the intimation I referred to was that the layoffs were solely responsible, which may not be entirely truthful...
It sounds like your reaction was to my comment, however my comment was entirely truthful; I was looking at the numbers posted. FDev's revenues for both years are the same ($47.7M vs $47.3M) yet the recent year is a $4.4M profit while the previous year was a $4.7M loss. Unless some jiggery-pokery is going on that I don't understand (which may be possible as I'm not a corporate accountant) then this means the change in fortune came from a big reduction in expenses, not an increase in revenue (because revenue decreased slightly according to the posted numbers). In the game industry (which I am part of) a big change in expenses YtY is almost certainly about headcount. Without that change of expenses it would have been another year of loss, because revenues were the same.
Remember: FDev numbers are not numbers for Elite, they are numbers for FDev; the entire operation and all their games.
I think 2024 was a great year for Elite, but the comment was about FDev financials. I'm not sure why you assume people are being untruthful.
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