mCloud Technologies Corp (MCLD)

[DVP25]

The "Agnity" adjustments are a total mess. They received $6M USD but also took massive hits to their revenue as a result of the transaction. It's hard to understand, esp when you can't believe anything they tell you about it. At first it was a $4M hit to annual recurring rev and then somehow it morphed into $7M by the next call. All I know, is that it all netted out to an operating cash loss of $23M in the first 9 mos of the yr.