Gross Revenue Puns

Link: https://store.steampowered.com/sale/BestOf2021?tab=2

I'd say this bolsters the chances even more of Mass Effect 4 definitely being released AND taken seriously by EA as a premier franchise (in terms of resources and time given development), especially with rumblings of a Television series being rumored... It's going to be a long wait.

[Edit] Made aware in the comments that the order the titles appear in the link is random, it's no longer showing as Number 2 for me, still ME:LE achieved Top 12 in sales for new releases, in a year when everyone was hungry for new games to play, I'll take it.

I am wondering what would be the consequences if the tax system was changed to have a single, progressive tax on gross income/revenue for both individuals and companies replacing any income and corporate taxes (but not taxes that exist to steer behavior, like taxes on tobacco or carbon etc).

(So: no deductions at all, you just look at the total income/revenue made in a year and apply a progressive tax table, the same for individuals and companies.)

Would this not make taxation a lot more transparent and essentially remove the ability to minimize taxes by artificially optimizing book profits?

Or would there be other consequences that I am overlooking?

Thank you, Clic

Just curious but for those who started at zero and built a tax firm - how long did it take you to get to 200k+ in gross revenues? Was the growth all organic thru referrals? TIA for responses.

Even 5% of store revenue at my location split evenly among employees would more than double our pay, while making such a small dent in corporate profits. It would be enough for us afford rent on our own, bring us to a bare living wage. I propose that as one of the demands, 5% gross store revenue daily, split equally among the employees working that day, with the ability to negotiate the percentage yearly.

Revenue is up 75.4% yoy but more importantly 15.2% qoq. That’s what now the 4th or 5th Er in a row with qoq over 15 % growth. And somehow this trades a a p/e of 8.4 with a forward p/e of 4.5. Yet crazy enough the short % has grown significantly (leading to a 35% drop since last quarters awesome Er) which blows my mind for a company this successful. Many of the shorts expected significant revenue contraction and instead himx continues to blow the doors out. This is probably your last chance to get in at a great entry. Stock is only up 2% pre market (imo it will close the day much higher than that) and the more pressure we put on the shorts the more likely it will squeeze.

This is growing over 118% YOY and Gross Margin is improving by each passing day and delivered record 24.4k cars. Do I need to say more? This will be back to green tomorrow, may even hit $45 or more. Shorts don’t understand one thing, shorting success is not a winning strategy. Short term supply issues are chips is irrelevant as those will be resolved by next year. This will be delivering over 50k cars next year each quarter. Only EV car manufacturer that is on heels of Tesla, and is only 1-2 years behind. No doubt this is a must have stock in one’s portfolio.

The transaction will immediately add significant revenues and earnings to OEG. For the calendar year 2020, FLP’s audited results include gross revenues of approximately $58.8 million. Acquiring Front Line moves OEG into a cash flow & EBITDA positive position for 2022, with expected revenues approaching $325,000,000 and EBITDA of 10% or more.

Approximately 90% of FLP’s revenues are under multi-year master service agreements with electric utility and telecommunication customers. FLP’s excellent track record of safely executing projects for customers has resulted in a revenue compound annual growth rate (CAGR) and EBITDA growth of more than 20% over the last four years.

https://sec.report/Document/1108967/000143774921027302/ex_309880.htm

I'm looking at some small businesses on sale at bizbuysell and I'm trying to understand how to compare the purchase price with its revenue, ebidta etc?

Are there any rules of thumb to gauge at a quick glance if a small business is worth purchasing and understanding if it's overvalued, undervalued etc?

$AMC. 🦍 🚀 🌚 💎 🙌 🏦 🍾

Good morning!

We filed an amended return that moved our COGS to general expenses. This is how our returns should have been anyway, but we also did it in the hopes of filing a reconsideration for a slightly higher loan amount.

I just want to double check that there is not some further opportunity for increasing our loan amount, correct? I've seen mention of adding back owner's salary, etc, but I believe that is just for improving your cash flow for Ability to Repay calculations.

