PYMNTS

SEPTEMBER 21, 2020

Lime wants to be the first micro-mobility company to be profitable for the full year as of 2021. Ellis said COVID-19 has “fundamentally changed the profitability model of our business.”. Ellis said everything is on the table because it’s all relevant to Lime’s future profitability picture and ultimate corporate destination.

Profit and Loss 108

Profit and Loss CFO Transportation Numbers 108

PYMNTS

FEBRUARY 26, 2020

Klarna, a Swedish FinTech that allows customers to pay for items through installments, has posted its first annual loss after years of being profitable, according to a report by CNBC. . The company reported a loss of $113 million ( 1.1 This is the first time the company has had a loss since it was founded 15 years ago.

Profit and Loss 52

Profit and Loss Finance Startups Retail 52

PYMNTS

MARCH 26, 2020

Hotel chain Oyo , which became one of the largest chains by offering hotel owners guaranteed revenues for carrying the brand, will phase out that incentive in a push to find profitability, according to a report by The Wall Street Journal. The company is based in India and backed by investment giant SoftBank Group.

Profit and Loss 60

Profit and Loss Investments Numbers 60

PYMNTS

JULY 28, 2020

bank profits are at double the risk for loan losses than their European counterparts, according to the Financial Times on Tuesday (July 28). According to consultants with Accenture , European banks are already preparing to follow American ones in massive second-quarter loan loss reporting related to the pandemic. Swiss and E.U.

Profit and Loss 60

Profit and Loss Banking Numbers Accounting 60

CFO News Room

NOVEMBER 4, 2022

Check out the companies making the biggest moves midday: Starbucks — The Seattle-based coffee company jumped nearly 9% after reporting quarterly profit and revenue that topped expectations. Block — Shares jumped 10% after the mobile payments company surpassed profit and sales expectations in its third-quarter results.

Profit and Loss 130

Profit and Loss Forecasting Economics Sales 130

PYMNTS

JUNE 23, 2020

The number of small U.S. companies not turning a profit has reached an unfortunate historic high due to the coronavirus pandemic, the Financial Times reports. The Russell 2000 index shows 42 percent of small-caps are either just breaking even or operating a loss. Nicholas Bohnsack , president of U.S. percent from normal.

Profit and Loss 70

Profit and Loss Healthcare Numbers Securities 70

Barry Ritholtz

OCTOBER 7, 2024

In a nutshell, the usual suspects’ heads exploded well before the legislation even took effect, claiming it would lead to widespread devastation in the fast food space: job losses, restaurant closures, extreme price hikes, etc. Its numbers are fake. It began with some shoddy reporting at the Wall St. These effects are benign.

Profit and Loss 113

Profit and Loss Forecasting Economics Numbers 113

PYMNTS

AUGUST 3, 2020

HSBC, Europe’s biggest bank, has seen its profits plunge in the first six months of 2020, squeezed by low interest rates and the COVD-19 pandemic, The Telegraph reported. billion, six times the number of defaulted loans last year as layoffs have hurt customers’ ability to repay debt. Pre-tax profits fell to $4.3

Profit and Loss 56

Profit and Loss Banking Securities Investments 56

CFO News Room

JANUARY 8, 2023

Bed Bath & Beyond — The retailer dropped 12.4%, building on the sharp losses seen Thursday, after management said the company is low on cash and considering bankruptcy. Silvergate Capital – The crypto-focused bank added to its Thursday losses following a downgrade from JPMorgan to neutral from overweight.

Entertainment 130

Entertainment Profit and Loss Sales Retail 130

Barry Ritholtz

DECEMBER 11, 2023

billion in retail inventory losses in 2021 was not “attributable to organized retail crime.” retailers retracted its claim that “organized retail crime” accounted for nearly half of all inventory losses in 2021 after finding that incorrect data was used for its analysis.” No, “ nearly half ” of $94.5

Retail 141

Retail Profit and Loss Forecasting Accounting 141

Global Finance

AUGUST 13, 2024

The bank’s profit is determined beforehand and the selling price cannot be increased once the contract is signed. Mudarabah or profit share: An investment in which the bank provides 100% of the capital intended for the creation of a business. The customer acquires the item at the end of the lease contract. That was before COVID 19.

Finance 95

Finance Profit and Loss Banking Investments 95

PYMNTS

JULY 2, 2020

Bezos noted that the added costs for the eCommerce giant will likely equal the amount of money Amazon would have expected to have earned profits in typical times.

