Want to understand financial statements? Watch this video to see a line-by-line walkthrough of why crypto miner Riot is a destroyer of shareholder capital.
- 00:00 Introduction
- 00:30 Overview of Riot Platforms
- 00:48 Income statement analysis
- 06:01 Cash flow statement analysis
- 08:32 Balance sheet analysis
- 10:26 Takeaways for an investor
- 11:20 Financial health of the business
- 12:09 How this investment could work
- 13:03 Reading financial statements to pick stocks