Simply Treasury

JUNE 3, 2021

The accounting treatment of currency hedging (timing) mismatches remains a major problem that has become more acute in the wake of the health crisis. When payments were in foreign currencies, this may have affected their results because of currency hedging. Delay in FX hedging, accounting treatment.

IFRS 130

IFRS Foreign Exchange Currencies Profit and Loss 130

CFO News Room

JANUARY 20, 2023

The company’s 12 cents earnings per share were below estimates of 45 cents per share, according to Refinitiv, but was largely due to currency impacts on debt. Capital One — Capital One shares gained 5.6%, recovering their losses from the previous session. The Wall Street firm said PagerDuty is poised for a pivot to profitability.

Profit and Loss 130

Profit and Loss Pharmaceutical Manufacturing Forecasting 130

PYMNTS

JUNE 27, 2018

Studies also show that most executives agree their top challenge is market volatility and the struggle to determine when — and how — to hedge currency risk. Corporates should be proactively looking at currency risk,” added Frey. Even if a business only deals in USD, fluctuations of other currencies create risk.

Currencies 53

Currencies Foreign Exchange Risk Management Profit and Loss 53

PYMNTS

AUGUST 29, 2018

The currency decline continues: The Swedish krona fell Wednesday (Aug. The decline comes amid political uncertainty in that Nordic country, the prospect of a widening trade war that could hurt it and increasing attention to the benefits of currency hedging among commerce and payments businesses. Such lows were last seen in 2009.

Currencies 46

Currencies Foreign Exchange Profit and Loss Banking 46

Global Finance

OCTOBER 11, 2024

trillion in extended credit and new capital for its consumer and institutional clients while moving $10 trillion in over 120 currencies daily. In a letter to UK Chancellor of the Exchequer Jeremy Hunt, the leaders of 180 tech companies said, “The loss of deposits has the potential to cripple the sector and send the ecosystem back 20 years.

Banking 111

Banking Foreign Exchange Profit and Loss Finance 111

PYMNTS

OCTOBER 26, 2017

The company wants to raise up to $500 million through sales of the new digital currency. Medici reported a loss of $3.3 It’s going to be a loss until it takes off,” said short-seller Marc Cohodes , undeterred by Medici’s current unprofitability. million during Q2, $400,000 more than Q2 2016.

Profit and Loss 76

Profit and Loss Currencies Retail Technology 76

Future CFO

JANUARY 2, 2024

The company reported a post-tax profit of RM1.146 billion for the fourth quarter of 2022, its best-ever quarter performance in the past two decades, according to its group chief financial officer Boo Hui Yee. billion at the end of December 2022, and the full-year net loss after interest and tax dropped 79% to RM344 million from RM1.65

Restructuring 98

Restructuring Profit and Loss Transportation Currencies 98

PYMNTS

SEPTEMBER 23, 2016

Growing impatient waiting for their ETF fund to be listed and to boost bitcoin trading, the cofounders of the Gemini Trust Company, a digital currency exchange based in the U.S., are introducing a daily bitcoin auction so that the currency can be traded any time. dollars, but this is expected to expand to more currencies later.

Profit and Loss 77

Profit and Loss Currencies eCommerce Securities 77

PYMNTS

DECEMBER 13, 2018

In a recent interview with PYMNTS, Western Union Senior Currency Strategist Nawaz Ali spoke about the tension of currency hedging that companies endure today, with many firms taking a “one-off” approach to hedging. trade war with China, for example.

Foreign Exchange 62

Foreign Exchange Currencies Profit and Loss Finance 62

The Finance Weekly

OCTOBER 29, 2024

If the income statement shows a profit, it boosts the equity on the balance sheet. A loss decreases equity. This data might include: Financial Information - Past revenue, expenses, profits, and cash flow. Managing risks from currency changes, interest rates, or commodity prices. Making smart investment choices.

Financial Modeling 52

Financial Modeling Mergers and Acquisitions (M&A) Budgeting Forecasting 52

Musings on Markets

AUGUST 15, 2023

I was reminded of that paper a few weeks ago, when Fitch downgraded the US, from AAA to AA+, a relatively minor shift, but one with significant psychological consequences for investors in the largest economy in the world, whose currency still dominates global transactions.

Investments 98

Investments Currencies Treasury Hurdle Rate 98

PYMNTS

SEPTEMBER 30, 2020

Securities and Exchange Commission (SEC) claims that a Florida digital currency trader purportedly bilked customers out of $6.8 The agency claimed that the defendant scammed investors between January 2018 and January 2019 as he purported to never finish a trading day with losses. million, CoinDesk reported.

