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  4. Rocky Mountain High Brands, Inc. (RMHB) Message Board

.. Revenue from goods sold = units sold * unit pri

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Post# of 75385
Posted On: 10/26/2015 11:04:50 AM
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Posted By: Pecanzington
Re: Crawford 04 #11507
.. Revenue from goods sold = units sold * unit price. I listed my assumptions and said that units would be sold at a haircut to distributors (obviously, they have to make their money too). But under the assumption I listed that sales would be made at retail price, my revenue calculation was right. I wasn't factoring in overhead, I didn't make reductions for swell allowances, etc.. This wasn't a gross profit or net income calculation. The number was just to show growth and maximum potential revenue. It was intended to be a very basic figure. I'll be sure to revisit figures once I have audited financials to work from, Damodaran haha.

There is a lot we can't calculate on a company that's this young, and without audited financials. That will come.


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