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Eve Online poor quality content thoughts and reality.

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Adrie Atticus
Caldari Provisions
Caldari State
#21 - 2014-09-02 11:38:00 UTC
Xylorn Hasher wrote:
First if you dont already know, CCP office in San Fran was closed and all employees from that location were dumped due to huge income dive this year ( CCP lost almost 23 mill USD $$$ on World of Darkness project which was shut down this year ).


From the translated half-year financial statement:

Quote:
- Revenue for the first six months totaled 36.5 million, subject to 36.7million in the same period of 2013.

- Gross profit for the period amounted to USD 33.3 million, a decrease of 1.8% without [sic] same period of 2013.


Where's the "huge income dive"?
RubyPorto
RubysRhymes
#22 - 2014-09-02 11:43:08 UTC
Adrie Atticus wrote:
Where's the "huge income dive"?


I suspect they're confusing asset write-downs with "income loss."

Which is understandable, I mean, noticing that something is not worth what you thought it was is almost exactly the same as having your pay cut...

"It's easy to speak for the silent majority. They rarely object to what you put into their mouths." -Abrazzar "the risk of having your day ruined by other people is the cornerstone with which EVE was built" -CCP Solomon
Grimpak
Aliastra
Gallente Federation
#23 - 2014-09-02 11:45:33 UTC
RubyPorto wrote:
Adrie Atticus wrote:
Where's the "huge income dive"?


I suspect they're confusing asset write-downs with "income loss."

Which is understandable, I mean, noticing that something is not worth what you thought it was is almost exactly the same as having your pay cut...

it must be because of the huge increase on R&D investment.

[img]http://eve-files.com/sig/grimpak[/img]

[quote]The more I know about humans, the more I love animals.[/quote] ain't that right
Xylorn Hasher
Caldari Provisions
Caldari State
#24 - 2014-09-02 11:47:22 UTC
Solecist Project wrote:
Too much mindshare, no open thoughts.


What ... if he ... is right?


No one have to believe me blindly.
It's just my conclusion based on informations I've found. All can read them by themselves and share their thoughts.
If anyone has information that will show I'm wrong, please put them here with sources.
Ah CCP financial report is here https://www.ccpgames.com/media/47894/ccp_hf_financial_statements_december_31_2013.pdf

All my posts are made shortly after Marihuana consumption.
Adrie Atticus
Caldari Provisions
Caldari State
#25 - 2014-09-02 11:50:15 UTC
Xylorn Hasher wrote:
Solecist Project wrote:
Too much mindshare, no open thoughts.


What ... if he ... is right?


No one have to believe me blindly.
It's just my conclusion based on informations I've found. All can read them by themselves and share their thoughts.
If anyone has information that will show I'm wrong, please put them here with sources.
Ah CCP financial report is here https://www.ccpgames.com/media/47894/ccp_hf_financial_statements_december_31_2013.pdf



Why are you skipping posts which argue against your points?
Xylorn Hasher
Caldari Provisions
Caldari State
#26 - 2014-09-02 11:50:33 UTC
Adrie Atticus wrote:
Xylorn Hasher wrote:
First if you dont already know, CCP office in San Fran was closed and all employees from that location were dumped due to huge income dive this year ( CCP lost almost 23 mill USD $$$ on World of Darkness project which was shut down this year ).


From the translated half-year financial statement:

Quote:
- Revenue for the first six months totaled 36.5 million, subject to 36.7million in the same period of 2013.

- Gross profit for the period amounted to USD 33.3 million, a decrease of 1.8% without [sic] same period of 2013.


Where's the "huge income dive"?


I see you cant read more than 2 sentences:

"Amortization of development costs, totaling 24 million without tax effects, is by far the biggest factor in the company return loss for the period up to 22.8 million. The company produced 4.5 million in EBITDA for the first six months year, down from 8.3 million in the same period of 2013. The decrease is attributable to the costs of notice provisions and departing employees increased costs to the first stage of new development projects. - See more at: http://evenews24.com/2014/08/28/ccp-financial-report-shutting-down-san-francisco-office-layoffs-and-losses/#sthash.qFz2HkyP.dpuf"

All my posts are made shortly after Marihuana consumption.
RubyPorto
RubysRhymes
#27 - 2014-09-02 11:57:45 UTC
Xylorn Hasher wrote:
Solecist Project wrote:
Too much mindshare, no open thoughts.


What ... if he ... is right?