Retail 52

Retail eCommerce Finance Sales 52

PYMNTS

FEBRUARY 15, 2019

In the run-up to its IPO later this year, Uber put up a mixed bag in terms of numbers for the last quarter of 2018. But revenue growth clocked in at only 2 percent between Q3 and Q4 — leading some investors to question the ridesharing firm’s future prospects for profitability in the future. By the numbers, Uber brought in $11.3

Profit and Loss 53

Profit and Loss Leadership Numbers Finance 53

PYMNTS

OCTOBER 2, 2018

The Journal article quotes any number of industry observers ringing cautionary bells. The average return of profitless IPOs was 36 percent through last week, said the Journal , better than the 32 percent for those with profits. The parent firm, SVMK, has never turned a profit. From dot com to … kingdom come, in short order.

Profit and Loss 59

Profit and Loss Marketing Sales Numbers 59

PYMNTS

AUGUST 14, 2017

As of the end of Q2, the numbers aren’t quite what the long-suffering retail chain was hoping to see. Same-store sales and earnings both clocked in under analyst estimates, and net losses grew to $62 million, or 20 cents per share, from the $56 million, or 18 cents per share, reported in the same time frame last year. billion.

Profit and Loss 51

Profit and Loss Forecasting Sales Numbers 51

PYMNTS

JANUARY 23, 2020

The real estate company has also been gradually selling off shares in its side ventures as it tries to maximize its profits. WeWork’s minority stake in The Wing was sold to a number of entities acting as a consortium, including GV, the venture arm of Alphabet, and other venture firms, Sequoia Capital and New Enterprise Associates.

Profit and Loss 52

Profit and Loss Startups Education Sales 52

Centage

DECEMBER 12, 2023

When it comes to analyzing a company’s financial health, one of the most important documents to look at is the consolidated profit and loss statement (often called a P&L, P and L, or P&L statement). What is a consolidated P&L statement? A consolidated income statement is essentially a consolidated P&L.

Profit and Loss 52

Profit and Loss Budgeting Forecasting Financial Reporting 52

CFO Thought Leader

OCTOBER 29, 2024

The company operated two businesses: one generating about $30 million in EBITDA, while the other incurred annual losses of roughly $10 million. Gronen proposed a strategy to merge the two operations, consolidating efforts to increase profitability. Our AI tools help identify suspicious activities, reducing the risk of financial loss.

Mergers and Acquisitions (M&A) 52

Mergers and Acquisitions (M&A) CFO Finance Profit and Loss 52

PYMNTS

FEBRUARY 25, 2020

As Uber aims to stem losses from its Eats business in places where there is no indication that it will turn into a number one or two player, the executive leading the Eats business of Uber is departing the firm. Securities and Exchange Commission filing. percent business stake. Zomato was valued at $3.55

Profit and Loss 40

Profit and Loss Securities Investments Numbers 40

PYMNTS

NOVEMBER 5, 2019

Profits, yes – on the horizon, according to management. In terms of headline numbers, Uber ’s third-quarter numbers beat analyst estimates. And looking at the bottom line, the net loss of $1.1 The total net loss came in at 68 cents a share, better, in fact, than the 81 cents a share loss expected by the Street.

Profit and Loss 40

Profit and Loss Leadership CFO Leverage 40

PYMNTS

AUGUST 12, 2020

Both firms have been hit hard by COVID-19 and have seen their ridership numbers plummet as a result. Rides would be more expensive, which would significantly reduce the number of rides people could take and, in turn, the number of drivers needed to provide those trips. What happens now? Uber would not be as widely available.”.

Numbers 88

Numbers 88

PYMNTS

MAY 24, 2018

Uber, the ride-hailing company, plans to pour its profits into expanding its products and investing in technology in emerging markets. BGR , citing an email penned by Uber CEO Dara Khosrowshahi, reported the company will reinvest profits in emerging markets, including India, so it can beef up Uber Eats and JUMP.

Profit and Loss 40

Profit and Loss Marketing Planning Valuation 40

Adam Kae

NOVEMBER 17, 2023

However, there's one area where a surprisingly large number of agency owners fall short - managing their own finances. There are three fundamental financial statements that should be at the core of your financial management strategy: the cash flow statement, the profit and loss statement, and the balance sheet.

Finance 52

Finance Profit and Loss Banking Prioritization 52

CFO News Room

DECEMBER 24, 2022

A new merchandising leader undertook a review of brand profitability and saw that the company was actually losing money on its La Perla sales. The company debated whether it was worth carrying a brand that consistently created losses. What do these two examples have in common? What is a Customer-Base Audit?

Profit and Loss 130

Profit and Loss Auditing Planning Sales 130

Musings on Markets

NOVEMBER 1, 2023

First, when you see significant disagreements about what Tesla is worth, those differences come from divergent stories, not disagreements about numbers. I profited mightily on that investment, but I sold too soon , when Tesla's market capitalization hit $150 billion, and just before COVID put the company on a new price orbit.

