Is "profit" based on uncollected revenue (accounts
Post# of 17653
Posted On: 11/26/2014 8:26:07 AM
Is "profit" based on uncollected revenue (accounts receivable) actually profit or is it just potential profit? Especially if the uncollected revenue is far greater than the "profit".
Follow up that "profit" reflecting Q with a net loss reflecting Q and you can clearly see the reason for concern.
Maybe McHenry will pull a Thanksgiving rabbit out of his hat and get a big payment from the overdue client, but even if he does that won't change the net loss of the last Quarterly.
All eyes are going to be watching this next quarterly to see if DUTV is in profit and also if the accounts receivables have decreased enough to make those profits accessible.
A company showing months of continued revenue growth AND profits will fair much better with investors in my humble opinion.
Follow up that "profit" reflecting Q with a net loss reflecting Q and you can clearly see the reason for concern.
Maybe McHenry will pull a Thanksgiving rabbit out of his hat and get a big payment from the overdue client, but even if he does that won't change the net loss of the last Quarterly.
All eyes are going to be watching this next quarterly to see if DUTV is in profit and also if the accounts receivables have decreased enough to make those profits accessible.
A company showing months of continued revenue growth AND profits will fair much better with investors in my humble opinion.
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