so I saw this and I was like. 1. please devs don't do that, don't ever do spec work
but 2. I was like what the fuck is atari doing lately
the answer is "a lot of crypto" which is unsusprisingly tanking, but also uh wow a thing I didn't realize is that they're doing the financial equivalent of scraping the boat along the bottom of the river and have been doing that for YEARS
That image shows a total operating loss of 33 million euros over the last two years. According to the rest of the doc they managed to raise about 45 mil this year by 1: taking on a 10 million euro loan, and 2: selling 30 million euros in stock-equivalent bonds. 15 million of that immediately went to set-off, which is a polite way for "you defaulted on a DIFFERENT loan so they're allowed to direct-deposit the money from your bank account to theirs"
This is some pretty impressive financial shenanigans and uhhh suffice it to say I'm going to be fascinated to hear how they plan to survive 2-3 more years like this
Anyway they just acquired nightdive studios so I'm sure THAT'S fine and they're going to be fine
It's a uhhh... puzzle platforming management sim. It's also a live service game somehow. Very hip with the kids right now. Money, please.