No one have to believe me blindly.
It's just my conclusion based on informations I've found. All can read them by themselves and share their thoughts.
If anyone has information that will show I'm wrong, please put them here with sources.
Ah CCP financial report is here https://www.ccpgames.com/media/47894/ccp_hf_financial_statements_december_31_2013.pdf


You don't seem to have read so good.

R&D Costs 2012: 16,513,666
R&D Costs 2013: 56,577,889

Game Revenue 2012: 64,436,996
Game Revenue 2013: 74,184,353

A $10 million dollar increase in income is absolutely a "huge income dive." Just crushing.

"It's easy to speak for the silent majority. They rarely object to what you put into their mouths." -Abrazzar "the risk of having your day ruined by other people is the cornerstone with which EVE was built" -CCP Solomon
Xylorn Hasher
Caldari Provisions
Caldari State
#28 - 2014-09-02 11:58:36 UTC
Remiel Pollard wrote:
Derrick Miles wrote:
"Most CCP's employees are complaying bout its Management lack of clue and lack of competence"

...followed by unattributed remarks with no credibility. If you're going to make a case against CCP, at least support it with something other than rumor-mongering.


Then there's the part where he cites EN24 as a 'source'.

Then there's a part where people who lose their jobs are gonna feel bitter about losing their jobs (come on, everyone here that's ever lost a job knows exactly what I'm talking about).

You give people a site where they can post reviews of a 'former' or even 'current' employer anonymously, and anyone and their dog, employed by that company or not, can do so. I'm sure that CCP and its personnel, both upper and lower, have their faults, but the fact that the company is still functioning and producing content is testament to its strength and persistence. The opinions of former employees, whether real or not, are irrelevant to that.

Also, as someone that's worked in various management positions myself, I can tell you that last quote you offered is full of ****. The jobs of lower level employees are a lot safer than those of the managers. Remember Admiral Ozzel in The Empire Strikes Back? How many Stormtroopers suffered his fate for letting the Falcon escape?


Myself I work over 6 years now in one of the biggest hitech corporations in the world. We have over 122.000 employees in 122 countries all over the world, and I tell you you are wrong.

Employee reduction always goes from bottom to tops not the opposite.
Company will reduce low quality staff first, then engineers ( not all of course ), then will take bonuses away from Management but rarely will sack them.

All my posts are made shortly after Marihuana consumption.
Xylorn Hasher
Caldari Provisions
Caldari State
#29 - 2014-09-02 11:59:37 UTC  |  Edited by: Xylorn Hasher
RubyPorto wrote:
Xylorn Hasher wrote:
Solecist Project wrote:
Too much mindshare, no open thoughts.


What ... if he ... is right?


No one have to believe me blindly.
It's just my conclusion based on informations I've found. All can read them by themselves and share their thoughts.
If anyone has information that will show I'm wrong, please put them here with sources.
Ah CCP financial report is here https://www.ccpgames.com/media/47894/ccp_hf_financial_statements_december_31_2013.pdf


You don't seem to have read so good.

R&D Costs 2012: 16,513,666
R&D Costs 2013: 56,577,889

Game Revenue 2012: 64,436,996
Game Revenue 2013: 74,184,353

A $10 million dollar increase in income is absolutely a "huge income dive." Just crushing.


It's for 2013, now we have 09.2014 silly.

Actual one is here:
http://web.ccpgamescdn.com/ccpgames/assets/ccp-6-manada-uppgjor-2014-frettatilkynning.pdf

translated: http://www.reddit.com/r/Eve/comments/2er47w/ccp_laying_off_david_reid_closing_san_fran_office/ck25wb4

All my posts are made shortly after Marihuana consumption.
Hengle Teron
Red Sky Morning
The Amarr Militia.
#30 - 2014-09-02 12:04:25 UTC
Solecist Project wrote:
Too much mindshare, no open thoughts.


What ... if he ... is right?

What if the world is really flat ?
RubyPorto
RubysRhymes
#31 - 2014-09-02 12:10:32 UTC
Xylorn Hasher wrote:
It's for 2013, now we have 09.2014 silly.

Actual one is here:
http://web.ccpgamescdn.com/ccpgames/assets/ccp-6-manada-uppgjor-2014-frettatilkynning.pdf

translated: http://www.reddit.com/r/Eve/comments/2er47w/ccp_laying_off_david_reid_closing_san_fran_office/ck25wb4


So you're saying the half percent decrease in income from 2013 is a "huge income dive" then?

