505 Games owner Digital Bros to cut 30 percent of its staff

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Here’s the same company boasting about record profits and revenue six months ago https://uk.marketscreener.com/quote/stock/DIGITAL-BROS-S-P-A-79337/news/Digital-Bros-in-9-months-sees-profit-and-revenues-on-the-rise-43821922/

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Net financial position is negative EUR21 million from EUR15.2 million net of IFRS 16 and in line with expectations.

From your own article…

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Ifrs 16 makes things complicated, I wouldn’t pay attention to that part unless you are interested in the specifics of the companies financials. The point is that revenue and profit were up

505 Games owner Digital Bros to cut 30 percent of its staff - GameDeveloper

505 Games owner Digital Bros to cut 30 percent of its staff - GameDeveloper

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505 Games owner Digital Bros to cut 30 percent of its staff

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505 Games owner Digital Bros to cut 30 percent of its staff - GameDeveloper

505 Games owner Digital Bros to cut 30 percent of its staff - GameDeveloper