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If you want me to take you seriously talking about revenue, don't show me half a balance sheet.
by stocktech 9y ago
If you want me to take you seriously talking about revenue, don't show me half a balance sheet.
- mintplant 9y agoLinks to the audited financial statements are available at the bottom of https://www.mozilla.org/en-US/foundation/annualreport/2016/ https://www.mozilla.org/en-US/foundation/annualreport/2016/
- pc2g4d 9y agoNB: The chart further down is in _thousands_ of dollars!
- slededit 9y agoI think the point is they should have shown a cash flow statement.
- rahimnathwani 9y agoYou don't need a cash flow statement to show revenue. And if the cash flow statement is prepared using the indirect method (start with net profit, and adjust non-cash items) it may not even show revenue at all.
- slededit 9y agoYou don't, but it works a hell of a lot better than a subset of a balance sheet at a single point in time.
- rahimnathwani 9y agoProbably, but sometimes both will be equally useless.
- boomboomsubban 9y agoWhy isn't a consolidated cash flow statement enough?
- mediaman 9y agoMozilla has $500mm in assets, most of which is fairly liquid, and less than $70mm in debt. Furthermore, they increased net assets by about a third in one year, and they cleared $160mm in profit from their $520mm in revenue. They are in a very good financial position.