RE: Lovely28 Mar 2024 14:32
Serious question. The benefit of long term contracts is to return the free cashflow to holders.
IF they get contract, big if, you can bet the costs will make it just enough attractive for all excess to be absorbed into suddenly inflated [read senior staff] overhead so next year, it will just be EBITDA positive but no net profit. As 3p says, the word transformational is a very over used PF word - for over a decade.
On top of this, there is 100% bound to be a problem. Twitter sold yet?
GL