S4 Capital posts significant operating loss, but sees $638.8m profit in FY2022 results
S4 Capital reported its FY earnings to 30 June 2022, revealing an operating loss of 354.2% while revenue for the period was £446.4 million (A$758.7 million), up 59.8% reported and 30.7% like-for-like.
For the period, S4 reported an operating loss of £75.4 million (A$128.2 million), significantly higher than the £16.6 million (A$28.2 million) seen in the period 30 June 2021.
Hiring people before you have revenue, will usually lead to losses or low profits. Suppose you can do that when you dont answer to the holding companies