/vt/ - Virtual Youtubers

>>44219300
Best I could find for last quarter

Cover has 54.7 MILLION USD of cash and deposits on the books as of end of Dec 2022. The main liability is 34.0 MILLION USD of advance payment of merch etc. Or to put it another way fans have loaned Cover a cool 34 mil for about six months, interest free. Aren't preorders great?

By the way the IPO will raise about 7.9 mil at 1.5 mil share offering and the 710 yen starting price. Additional shares from investors don't give any money to Cover.
Anycolor's IPO price increased from 1530 starting price to 4810 at market open, or 314%, most of that through the bidding process. If Cover's bids up the same percentage, it will open at around 2230 yen and net about 24.9 mil USD raised. Or less than half the cash they have on hand already.

I hope that money is being saved up for HoloFes and the studio, because holding a cool 75-100 mil by the end of FY2023 is kind of crazy.

Cover has 54.7 MILLION USD of cash and deposits on the books as of end of Dec 2022. The main liability is 34.0 MILLION USD of advance payment of merch etc. Or to put it another way fans have loaned Cover a cool 34 mil for about six months, interest free. Aren't preorders great?

By the way the IPO will raise about 7.9 mil at 1.5 mil share offering and the 710 yen starting price. Additional shares from investors don't give any money to Cover.
Anycolor's IPO price increased from 1530 starting price to 4810 at market open, or 314%, most of that through the bidding process. If Cover's bids up the same percentage, it will open at around 2230 yen and net about 24.9 mil USD raised. Or less than half the cash they have on hand already.

I hope that money is being saved up for HoloFes and the studio, because holding a cool 75-100 mil by the end of FY2023 is kind of crazy.