Steve Rothschild acquires a satellite company, prioritizing Charlie Wade’s needs over profit and clarifying acquisition terms. The CFO reveals the company’s significant financing and ongoing losses, impacting its valuation.
Hero of heart The amazing son in law complete, Bahasa Indonesia
Millionaire Son In Law Chapter 6962
Steve nodded slightly. If it was just a request not to be made public, then it was okay to say that at least the first-hand data would be available to Charlie as soon as possible.
So Steve asked again: “If I was really interested in a place and wanted a satellite to keep staring at it, I guess that could be done, right?”
Chief Technology Officer said: “This can be done, but if this request is more frequent, it will have a certain impact on the original satellite shooting mission.”
Steve was relieved and bought the company. He would not rely on it to make money. It would be better if Charlie could use it easily.
The main reason was that these satellites had to keep spinning in the sky, otherwise he would rather have all the satellites run to where Charlie was paying attention and take pictures of him 24 hours a day. As for the company’s early business, it was perfectly acceptable if he didn’t make a dime.
Thinking about this, Steve looked at the CFO and said, “Let’s introduce the financial situation.”
The CFO said respectfully: “Mr. Rothschild, our horizon has gone through four rounds of financing, with a total financing amount of 670 million US dollars.
The last financing was done at the beginning of last year, with a financing amount of 300 million US dollars, our annual revenue last year was 230 million US dollars, and the net profit was negative 50 million US dollars.