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The revenue for one quarter seems high. Did they carry over some sales from the past or is there something it drawing from future quarters? Edit: Congratz!
by hydroreadsstuff 8y ago
The revenue for one quarter seems high.
Did they carry over some sales from the past or is there something it drawing from future quarters?
Edit: Congratz!
- samfisher83 8y agoWell You can't count future sales as revenue. To recognize revenue you have to deliver the product. Here are the things from wikipedia: Risks and rewards have been transferred from the seller to the buyer The seller has no control over the goods sold Collection of payment is reasonably assured The amount of revenue can be reasonably measured Costs of earning the revenue can be reasonably measured
- hydro2 8y agoI see, thanks. So you could delay deliveries. They claim to remain profitable next quarter. Which is a good sign. I just couldn’t help noticing. I also don’t see an expected revenue for next quarter. Crossing my fingers for them.