So let's have a look at what's going on in a little more detail. The revenue both regions continues to increase, with firms in the EU extracting a lot more sales than their Chinese counterparts.
However, the situation is reversed when we look at the profit for each of the regions. But we shouldn't be fooled by the performance of the EU in this regard; they've incurred bigger costs from their two takeovers (versus China's sole takeover).
One consequence of this is that the margins that each firm has generated (and particularly for RHO Inc, Jack It Up, and PsiclePath) are rather skewed.
|European Union||Rackk City Bikes||$2,317,151||$70,210,974||3%|
|European Union||Munchy Bikes||$1,668,911||$26,597,628||6%|
|China||Wheelin N Dealin||$1,335,836||$34,218,900||4%|
|European Union||Jack It Up||$888,753||$42,177,030||2%|
|China||Wheelie Cool Bikes||-$888,722||$19,993,533||-4%|
Looking at the performance of PeakPerformanceBros, PsiclePath are probably concerned that subsidiary isn't returning enough (yet) to cover the interest on any loans they took out; but time is on their side.
Sigma and Sugma are likely to be smiling with the margins they are generating. That rivalry is like to run and run.
Whilst we might expect Pedal and Wheelie Cool Bikes to still be in turnaround mode, it's a surprise to see E.N.T.E.R.T.A.I.N. drifting into a loss.
In the middle of the pack, Rack City Bikes, Munchy Bikes, and Wheelin N Dealin may be relieved not to be part of the flurry of takeover activity.
Out of interest I took the revenue of each of the firms that are owned and added it to their parents to see what their combined revenue looks like. And here it is:
|European Union||Rackk City Bikes||$70,210,974|
|European Union||Jack It Up||$69,083,194|
|China||Wheelin N Dealin||$34,218,900|
|European Union||Munchy Bikes||$26,597,628|
It's be interesting to see how, in the coming years, that translates into SHV.