Note: In the MtGox “Crisis Strategy Draft” document that was leaked today the 8th slide was blacked out and censored completely: http://www.scribd.com/doc/209050732/MtGox-Situation-Crisis-Strategy-Draft:
I have managed to extract the data that was censored (using the enterprise forensic version of copy + paste) - it is in the next page.
updates at @nikcub - http://www.twitter.com/nikcub
Mt Gox business is healthy and profitable Projection Draft
Income Statement | April 1, 2012 - March 31, 2013 | ** April 1st, 2013 - March 31st 2014 | *** April 1st, 2014 - March 31st 2015 | *** April 1st, 2015 - March 31st 2016 |
(Amounts in thousands of USD) | ||||
Net Sales | 1,351 | 10,750 | 31,500 | 71,950 |
Cost of Goods Sold | 40 | 100 | 150 | 200 |
Gross Profit | 1,311 | 10,650 | 31,350 | 71,750 |
Selling, General and Administrative Expenses | 1,099 | 7,635 | 11,350 | 15,900 |
Operating Income | 212 | 3,015 | 20,000 | 55,850 |
Interest Income | 6 | 7 | 14 | 40 |
Foreign Exchange Gains | 76 | 4 | - | - |
Non Operating Result | 82 | 7 | 14 | 40 |
Ordinary Income | 294 | 3,022 | 20,014 | 55,890 |
Corporate Taxes | 8 | 1,022 | 6,164 | 16,890 |
Net Income | 286 | 2,000 | 13,850 | 39,000 |
1) Breakdown of Selling, General and Administrative Expenses | April 1, 2012 - March 31, 2013 | ** April 1st, 2013 - March 31st 2014 | *** April 1st, 2014 - March 31st 2015 | *** April 1st, 2015 - March 31st 2016 |
(Amounts in thousands of USD) | ||||
Subcontracting Expenses 2) | 814 | 3,650 | 6,200 | 10,000 |
Accountant, Consultant and Lawyer Fees | 167 | 3,300 | 4,000 | 4,000 |
Commission Fees | 51 | 340 | 415 | 1,000 |
Depreciation | 0 | 125 | 360 | 400 |
Advertising Expenses | 4 | 75 | 160 | 200 |
Salary | 60 | 105 | 130 | 150 |
Other | 3 | 40 | 85 | 150 |
1,099 | 7,365 | 11,350 | 15,900 |