"It's easy to speak for the silent majority. They rarely object to what you put into their mouths." -Abrazzar "the risk of having your day ruined by other people is the cornerstone with which EVE was built" -CCP Solomon
Jenn aSide
Worthless Carebears
The Initiative.
#32 - 2014-09-02 12:13:40 UTC
Flay Nardieu wrote:
Foxstar Damaskeenus wrote:
TLDR

also

DTSABP

"Delete this **** and ban player"


If/When others provide other sources of verification (must have documented proof even when some things are just take common sense) Fanboys won't want it known, got to love delete the truth and ban the messenger mindset ROFLMAO.

Eve isn't going to end anytime soon, quite likely it will drag on for a few years with the crap releases, corporate hype and Fanfest keggers. Some of us are trying to point out the problems to keep Eve a quality game. I have personally played MMO's that lost touch with their player base, one in particular that exceeds Eve in age of product produced by a major producer. The game is worthless now but still chugging along as "Free to Play" when it was for a long time $30 per expansion and approx $20 a month and worth it.

Players are consumers of a product and service we are entitled to call CCP out on it when even with their claims to want our feedback and having groups like CSM advising them and they short change us on quality, features and content.

For instance one of the most common 'complaint / excuse' from the Devs is about the POS code. Seriously any other software publisher would fork the code in their source management system detach the core from the interface and refactor it or in worse case instances rewrite entire chunks with a dedicated team.

Sadly CCP seems so wrapped up in its own hype that it will take them a huge hit before they get past the Colledge Kid mentality. Personally I have been raising hell about the two most recent expansion and DUST514 debacles not because I'm a hater or unable to face changes if they are really improvements. I have been raising hell because I have enjoyed playing Eve even with the aggravation of senseless ganking, trolls, scams, and griefers.

edit:
The glassdoor site cited is a review site for people interested in applying for a company in question, after reading the reviews and paying attention to the dates they where made I'd put them at above average in creditability and agree with OP's conclusion


Question. Who exactly elected you to speak for them?

Jenn aSide's law #4 The guy who perpetually mentions "the player base" as if he's some kind of elected representative is really an anti-social solo type who couldn't organize a family picnic and has no business pretending to speak for other people.
Xylorn Hasher
Caldari Provisions
Caldari State
#33 - 2014-09-02 12:13:59 UTC
RubyPorto wrote:
Xylorn Hasher wrote:
It's for 2013, now we have 09.2014 silly.

Actual one is here:
http://web.ccpgamescdn.com/ccpgames/assets/ccp-6-manada-uppgjor-2014-frettatilkynning.pdf

translated: http://www.reddit.com/r/Eve/comments/2er47w/ccp_laying_off_david_reid_closing_san_fran_office/ck25wb4


So you're saying the half percent decrease in income from 2013 is a "huge income dive" then?


The company produced 4.5 million in EBITDA for the first six months year, down from 8.3 million in the same period of 2013.

All my posts are made shortly after Marihuana consumption.
Jenn aSide
Worthless Carebears
The Initiative.
#34 - 2014-09-02 12:14:47 UTC
RubyPorto wrote:
Xylorn Hasher wrote:
It's for 2013, now we have 09.2014 silly.

Actual one is here:
http://web.ccpgamescdn.com/ccpgames/assets/ccp-6-manada-uppgjor-2014-frettatilkynning.pdf

translated: http://www.reddit.com/r/Eve/comments/2er47w/ccp_laying_off_david_reid_closing_san_fran_office/ck25wb4


So you're saying the half percent decrease in income from 2013 is a "huge income dive" then?



Damn it, half a percent! At this rate CCP will be broke in 20 years! Better start training Titan V now just in case.

Big smile
RubyPorto
RubysRhymes
#35 - 2014-09-02 12:15:12 UTC  |  Edited by: RubyPorto
Xylorn Hasher wrote:
RubyPorto wrote:
Xylorn Hasher wrote:
It's for 2013, now we have 09.2014 silly.

Actual one is here:
http://web.ccpgamescdn.com/ccpgames/assets/ccp-6-manada-uppgjor-2014-frettatilkynning.pdf

translated: http://www.reddit.com/r/Eve/comments/2er47w/ccp_laying_off_david_reid_closing_san_fran_office/ck25wb4


So you're saying the half percent decrease in income from 2013 is a "huge income dive" then?


The company produced 4.5 million in EBITDA for the first six months year, down from 8.3 million in the same period of 2013.


And EBITDA is quite different from income, so what's your point?


Jenn aSide wrote:
Damn it, half a percent! At this rate CCP will be broke in 20 years! Better start training Titan V now just in case.

