Tu Classic

EP4 | Before judging the artists’ value, can we talk about the company’s finances? Previously, our dear Miss Lavender explained why BYS couldn’t move forward. Business reasons, apparently. This time, let’s hear from the financials. MM’s 2025 results, in plain English: For every ฿100 it brought in, it ended up losing ฿57 after costs and expenses. After a whole year of management’s tireless efforts, MM lost roughly ฿2.24M. Its book equity went from about ฿800K to NEGATIVE ฿1.44M. Its assets on paper were worth less than its liabilities. To be clear: this is MM’s report card, NOT SP’s. These accounts don’t show SP’s revenue or costs separately. They cannot tell us whether SP made a profit. So before anyone hands the artists the blame, let’s keep management’s results under management’s name. These problems were already there in 2025. In 2026, based on the public records we’ve put together, SP have had just four FMs and three brand events. No magazine, little sustained exposure, and their show only started airing in November. BYS still hasn’t started filming. SP were expected to prove their commercial value. What promotion and follow-through did MM provide to help them do that? There’s been plenty of music content, much of it made with a company shareholder’s involvement. Using existing resources makes sense. But what a shareholder knows best isn’t automatically what the artists need most. Posting covers isn’t a complete career plan. If artists have to prove their value, management should have to show how its strategy helps them grow. What else has MM done? Well, it signed six newcomers. New artists deserve a chance. But with existing projects still stalled and the 2025 finances looking like this, where are the money and resources for a bigger roster coming from? How will MM keep its promises to everyone? Apparently, artists’ potential isn’t enough to justify investment. Company expansion, though? Vibes will do. That brings us to “going concern.” Fancy term, simple question: can the company keep itself running? And beyond that, can it fund the projects it promises? This doesn’t prove MM is about to go under. Last year’s accounts aren’t today’s bank balance. But asking what changed is pretty reasonable. Did things improve in 2026? Is there fresh funding, new business, or more time to repay debts? Will those arrangements actually get projects filmed? Fans keep hearing, “Give the artists time.” What is the company doing with that time? The question isn’t whether SP can make money. It’s whether MM has the funding—and the management—to properly support the artists it signs. Artists have to prove their commercial value. Fans have to prove their spending power. When does the company prove it can deliver?#motionmindsentertainment