Member Info for Superjim

Be interested to know which ads you've seen Baking?

Watched some on twitch last night and could see lots on the french feeds but not as much on the UK ones.

Sorry to doubt you helx, you've provided very good evidence as to why you're right.

Just checked twitter "FactcheckUK" and everything you've said is true :-/

Helx - As we discussed yesterday even if Dentsu had made a £6m payment to Bidstack they wouldn't be able to recognise it all as revenue in the year.

Agree Bottmzup, they will have been generating revenue from the ads in the football manager games along with GRID and dirt rally.

Have to say the annual report is going to be very interesting. If we hit near the revenue target then we're really off to the races and hopefully that will be the case. Until we actually see the accounts or get some contract figures then nobody can say for a fact (unless you are inside Bids) that we are going to hit revenue targets. I believe we will because of what has been put out on podcasts, linkedin etc but like I say it is far from a fact until we actually see the figures.

Exactly so it wouldn't all be able to be recognised as revenue in this year's accounts.

Admittedly Bidstack would have the cash and a guaranteed income stream/order book which would look very good but they wouldn't be able to say we've made £6m revenue in the year unless they've actually provided the services for it within the year.

Under IFRS 15 revenue from contracts there would need to be performance obligations linked to each part of the contract. When Bidstack fulfills and obligation then they can recognise the revenue. So, for example, if a company had a big maintenance contract which spans over 5 years and they are pre-paid the whole contract value (unlikely) they would not be able to recognise the whole sum as revenue in that year, it would be linked to performance obligations over the course of the 5 years. These obligations will be audited to ensure that companies are not incorrectly recognising revenue. The upfront payment would sit on the balance sheet as a "progress payment" until it is recognised as revenue.

Helps to be a qualified accountant sometimes ;-)

PS - If anyone is playing the game and notices some different brands then I'd certainly be interested in knowing who's getting in on the act. I saw a big list of companies that someone had put on twitter (and reposted here I think) of ads seen in GRID and FM19. The ones that would really excite me would be more fast food outlets getting in on the action with in-game exclusive discounts when you click through (like the trial that Subway did in Turkey - don't have the link unfortunately).

Perhaps I had just timed it wrong to not see any non-partner ads. Hopefully there will be lots showing, although, I guess it depends on who is buying them and how much they are spending. Fingers crossed when they start to see good results then the amount of adspace brands are buying will increase.

Fursake - I'd definitely say that the Andy Mcnab book is a paid Bidstack ad along with screwfix, not sure about Centrepoint, think they may also be a charity connected with FM anyway.

Good to see ads from Canal+, Uber etc being seen though.

I guess that the partner ads are the default if no-one has bought the adspace programmatically on the 11 out of 12 billboards that Bidstack is running and then these are replaced by the brand ads when they have paid their money. I guess as brands get more into the world of gaming the number and variety of the in-game ads will increase.

They are not the programmatic ads leng_man they are the ads for the partners of the game. I'm talking about ads the likes of what Dewhurst is referring to for companies not connected to the game that Bidstack have implemented. Thanks Dewhurst btw for a sensible response.

I know what's going on here, I'm not expecting billboards saying "Bidstack" on them! It seems like you're the one who maybe needs to do a bit more research mate...

Thanks RAF31.

I've been watching some twitch videos of people playing FM20 this morning and I can't see any Bidstack ads in the game :-/

All I can see are ads for Football manager itself, War Child charity, Kick it Out, Movember and Special Effect which is a video game charity. Looking on the football manager website the above are official partners of the game and sports interactive.

https://www.sigames.com/studio/sponsorships-and-partners

Anyone seeing any in game Bidstack ads?

Anyone on here bought the game? Very interested to see what ads start popping up as it's the first game to use the SDK

Wilson63, did your boy get to see some Bids ads in football manager in the end?

Yep, definitely looks like a sell given the time

Very strange after the bell trade of just 2 shares to bring it back to 18p

Nice bit of SP action into the close there and now two blue days in a row, hurrah!

Have a good weekend Bidsters

Apologies WL1516, reading that back I come across as very agressive and abrasive, not my intention. Hope you found the article in the end. Cheers Jim

I copy and pasted it from his post so it says exactly what I wrote :/

Click on the article:

https://www.linkedin.com/pulse/brief-reflection-james-draper/

https://www.linkedin.com/posts/jamesdraperlinkedin_bids-3yearsin1-activity-6597756118716465152-ILYL

WL1516 - I reposted the response at 10:00 this morning