Elisa invested 15 million on Sulake

[FlyingJesus]

2m loss in the first year on a 15m investment of a company in dire trouble is not a huge issue, Elisa are clearly playing the long game here and that alone should be good news for everyone with an interest because it shows that they aren't likely to be giving up on Habbo any time soon. Also not sure if it's just because of the translation but that 2m loss isn't very clearly indicated - is it an actual loss or "loss in profits" ie just not getting as much as it used to? I'm more inclined to think the latter since Habbo/Sulake was making ridiculous coinage in previous years and it's rather unthinkable to assume that they'd go from a vastly growing business to actually being on a loss of that magnitude

[JustZach]

Let's hope we see some changed for the better happening in Habbo!

[Matt]

I could think of so many more things to do with 15 million Euros than buy out Sulake. Why on earth would you do such a thing. Big deal, she effectively owns habbo or whatever, who cares, habbo will soon die out. Silly people

[FlyingJesus]

I could think of so many more things to do with 15 million Euros than buy out Sulake. Why on earth would you do such a thing. Big deal, she effectively owns habbo or whatever, who cares, habbo will soon die out. Silly people

Elisa is a telecoms company with a revenue of about 1.5m Euros, not a person

[scottish]

Elisa is a telecoms company with a revenue of about 1.5m Euros, not a person

billion not million, they get something like 150mil profit.

[FlyingJesus]

Oops yeah meant bn, would prob be difficult to spend 15m if you only have 1.5

[edible]

iirc sulake hasn't returned real terms profit since 2010

i guess without elisa habbo would be either closed or on death's door

[Bradley.]

why does it say 85% to 100 in the quote then 24% to 100 in the lil box thing

[FlyingJesus]

The text is translated from French and hasn't done it perfectly, should be increased BY 85% rather than FROM