May. 14 at 12:33 AM
$DOMH $57M loss due to staggering "expense" of
$68.2M in total compensation and benefits. Executives were granted
$18.4M in stocks and grants.
$7M loss on ABTC sale. Over
$12M in commissions.
$12.9M in income tax expenses. As for SPVs in layman's terms, the non-unicorns are LLCs created to park investor's money to be used, at DOMH's discretion, for 'shares' of not-yet-public companies. To me, their strategies are their prerogative, it's fine. What as usual bothers me is their $ disbursements to themselves while they could let the stock appreciate. Total dividend expense is
$9M - peanuts compared to numbers above, I'd like to see more retained earnings and higher share value even if DOMH's tax bill would be higher, instead of
$0.31 Divs. Compared to Goldman and Morgan DOMH is a very small player in SpaceX. If DOMH would retain earnings, stock would be over
$15 already.
