyere nine billion dollars, which is still unreasonable. They're losing money hand over fist. Their revenues decline quarter or quarter in q, one of two, 20 22. But the bigger question for robok is that profitability went down. Not only did their revenues come down, but their profitability went down from like 21 % to ten%. I mean, it was like insane. So basely, not only are they not growing revenue, but they are delivering less profit. And so, i don't know, they're getting everything they deserve,. honestly, itheywat o, movein. O
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