PlaySide Studios Earnings Disappoint
This is a news story, published by Yahoo Finance (Canada), that relates primarily to PlaySide Studios Limited news.
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Profit PerformanceSimply Wall St
•PlaySide Studios Limited ( ASX:PLY) shareholders were disappointed with the company's earnings. Here's how we can help
78% Informative
PlaySide Studios Limited reported a profit of AU$11.3m in the last twelve months , despite its previous loss.
The company had a negative accrual ratio of 0.48 for the year to June 2024 .
That means it didn't generate enough free cash flow to match its profit.
As a general rule, that bodes poorly for future profitability.
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