4 ms·

Is 1X revenue good?

• rexreed 4y ago
  Depends which direction that revenue is going. Anyways multiples of profit is a better measure if the business is making money. After all you could have a multi-billion dollar company tomorrow selling gas for $1/gallon. but you'd also be losing $3-4 for every $1 you make. A pretty good analogy for many tech companies.
• lotsofpulp 4y ago
  No. It is a sign that profits and profit margins are low and not expected to grow much anytime soon. https://www.macrotrends.net/stocks/charts/IRBT/irobot/net-profit-margin https://www.macrotrends.net/stocks/charts/IRBT/irobot/net-pr... https://www.macrotrends.net/stocks/charts/IRBT/irobot/net-income https://www.macrotrends.net/stocks/charts/IRBT/irobot/net-in...