RE: BIDs made £300k in revenues for H1 and will continue to be loss making6 Oct 2020 15:23
Nickel, when you say BIDs doesn't make any money I assume you mean profit, as clearly it does make some money.
Now I know you think you are some genius, but between you and me, everyone here knows BIDs hasn't made a profit, I'll give you a tip, its in the financials, the income and outgoings are shown for all to see! (Maybe no Einstein after all)
Now what I think you mean is will BIDs make money (or profit) moving forwards? Well guess what nobody really knows, but what we can be clear on is that revenue will grow...they will make more income H2 than H1. If you keep up with what's going on you will see they have formed some strategic partnerships with software producers that also believe they will make money. Since H1 they have a deal to provide ads in Hyperspace, Real cricket to mention just two. Now if advertisers place ads in these games then presumably they will make more money moving forwards. If they can continue to build on that, more inventory, more advertisers you will see more income, and more income will no doubt reduce any losses and move towards a position of profit. It really isn't that hard to follow...you've stated the obvious as show in the updates, but you don't seem to be able to do any joined up thinking as to where this is going. It does take a bit of forward thinking, where we are going rather than where we have been. Try and think really hard about it, I know it might hurt, but it will be worth it in the end.