its an issue of "i put the money back into my pockets until i crashed the market hard enough to buy back the shares extremely cheap until i can sell them off and scam even more customers"
Maybe. There's a working exchange. There's traffic on it. I've bought and sold shares there many times, and paid the percentage fee each time. I'm assuming that the listings are paying their fees as well. We don't have a breakdown for revenue, but if I sat down with a spreadsheet I could probably come up with a pretty good guess.
What we don't know is what the expenses are. That's a big problem.
The whole point of a report is so that investors can make informed decisions. I find this extremely disrespectful to the shareholders.