Earth to Kris: focus on revenue! We loved: Rev Q3: $18.7m, Rev...

  1. 2,477 Posts.
    lightbulb Created with Sketch. 217
    Earth to Kris: focus on revenue!

    We loved: Rev Q3: $18.7m, Rev Q4 $37.3m doubled through acquisition of Living Social by raising $30m at $0.45. We hate: Rev Q4 $37.3m Rev Q1 $37.7m

    You reduced staff costs $600k last quarter and no one cared. Leave cost cutting to the accountants at Private Equity after the buy out.

    If Revenue this quarter doesn't grow at least 20% to $44m you'll just be another ho hum retail story like Myer (MYR) who just announced: Q1 FY2015 total sales up 0.1% to $691.6 million. Q1 FY2015 comparable sales +0.7%.

    Look at the charts and see that the market is already judging you on where they think you'll be in 6 to 12 months:

    upload_2014-11-21_5-48-12.png

    The board know this story like the back of their hands. What's going on here.




 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.