Profit and Loss 60

Profit and Loss Currencies Securities Retail 60

PYMNTS

OCTOBER 9, 2019

Today’s payment news roundup includes a look at more fears and concerns around Libra, the spreading losses related to Uber and WeWork, fresh PYMNTS research on subscription commerce and churn and a new tool that enables small and medium-sized business (SMB) operators to access their funds instantly via digital and mobile channels.

Profit and Loss 58

Profit and Loss B2C Currencies Investments 58

PYMNTS

FEBRUARY 6, 2020

The ride-hailing giant, extending its platform model into adjacent businesses such as freight and food delivery, is aiming to deliver a profit earlier than might have been anticipated — as in, the end of this year. billion, up more than 70 percent, as measured in constant currency. For Uber , black ink on the road ahead?

Sales 72

Sales Profit and Loss GAAP Transportation 72

PYMNTS

DECEMBER 1, 2020

The promoters gave victims access to a supposed online AirBit Club portal that displayed false profits. We might see certain economies crashing and local currencies plummeting, which would make Bitcoin theft a lot more attractive,” the cybersecurity provider noted in its forecast. Dos Santos was arrested in Panama City on Aug.

Banking 80

Banking Profit and Loss Forecasting Currencies 80

PYMNTS

MARCH 26, 2019

For many firms, these trends are forcing the introduction of an FX strategy on a company for the very first time, and when corporate treasurers aren’t prepared, they can run into complications beyond the cost of currency exchange. A recent controversy at American Express highlighted that risk for SMBs.

Foreign Exchange 69

Foreign Exchange Currencies Cash Management Profit and Loss 69

PYMNTS

OCTOBER 13, 2019

Launched five years ago, Revolut has almost 8 million customers, offering digital financial services through a mobile application including digital debit accounts, currency exchange, budgeting and person-to-person (P2P) payments. But despite its growth, the company has not turned a profit. banking licence.

Profit and Loss 65

Profit and Loss Budgeting Currencies Securities 65

Centage

AUGUST 29, 2022

The end result is improved forecasting when it comes to revenue, profitability, and cash flow. In fact, companies often suffer financial losses as a result of poor project planning. By identifying and evaluating all your business drivers, you can create the strongest scenario model for your organization.

Planning 98

Planning Forecasting Profit and Loss Budgeting 98

Musings on Markets

SEPTEMBER 5, 2024

Macro news : While macroeconomic news (about the economy, inflation or currency exchange rates) cuts across the market, in terms of impact, some companies are more exposed to macroeconomic factors than others, and analysts will have to revisit earnings estimates in light of new information.

Marketing 133

Marketing Valuation Profit and Loss Forecasting 133

PYMNTS

JULY 2, 2019

The cryptocurrency’s loss means it pulled down the value of other premium coins with it, and none of them showed any rises at all. Value in bitcoin and other digital currencies surged recently after the announcement of Facebook’s Libra, a stablecoin tied to real currency. On June 26, the coin hit a value of $13,756.

Profit and Loss 49

Profit and Loss Currencies Investments Numbers 49

PYMNTS

JUNE 19, 2020

FDIC: US Banks See Chargebacks Soar, Profits Tank Due To Pandemic. Bank profits in the United States took a 69.6 The profits just hit $18.5 billion as the COVID-19 health crisis keep making lenders write off debt and stash billions to prevent losses at a later time. percent hit for Q1 compared to the same period in 2019.

Profit and Loss 60

Profit and Loss Prioritization B2B Manufacturing 60

PYMNTS

APRIL 6, 2016

The new platform, announced on Tuesday (April 5), sees corporate treasurers able to access and trade foreign currency over Banking Circle, which connects payers and banks. Saxo added in its release that it will also support payments using the currencies traded over the new solution.

Foreign Exchange 40

Foreign Exchange Profit and Loss Currencies Treasury 40

Musings on Markets

JULY 17, 2023

In US dollar terms, Latin America was flat in the first half of 2023, though there were a couple of Latin American markets that delivered stellar returns in local currency terms, albeit with high inflation eating away at these returns. US Equities in 2023: Into the Weeds! trillion in the first six months of 2023, 97.2%

Marketing 98

Marketing Treasury Currencies Valuation 98

The Finance Weekly

AUGUST 26, 2023

, Enterprise Risk Management (ERM) , refers to the systematic procedure of strategizing, arranging, supervising, and managing an , organization's activities with the aim of reducing the negative impacts of risks on its financial resources and profits. The amplified interest in ERM is being driven by external factors.

Risk Management 52

Risk Management Profit and Loss Currencies Compliance 52

PYMNTS

AUGUST 15, 2019

The Internal Revenue Service has issued another warning to cryptocurrency investors with federal returns that don’t match the information received from virtual currency exchanges. The IRS is expanding efforts involving virtual currency, including increased use of data analytics,” said IRS Commissioner Chuck Rettig.