So... Is there anything we can do to increase our loan amount further? Thanks!

This metric probably shouldn't impact where you choose to attend, but it's interesting nonetheless.

Edit: Answer will be posted at 12pm ET.

View Poll

You can find the full news release at https://pro.ceo.ca/@nasdaq/pyrogenesis-announces-q3-2021-resultsrevenues-93mm

MONTREAL, Nov. 15, 2021 (GLOBE NEWSWIRE) -- PyroGenesis Canada Inc. (http://pyrogenesis.com) (NASDAQ: PYR) (TSX: PYR) (FRA: 8PY), a high-tech Company (hereinafter referred to as the “Company” or “PyroGenesis”), that designs, develops, manufactures and commercializes advanced plasma processes and sustainable solutions to reduce greenhouse gases (“GHG”), is pleased to announce today its financial and operational results for the third quarter ended September 30, 2021.

“We are proud to announce our Q3 2021 financials which now include the results of our recent acquisition, Pyro Green-Gas, (formerly known as AirScience Technologies Inc.). Revenues for the quarter are a historic $9.3MM as compared to $8.1MM in Q3 2020. Of note, this is the fifth quarter in a row that PyroGenesis has posted more revenues for the quarter than full year 2019 revenues. It is also the third consecutive quarter of increased revenues compared to the previous quarter. This represents the successful execution on our strategy, the processing on our backlog of signed contracts as well as the benefit from our recent acquisition,” said Mr. P. Peter Pascali, CEO and Chair of PyroGenesis. “This has resulted in a gross margin of 43.5% and net income from operations of $623K.  Backlog from signed and/or awarded contracts is at a historically high level of $44.9MM which, given recent margins, bodes well for the near term. We fully expect this trend to continue.”

Q3 2021 results reflect the following highlights:

• Revenues of $9,317,926, an increase of 14% from $8,149,427 in Q3 2020,
• Revenues of $3,712,000 from the recent acquisition of Pyro Green-Gas,
• Entering the Renewable Natural Gas market via acquisition, and establishing a presence in India and Italy,
• Third consecutive quarter of revenue growth, $6,264,503, $8,280,572 & $9,317,926,
• Gross margin profit of $4,052,531 or 43.5% of revenue,
• Net income and comprehensive income of $623,664,
• EBITDA of $968,667 and Adjusted EBITDA of $1,641,861 for Q3, 2021,
• Cash and cash equivalents at September 30, 2021 of $15,781,528 (December 31, 2020 - $18,104,899),
• Backlog of signed and/or awarded contracts of $44.9MM,

OUTLOOK

PyroGenesis continues to be well positioned, with a clean balance sheet and

Xpeng gains 3.55% in the US pre-market on November 23.

On November 23, XPeng Inc. (NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, announced its unaudited financial results for the three months ended September 30, 2021.

Operational Highlights

• Deliveries of vehicles were 25,666 in the third quarter of 2021, setting a new quarterly record and representing an increase of 199.2% from 8,578 in the corresponding period of 2020 and an increase of 47.5% from 17,398 in the second quarter of 2021.
• Deliveries of the P7 were 19,731 in the third quarter of 2021, reaching a record quarterly high and representing an increase of 71.2% from 11,522 in the second quarter of 2021.

• Among the total P7s delivered in the third quarter of 2021, 99% can support XPILOT 2.5 or XPILOT 3.0.
• XPeng’s physical sales network consisted of a total of 271 stores, covering 95 cities as of September 30, 2021.
• XPeng-branded super charging stations expanded to 439, covering 121 cities as of September 30, 2021.

