1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Mindark Financial Report

Discussion in 'Miscellaneous Discussion' started by SallyBridges, Jun 6, 2015.

  1. SallyBridges

    SallyBridges Adviser Arkadia Adviser

    Messages:
    688
    Likes Received:
    284
    Trophy Points:
    63
    • Informative Informative x 1
  2. Lightz

    Lightz Active Member

    Messages:
    140
    Likes Received:
    69
    Trophy Points:
    28
    639553 SEK converts to 76318.05 USD at the current exchange rate. The question now is, what percentage does MindArk get from the sales of the AUDs?
     
  3. Sniqs

    Sniqs Active Member

    Messages:
    292
    Likes Received:
    59
    Trophy Points:
    28
    I think this money is not from deed sales, but the payouts from unsold deeds. David did say that they were going to be used for marketing. Of course, it's difficult to prove either way unless we know the number of deeds sold.

    EDIT: On secound thought, if these were just the payouts, that would mean only ~10% of the deeds were sold... (assuming none of this money was spent yet)
     
    Last edited: Jun 7, 2015
  4. May

    May Active Member

    Messages:
    906
    Likes Received:
    230
    Trophy Points:
    43
    Eh, long-term liability, Arkadia Marketing Reserve? [​IMG]
    I'm slightly confused: why are those AUD finances on the MA report in the first place?
    Why does MA reserve AUD revenue for marketing: they are not the ones doing the AU marketing (I hope)?
    What am I missing?

    Btw, also interesting that PCF is now owned by MA. ;)
     
    • Informative Informative x 1
  5. wournos

    wournos Active Member

    Messages:
    652
    Likes Received:
    129
    Trophy Points:
    43
    I find it interesting that they have to announce how many women they have on their staff. With such low number I would expect them to keep the number to themselves. Three is not something to brag about. :cautious:
     
    • Agree Agree x 1
  6. WhiningSkeptic

    WhiningSkeptic Active Member

    Messages:
    272
    Likes Received:
    55
    Trophy Points:
    28
    With all fairness, that is just a stupid statistic to have. I am so tired of all the pseudofeminism going on. What is important, is an employe's competence, not his or her gender. In game development, for obvious reasons, you'll have a hard time going 50/50 without discriminating.
     
    • Agree Agree x 1
  7. KikkiJikki

    KikkiJikki Well-Known Member Pro Users

    Messages:
    3,323
    Likes Received:
    440
    Trophy Points:
    83
    There are often legislative requirements around including such details in annual financial statements. It's got nothing to do with feminism.
     
  8. WhiningSkeptic

    WhiningSkeptic Active Member

    Messages:
    272
    Likes Received:
    55
    Trophy Points:
    28
    May or may not. I was merely pointing out that an even distribution of male/female employees is not always the most equal, as Wournos pointed out the lack of female employees.
     
  9. Sniqs

    Sniqs Active Member

    Messages:
    292
    Likes Received:
    59
    Trophy Points:
    28
    I would guess that MA is gathering the AUD payouts in a separate pool much like players have in the financial centers or whatever it's called, can never remember, until Ark decides to transfer them into their account or something like that.
     
  10. David | Arkadia

    David | Arkadia Administrator Staff Member PAF Administrator Planet Arkadia Official

    Messages:
    742
    Likes Received:
    238
    Trophy Points:
    43
    To clear things up a bit.
    100% of the payouts from unsold deeds go to marketing, that is not shown in the report.
    A sizable portion of the sale of deeds is earmarked for marketing, MA's portion is shown in the report.
    MA and Arkadia split the sale proceeds 50/50.

    So whenever you spend time in the Underground or purchase AUD's you are boosting our marketing activities and helping to grow the planet (and by default helping to grow the future earnings of the deeds).
     
    • Informative Informative x 7
    • Like Like x 4