Eagle-eyed member Glenn Conroy picked up this in the IGN half-year report. Tony agrees that it means IGN has a qualified audit and is therefore removed from our scorecard. Tony says:

“It looks like a qualified audit to me.

It’s a bit wishy washy in that the auditors have drawn attention to Note 2 in the financials that basically says, management thinks that if everything goes according to plan then the company continues as a going concern.”

The fact that it’s even an issue to me is a red flag as rarely does everything go to plan (or anything).”

What? A free weekly investing newsletter? Oh yes please.

Every Monday we publish a newsletter with updates on our podcast and portfolio activity. Sign up now to get your copy completely free!