Finanacials for UK are released.
Had a good laugh at the risks section. They note the cost risks for being able to deliver the game. They fail to mention the biggest risk - Chris Roberts.
They mention Covid as adding risk but i don't think they acknowledge that its probably thanks to Covid that they had such a good year of funding, with people being trapped at home, spending less elsewhere, and probably dumping more into SC. (correction, they do kind of touch on this a bit later).
I'm no expert on the financials side, but it seems to me they said that in the 2019 business year they only had a profit reserve of 1 million after a loss of 1.9 million for the year. That it was the Calder's second investment that gave them some breathing space. If i'm understanding that right, that should be downright scary for backers.
LOL... games released = 0
Oooh, signed by Erin! He's alive!
@Yaffle - any chance you can put on your accountant's head and give a TL;DR?
Just scrolled down, seems like they are saying they had 20 million in the bank at the end of 2019.