Cass....I wanted to let you know that I responded to your post, but they deleted the message. I did admit my mistake, I looked at the wrong data in my haste.
Also, to help you understand, the operating loss doesn't mean much, it's the gain or loss attributable to shareholders that is meaningful. The difference is they could have a tremendous amount of interest income or expense, just like an individual income tax return.
And we don't know if the contracts you bring up are going to be profitable, they may incur large operating losses, so profitability isn't necessarily around the corner.
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