The hottest Expenses Substack posts right now

And their main takeaways
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Top Finance Topics
The Swiss Ramble β€’ 648 implied HN points β€’ 12 Apr 23
  1. Chelsea's 2021/22 season saw highs and lows, including finishing 3rd in the Premier League and winning UEFA Super Cup and FIFA Club World Cup.
  2. New ownership led by Todd Boehly saw a record Β£481m revenue for Chelsea, with a reduced pre-tax loss of Β£122m.
  3. Revenue increase was boosted by fans returning to the stadium, resulting in higher match day and commercial revenues, although broadcasting revenue fell due to specific reasons.
The Swiss Ramble β€’ 373 implied HN points β€’ 15 Jan 24
  1. Newcastle United's financial performance improved with new ownership, benefiting from significant investment.
  2. Despite impressive revenue growth, the club still ended up with a substantial pre-tax loss of Β£73m.
  3. Major revenue growth was seen in all streams, establishing new club records in commercial, match day, and broadcasting.
The Swiss Ramble β€’ 471 implied HN points β€’ 03 Apr 23
  1. Manchester United announced their financial results for the first half of the 2022/23 season
  2. Despite challenges, United is showing signs of recovery under Erik ten Hag
  3. Revenue remained stable, but there were significant changes in commercial and broadcasting revenues
The Swiss Ramble β€’ 471 implied HN points β€’ 15 May 23
  1. Paris Saint-Germain's finances show a significant loss despite an increase in revenue and profit from player sales.
  2. The team experienced a substantial rise in operating expenses and faced challenges with compliance to UEFA's Financial Fair Play regulations.
  3. PSG's revenue improved mainly in commercial areas, but broadcasting revenue decreased due to poor Champions League performance and deferred income.
The Swiss Ramble β€’ 216 implied HN points β€’ 05 Feb 24
  1. Luton Town achieved historic success by being promoted to the top flight of English football for the first time
  2. Despite operating on a low budget, Luton Town faced a notable increase in expenses due to promotion bonuses
  3. Revenue growth for Luton Town in 2022/23 was mainly driven by a significant increase in commercial income
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The Swiss Ramble β€’ 196 implied HN points β€’ 31 Jan 24
  1. Middlesbrough reduced their pre-tax loss by increasing profit from player sales.
  2. The club saw a rise in revenue, particularly in match day and commercial income.
  3. Despite improvements, Middlesbrough still posted a loss, but it was considered good for the Championship.
depression2022 β€’ 19 implied HN points β€’ 02 Feb 24
  1. Meta exceeded earnings expectations for Q4 2023 with $40.1B in revenue and an EPS of $5.33.
  2. Meta reported a 25% YoY revenue growth in Q4, reduced expenses by 8%, and achieved a 41% operating margin.
  3. Meta announced plans to pay $0.5 quarterly dividends and buy back $50B of stock, emphasizing continued focus on the Metaverse and AI development.
ASeq Newsletter β€’ 43 implied HN points β€’ 12 Jan 24
  1. Oxford Nanopore relies heavily on consumables for revenue, which is unique in the industry
  2. Oxford Nanopore's customer growth appears to be slowing down across different customer segments
  3. There is potential concern in Oxford Nanopore's slowing instrument sales but steady revenue from existing customers
Below the Line from Kevin LaBuz β€’ 10 implied HN points β€’ 11 Jun 23
  1. E-commerce industry growth is uneven post-pandemic, with larger companies thriving while smaller ones struggle.
  2. Second quarter outlook for e-commerce shows signs of improvement, but uncertainty remains for full-year guidance.
  3. Consumer behavior is shifting towards more value-focused spending, with customers trading down on discretionary items.
Dr.John B’s Newsletter β€’ 0 implied HN points β€’ 26 Apr 24
  1. Meta loses $200 billion in value due to increased spending and investment forecasts, particularly for boosting artificial intelligence tools.
  2. Despite strong quarterly results, including a significant increase in revenue and profit, the market reacted negatively to Meta's plans of heavy spending on AI.
  3. Mark Zuckerberg emphasizes the long-term potential of AI for Meta, but investors remain skeptical about the company's ability to effectively monetize new AI services and generate revenue.