Direi proprio di sì, è scritto anche nel comunicatoSe è stato revocato, non dovrebbe più essere nel portafoglio di nessun investitore...
Se è stato revocato, non dovrebbe più essere nel portafoglio di nessun investitore...
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Wirecard’s core business in Europe and the Americas has been lossmaking for years, casting doubt on the economic substance of the parts of the company not directly affected by its accounting scandal. The German payments group collapsed into insolvency last month after revealing that €1.9bn in cash in its accounts probably did “not exist”. For years it had portrayed itself as a highly-profitable business. According to its EY-audited financial reports, between 2016 and 2018 Wirecard generated operating margins of around 22 per cent and almost doubled annual earnings before interest and taxes to €439m. The company last year also promised investors a fivefold increase in profits by 2025. But such profits appear to have existed largely on paper, according to data in the confidential appendix of a special audit conducted by KPMG and seen by the Financial Times. The report was commissioned by the company late last year in response to questions over its accounting practices. Wirecard’s internal numbers reveal that the operating performance of its core business — mainly payments processing in Europe and issuing credit cards in Europe and North America — was far worse than previously known. The figures show that those core activities have also become increasingly lossmaking in recent years, despite accounting for half of the company’s reported revenue and almost two-thirds of the transaction volume... (FT)