Big smile


*200 years

"It's easy to speak for the silent majority. They rarely object to what you put into their mouths." -Abrazzar "the risk of having your day ruined by other people is the cornerstone with which EVE was built" -CCP Solomon
Jenn aSide
Worthless Carebears
The Initiative.
#36 - 2014-09-02 12:17:08 UTC
Xylorn Hasher wrote:
RubyPorto wrote:
Xylorn Hasher wrote:
It's for 2013, now we have 09.2014 silly.

Actual one is here:
http://web.ccpgamescdn.com/ccpgames/assets/ccp-6-manada-uppgjor-2014-frettatilkynning.pdf

translated: http://www.reddit.com/r/Eve/comments/2er47w/ccp_laying_off_david_reid_closing_san_fran_office/ck25wb4


So you're saying the half percent decrease in income from 2013 is a "huge income dive" then?


The company produced 4.5 million in EBITDA for the first six months year, down from 8.3 million in the same period of 2013.


Jenn aSide's law #135 Before posting something about the EBITDA, look and learn the meaning of the word "amortization " then ask yourself "did the company kill any major products recently"?
Jenn aSide
Worthless Carebears
The Initiative.
#37 - 2014-09-02 12:17:57 UTC
RubyPorto wrote:
Xylorn Hasher wrote:
RubyPorto wrote:
Xylorn Hasher wrote:
It's for 2013, now we have 09.2014 silly.

Actual one is here:
http://web.ccpgamescdn.com/ccpgames/assets/ccp-6-manada-uppgjor-2014-frettatilkynning.pdf

translated: http://www.reddit.com/r/Eve/comments/2er47w/ccp_laying_off_david_reid_closing_san_fran_office/ck25wb4


So you're saying the half percent decrease in income from 2013 is a "huge income dive" then?


The company produced 4.5 million in EBITDA for the first six months year, down from 8.3 million in the same period of 2013.


And EBITDA is quite different from income, so what's your point?


Jenn aSide wrote:
Damn it, half a percent! At this rate CCP will be broke in 20 years! Better start training Titan V now just in case.

Big smile


*200 years


Crap, that's even worse, gonna have to train Titan XX just in case!
Xylorn Hasher
Caldari Provisions
Caldari State
#38 - 2014-09-02 12:19:17 UTC  |  Edited by: Xylorn Hasher
RubyPorto wrote:
Xylorn Hasher wrote:
RubyPorto wrote:
Xylorn Hasher wrote:
It's for 2013, now we have 09.2014 silly.

Actual one is here:
http://web.ccpgamescdn.com/ccpgames/assets/ccp-6-manada-uppgjor-2014-frettatilkynning.pdf

translated: http://www.reddit.com/r/Eve/comments/2er47w/ccp_laying_off_david_reid_closing_san_fran_office/ck25wb4


So you're saying the half percent decrease in income from 2013 is a "huge income dive" then?


The company produced 4.5 million in EBITDA for the first six months year, down from 8.3 million in the same period of 2013.


And EBITDA is quite different from income, so what's your point?


Jenn aSide wrote:
Damn it, half a percent! At this rate CCP will be broke in 20 years! Better start training Titan V now just in case.

Big smile


*200 years


Sigh,

EBITDA is Earnings before Interest, Taxes, Depreciation and Amortization.
To make it simply enough to you to understand CCP earned 54,2% less this year than did last year.
This is without taxes.
Reduce that profit with taxes, employees salary etc and you will see that CCP might be diving.

It's really hard to discuss with people who lacs basic knowledge about economy, taxation etc.
Please dont post if you dont understand information you are reading.
I'm not here to wipe your a*s, or explaining the basics.

All my posts are made shortly after Marihuana consumption.
RubyPorto
RubysRhymes
#39 - 2014-09-02 12:24:58 UTC  |  Edited by: RubyPorto
Xylorn Hasher wrote:
Sigh,

EBITDA is Earnings before Interest, Taxes, Depreciation and Amortization.
To make it simply enough to you to understand CCP earned 54,2% less this year than last year.


Asset write-downs are an above the line expense. Which means they're included in EBITDA calculations.

Did CCP write down any expensive assets this year? I've forgotten. It's that pesky mad cow I picked up. She's so distracting.

EBITDA is still quite different from income.

"It's easy to speak for the silent majority. They rarely object to what you put into their mouths." -Abrazzar "the risk of having your day ruined by other people is the cornerstone with which EVE was built" -CCP Solomon
Jacob Holland
Weyland-Vulcan Industries
#40 - 2014-09-02 12:27:39 UTC
Quote:
...creates an over empowered peanut gallery. Everyone thinks they are an expert in everything and feels entitled to offer their opinion, even when they have insufficient experience, incomplete information...


I'm just going to leave this here...