as you can see, many people don’t even understand where SG’s money has actually gone. they think costs can just be cut here and there, but most of the day to day operations are already done for free and voluntarily.
i hope people use common sense discussing this. SG has monthly expenses: office rent, accounting fees, TYEL and YEL contributions, internet and electricity. on top of this, unnecessary costs like penalties(*) can add up suprisingly quickly.
SG, according to them, actually lost a significant amount of money when they assumed and applied a 10% VAT rate to license fees — but the tax authority later said that was incorrect, and that they must use 24% (now 25.5%).
i don’t want to speculate too much on whether SG has had to make retroactive payments for VAT increase, since I’m not an economist. however, as JakkePlay77 mentioned earlier, it’s concerning that we don’t have any public financial statements for 2023 or 2024. this raises major questions about the company’s profitability and sustainability since it is already 2025 Q4 without public data from 2023 .
(*)from what I understand, they received a 1,200 € penalty from the tax authority for the missing public financial statements 6.10.2025 -> couple of days later they announce ECL will be played. ok.