, Columnist
Investors Should Stick to Their (Accounting) Principles
The Southeast Asian e-commerce company would rather be judged by its chosen financial metrics.
Photographer: AndSim/Getty Images
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Net-off revenues, employee share compensation, fair value of convertible notes, deferred revenues.
Sea Ltd. offers many reasons why you should maybe ignore the standard way businesses report their financial results and focus instead on the Southeast Asian internet company’s preferred method.