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Our comment on the #Sinch call 1/n
As soon as the second last analyst nailed it right on the head, #Sinch dodged, and stopped answering. They will discuss this hot topic only in private? 2/n
Why not let the public be part of the answer? It's obvious that they misstated their financials, and they don't want to state it. Executives, who can't answer a simple question, raise further doubts. 3/n
We are short $Sinch, a swedish telecommunications company. In our opinion, the company misstated its financial statements by billions, read the full report:
ningiresearch.com/2022/07/11/res…
ningiresearch.com/2022/07/11/res…
As a tech company #Sinch expensed ZERO R&D costs in 2021. All while #Twilio expensed 28% of revenue in the same time, #Sinch self proclaims being profitable for years while growing its business, read the full report: ningiresearch.com/2022/07/11/res… 
At first glance, we found material misstatements of net profit and EBIT within #Sinch financial statements. Profit is misstated by SEK 34m and EBIT by SEK 22m, read the full report: ningiresearch.com/2022/07/11/res…