Financial Highlights

• Total revenues were RMB5,719.9 million (US$887.7 million) for the third quarter of 2021, representing an increase of 187.4% from the same period of 2020, and an increase of 52.1% from the second quarter of 2021.
• Revenues from vehicle sales were RMB5,460.1 million (US$847.4 million)for the third quarter of 2021, representing an increase of 187.7% from the same period of 2020, and an increase of 52.3% from the second quarter of 2021.
• Gross margin was 14.4% for the third quarter of 2021, compared with 4.6% for the same period of 2020 and 11.9% for the second quarter of 2021.
• Net loss was RMB1,594.8 million (US$247.5 million) for the third quarter of 2021, compared with RMB1,148.8 million for the same period of 2020 and RMB1,194.6 million for the second quarter of 2021. Excluding share-based compensation expenses and fair value change on derivative liabilities related to the redemption right of preferred shares, non-GAAP net loss was RMB1,492.1 million (US$231.6 million) in the third quarter of 2021, compared with RMB864.9 million for the same period of 2020 and RMB1,096.4 million for the second quarter of 2021.

The management commentary and businesses outlook can be read here: https://bit.ly/30TTN1y

Revenue Accountant/Sr. Accountant

Sorrento needs another Accountant to count all the future money?

Let's read and see what this Revenue Accountant/Sr. Accountant will do...

WHAT WE ARE LOOKING FOR:

Sorrento Therapeutics (“Sorrento”) is seeking an experienced Revenue Accountant who will be responsible for accounting for revenues across all entities under Sorrento, in compliance with ASC 606 revenue recognition guidance. The position will be responsible for calculating and maintaining accounting support for Gross-to-Net Sales and Contract Adjustments, oversee insurance billings and collections, oversee accounting for deferred revenue and other revenue streams, and participate in technical accounting of revenue-related transactions. The ideal candidate demonstrate a strong understanding of the US Managed Markets landscape, healthcare pricing and contracting, insurance billing and collections analytical thinking, accounting acumen and attention to detail.

WHAT YOU’LL DO:

Maintain Gross-to-Net Sales revenue recognition models for existing products (ZTlido), in close coordination with Commercial Operations and Market Access teams.
Develop Gross-to-Net Sales revenue recognition models for future products and distribution channels, engaging external consultants as needed for complex pricing and distribution channels.
Lead Gross-to-Net forecast processes and analyze, explain and summarize gross to net variances by channel and segment.
Provide inputs to Gross-to-Net model based on changes in pricing, contracts and contract strategy, and payer strategies and business models.
Prepare calculations for insurance contract adjustments for revenue recognition entries
Keep abreast with latest revenue accounting guidance (e.g. ASC 606) and ensure compliance.
Assist Financial Planning and Analysis in preparing for revenue budgets and forecasts.
Serve as subject matter expert on key drivers of gross-to-net through analysis of data sources, healthcare payer understanding and engagement with internal and external stakeholders
Analyze pricing and contracting scenarios using the Gross-to-Net model.
Develop and cultivate cross-functional relationships to help business understand revenue drivers and support decision making process to improve profitability.
Other projects/duties as necessary

https://sorrentotherapeutics.bamboohr.com/jobs/view.php?id=380

BTW in the las

What would the gross revenue of the US government look like if it got rid of all taxes and replaced them with a single 80%-100% land value tax? How does that hypothetical number compare to the current number?

My understanding is that the government's gross revenue would be anywhere from somewhat higher than it is now to substantially higher than it is now due to ATCOR and increased economic productivity, but I would love to see some numbers.

Himx earnings beat - eps revenue and gross margin all reach all time highs

Revenue is up 75.4% yoy but more importantly 15.2% qoq. That’s what now the 4th or 5th Er in a row with qoq over 15 % growth. And somehow this trades a a p/e of 8.4 with a forward p/e of 4.5. Yet crazy enough the short % has grown significantly (leading to a 35% drop since last quarters awesome Er) which blows my mind for a company this successful. Many of the shorts expected significant revenue contraction and instead himx continues to blow the doors out. This is probably your last chance to get in at a great entry. Stock is only up 3.5% pre market (imo it will close the day much higher than that) and the more pressure we put on the shorts the more likely it will squeeze.