Valuation 116

Valuation Profit and Loss Numbers Sales 116

CFO News Room

JANUARY 27, 2023

Intel — The chipmaker saw its shares drop nearly 7% after its latest financial results missed analysts’ estimates and showed significant declines in the company’s sales, profit and gross margin. The company also forecasted a loss for the current quarter.

Profit and Loss 130

Profit and Loss Forecasting Manufacturing Marketing 130

Global Finance

OCTOBER 14, 2024

Numbers-wise, the regional impact and cost are in line with such events elsewhere on the planet. According to the World Economic Forum, globally reported economic losses attributed to climate and water extremes reached $1.48 C by 2100, the world will suffer less than an 8% loss of GDP to disasters and climate change.

Profit and Loss 104

Profit and Loss Economics Risk Analysis Construction 104

CFO Share

NOVEMBER 18, 2023

Poor Cost Accounting: The Misleading Numbers Game Mistake : Ignoring your cost accounting. Have you found yourself surprised at net losses despite bringing on new, highly profitable customers? This will give you a clearer picture of your profitability and guide better business decisions.

Accounting 52

Accounting Profit and Loss Financial Data Compliance 52

CFO Simplified

AUGUST 14, 2022

It will take a number of months to show them that you’ve changed the way you’re working with them and that things are going to be better going forward. You don’t want to be showing a large profit one month and a large loss the next month—even if over a period of time that balances itself out.

Banking 98

Banking Profit and Loss Financial Reporting CFO 98

PYMNTS

MARCH 2, 2016

Until last year, it seemed like there was no ceiling the Chinese economy couldn’t simply break through, but as the country’s long-term economic crisis continues, some retailers are seeing their previously impenetrable profit margins dissolving into dust. JD.com announced a loss of 7.63 JD.com announced a loss of 7.63

Sales 40

Sales Profit and Loss CFO Economics 40

PYMNTS

MAY 1, 2017

Take a look at how enterprise cloud adoption, continued use of checks and other factors are swaying the numbers for these companies. But net losses were up for the rim to $6.6 Core net income was also down, while GAAP net loss per share hit $0.17, compared to $0.11 million — compared to $4.2 during the same period a year prior.

SAP 40

SAP Numbers B2C Profit and Loss 40

PYMNTS

AUGUST 30, 2020

With profits and margins at all-time lows, the U.S. Profits, the report found, were around $18 billion across both the first two quarters this year — a massive downward trend from the near $55 billion from 2019. The biggest banks put away around $33 billion in anticipation of loan losses , including J.P. percent a year prior.

Profit and Loss 82

Profit and Loss Banking Numbers Risk Management 82

PYMNTS

FEBRUARY 26, 2018

Here are the numbers: 1.8 billion | Number of adults in the world who do not have bank accounts and may not have government-issued IDs but do have mobile phones. billion | Profits posted by the Royal Bank of Scotland (RBS) in 2017, despite the ongoing fallout from its Global Restructuring Group scandal. billion loss.

Accounts Payable 40

Accounts Payable Accounting Profit and Loss Restructuring 40

PYMNTS

NOVEMBER 6, 2019

The firm went public in 2014 and had just managed its first quarter of profitability in early 2016 when scandal rocked the business and it found itself without its found CEO, facing a lot of investor doubt and being investigated by the DoJ. million, a very big improvement from the roughly $7 million loss reported at this time last year.

Profit and Loss 40

Profit and Loss Banking Economics Numbers 40

CFO News Room

JANUARY 7, 2023

after it reported solid sales numbers for December. Silvergate Capital — Shares of the crypto-focused bank fell 2.6%, adding to its 42% loss from the previous day. R1 RCM — Shares of the health-care technology firm soared 10.2% after the company raised its revenue outlook for 2023. Costco posted net sales of $23.8

Entertainment 130

Entertainment Profit and Loss Valuation Manufacturing 130

Michigan CFO

SEPTEMBER 28, 2021

Each time we review a financial statement with our clients, they inevitably turn right to the Profit and Loss Statement (P&L, or Income Statement) and look to the “bottom line”. The business could have generated cash through profits, collection of accounts receivable, selling of assets (inventory) to name a few.

Profit and Loss 52

Profit and Loss Accounts Payable CFO Investments 52

CFO Talks

NOVEMBER 20, 2024

Missing a deadline isn’t just embarrassing; it can lead to penalties, delisting threats, or a loss of investor confidence. How do you explain to investors why your profits appear strong in one currency but less so in another? Lessons for CFOs Being a CFO for a cross-listed company is about more than just numbers; it’s about strategy.

IFRS 52

IFRS GAAP Currencies CFO 52