Profit and Loss 46

Profit and Loss Currencies Accounting B2B 46

PYMNTS

APRIL 7, 2016

Despite reporting quarterly losses, it seems H&M is bent on getting bigger. The Sweden-based fast-fashion mega firm claims that currency headwinds pushed their profitability losses to the 30 percent range in Q1, and that undaunted they will continue to aggressively forge forward in opening online and physical stores.

Planning 40

Planning Profit and Loss Prioritization eCommerce 40

Musings on Markets

JANUARY 5, 2024

Valuation Pricing Growth & Reinvestment Profitability Risk Multiple s 1. Profit Margins 1. The other is the presence of multiple currencies, with companies in different countries reporting their financials in different currencies. Historical Growth in Revenues & Earnings 1. Costs of equity & capital 1.

Valuation 105

Valuation Financial Analysis Analyzing Data Profit and Loss 105

PYMNTS

JANUARY 12, 2020

Thus, while many are skeptical that these compelling rates can be maintained, the introductory deal illustrates the competitive level for Hong Kong’s “$410 billion local currency time-deposit business.” percent to new customers for two-month deposits of Hong Kong dollars. taking deposits, issuing loans, etc.),

Profit and Loss 52

Profit and Loss Banking Currencies Planning 52

VCFO

DECEMBER 10, 2021

What does that do to your profitability? Many companies run with less than a 10% profit to start with. a currency) over time. When the percentage is moving up and to the right over time, that indicates that a unit of currency effectively buys less than it did in prior periods. Why Do Currencies Depreciate?

Currencies 55

Currencies Profit and Loss Foreign Exchange Math 55

CFO News Room

DECEMBER 23, 2022

In October 2022, the International Monetary Fund warned that inflation — combined with central banks’ interest rate hikes designed to fight it — could threaten the entire global economy, a good reason to understand what causes inflation and how to manage this gradual loss of purchasing power. . What is inflation?

Profit and Loss 130

Profit and Loss Banking Forecasting Prioritization 130

PYMNTS

MAY 29, 2018

The WSJ pointed to a report from The Office of the Comptroller of the Currency (OCC), which referred to an easing of commercial loan standards as a leading risk to the industry. The worst loans are often made in the best of times,” Comptroller of the Currency Joseph Otting warned in the report.

Banking 40

Banking Profit and Loss Currencies Numbers 40

CFO News Room

JANUARY 17, 2023

Neither index is particularly representative, and currency effects contaminate both, but they tell the story of devastation in the two markets. In fact, since trading has been suspended on both indices, the extent of the damage is probably understated. Flight to Safety and Collectibles. Economic Consequences.

Economics 130

Economics Valuation Treasury Forecasting 130

PYMNTS

JUNE 20, 2016

But market conditions have also made it more difficult than ever to understand how much money a firm has, where it is, who it’s going to and what form of currency it’s in. Digital currencies, cybercrime and complexities of the accounts payable process combine into a mountain of challenges for corporate financial chiefs.

Accounts Payable 41

Accounts Payable Currencies Invoicing Profit and Loss 41

PYMNTS

MAY 4, 2016

The malicious software is known to have infected over 1 million computers globally and caused tens of millions of dollars in losses since it was first distributed in 2007. Kuzmin not only was responsible for developing Gozi but also created “innovative means of distributing and profiting from it,” the statement said.

Banking 40

Banking Profit and Loss Currencies Leverage 40

CFO News Room

JANUARY 12, 2023

For others, it can be the portion of their capital with the longest time horizon (pension fund savings or 401Ks, if you are a young investor, for example), where they believe that any losses on risk capital can be made up over time. moving towards zero, increasing the costs of staying on the sidelines.

Investments 130

Investments Profit and Loss Marketing Numbers 130

PYMNTS

JUNE 26, 2020

The headlines about Nike’s Q4 earnings announcement focused on what would be a staggering loss at any other time. Nike reported a loss of $790 million during the period ended May 31, compared with net income of $989 million for the same quarter in 2019. Second, Greater China has returned to currency-neutral growth.

Profit and Loss 52

Profit and Loss Construction Investments Sales 52

PYMNTS

OCTOBER 4, 2017

Rewards as currency might be among the best ways to enhance shopping, boost consumer loyalty and give some flexibility in what – and why – people buy. The expectation of rewards is that “this is the ultimate coveted currency. I expect that currency to be flexible and meaningful and to reward me.”. If done right.

Profit and Loss 41

Profit and Loss Currencies eCommerce Technology 41