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Moncler posts Q1 FY20 revenues of €310 million




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Aaron’s Q1 FY20 revenue grows 8.8% to $1.10 bn




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How the New Revenue Recognition Standard Will Impact Manufacturers

The new revenue recognition standard includes important provisions that manufacturers need to be aware of. Effective 1/1/2019 for private companies with calendar year ends, the new standards will change the way manufacturing companies recognize revenue.
Variable Consideration
Manufacturing companies will… Read More

The post How the New Revenue Recognition Standard Will Impact Manufacturers appeared first on Anders CPAs.



  • Audit and Advisory
  • Manufacturing and Distribution
  • revenue recognition
  • revenue recognition standard

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Indian FY21 footwear revenues to dip by 10-15%: ICRA




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EA reaped $5.5 billion in revenue last year, most of which came from digital dealings

EA credits its live game portfolio for an overall strong year, with COO and CFO Blake Jorgensen saying this latest report "[proves] the value of the live services path we†™ve been on." ...




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Activision Blizzard raises full year outlooks as Q1 revenue beats expectations

Activision Blizzard had a solid Q1, so much so that the company has raised its forecasts for the full year as a result. ...




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Zynga reports $104M loss for Q1 despite record-setting revenues

Zynga reports a big loss in Q1 despite "historic" revenues, in part because it has to pay out millions in contingency payments to recent acquisitions whose games have been strong performers. ...




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Optimize the Revenue Cycle to Increase Profit without Adding Patients

Some health care organizations believe that increasing the number of patients walking through the doors is the surest way to see an increase in revenue. While this is one way of increasing profit, there are several actions your organization can… Read More

The post Optimize the Revenue Cycle to Increase Profit without Adding Patients appeared first on Anders CPAs.




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GST collections fall below Rs 1 lakh cr-mark, March revenues stand at Rs 97,597 cr

GST collections fall below Rs 1 lakh cr-mark, March revenues stand at Rs 97,597 cr





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IndiGo Q3 profit jumps 168% to Rs 496 crore; revenue rises 26%

IndiGo Q3 profit jumps 168% to Rs 496 crore; revenue rises 26%





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Tech Mahindra Q4 results: Profit falls 29% YoY to Rs 804 crore; revenue rises 7%

Tech Mahindra Q4 results: Profit falls 29% YoY to Rs 804 crore; revenue rises 7%





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See a historic brownstone row house on Summit Avenue

Home is in same row as F. Scott Fitzgerald's former home




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User guide for HCR Estimator 2.0: software to calculate cost and revenue thresholds for harvesting small-diameter ponderosa pine

The HCR (Harvest Cost-Revenue) Estimator is engineering and financial analysis software used to evaluate stand-level financial thresholds for harvesting smalldiameter ponderosa pine (Pinus ponderosa Dougl. ex Laws.) in the Southwest United States. The Windows-based program helps contractors and planners to identify costs associated with tree selection, residual handling, transportation of raw materials, and equipment used. Costs are compared against total financial return for regionally based market opportunities to arrive at potential net profit. Information is used to identify per-acre cost thresholds, for contract appraisal, and for prioritizing project planning for wildfire fuel reduction treatments and forest restoration efforts.




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Bell Media Parent BCE Inc. Revenues, Earnings Down For First Quarter

BCE INC., parent of CANADA's BELL MEDIA, saw its overall consolidated operating revenues slip 0.9% year-to-year to C$5.68 billion in first quarter 2020, attributed to the COVID-19 … more




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TEGNA First Quarter Revenues, Income Rise

TEGNA INC. first quarter total company revenue rose 32% year-to-year to $684 million, boosted by station acquisitions, subscription revenue, and politcal advertising; without political, … more




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Entravision Sees Revenues, Income Dip For First Quarter 2020

ENTRAVISION COMMUNICATIONS CORP. first quarter 2020 revenues dipped 1% to $64.249 million, blamed on the effects of the pandemic, an 8% decline for the company's digital operations, and a … more




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Scripps First Quarter Revenues Rise But Pandemic's Effects Begin To Have An Impact

The E.W. SCRIPPS COMPANY's first quarter revenues jumped 48% year-to-year to $431 million, boosted by the addition of 8 TV stations spun off from the NEXSTAR acquisition of TRIBUNE MEDIA … more




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Univision First Quarter Radio Revenues Flat

UNIVISION COMMUNICATIONS INC. first quarter 2020 overall revenue from continuing operations rose 8% year-to-year to $660.4 million, with income falling from $36.9 million to $11.7 million, … more




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Saga First Quarter Revenues Down, Income Up, But May, June Ad Revenue Hit Hard By Pandemic

SAGA COMMUNICATIONS first quarter net revenue fell year-to-year from $27.8 million to $26.1 million but net income rose from $1.4 million to $1.7 million for the quarter. Gross political … more




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Pandemic Hits Live Nation Revenue, Income In First Quarter 2020

The concert promotion and ticketing business came to a screeching halt for LIVE NATION ENTERTAINMENT in mid-MARCH with the COVID-19 pandemic stopping all live concert action, and first … more




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WMG Reports Q2 Total Revenue Down 1.7%

WARNER MUSIC GROUP has released its second-quarter financial results for the period ended MARCH 31, 2020. “We had a tough comparison with an especially strong Q2 in 2019, so I’m … more




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iHeartMedia Revenue, Income Fall In First Quarter As Pandemic Hits

iHEARTMEDIA's revenue performance sharply declined once the pandemic hit in MARCH, the company said in reporting its first quarter 2020 financial results. Revenue fell 1.9% year-over-year … more




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Belfast venue continuing to support most vulnerable despite uncertain future

As part of our #InThisTogether campaign, we're highlighting the work of businesses and creatives in Northern Ireland during this difficult time




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Global Recorded Music Industry Revenues Grow Again Topping $20 Billion Last Year

The INTERNATIONAL FEDERATION OF THE PHONOGRAPHIC INDUSTRY's (IFPI) "Global Music Report 2020" states the global recorded music industry generated $20.2 billion in wholesale … more




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7 Best WordPress Membership Plugins to Generate Recurring Revenue

Do you want to turn your WordPress blog into a membership site? Businesses around the globe use this model to sell their physical products or offer exclusive digital content, and many of them are super successful. CopyBlogger, a site with content marketing lessons, offers premium courses to members and they’re currently an eight-figure business. Meanwhile, the owner of the razor […]




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As Spokane's music venues go dark, owners and artists look with hope and caution toward an uncertain future

When it comes to the music scene in the midst of the coronavirus pandemic, the math is pretty simple: No shows equals no revenue.…




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Crowd funding boosts iconic live music venue amid coronavirus cancellations

GENEROUS music lovers have secured the immediate future of an iconic Southampton music venue after a desperate plea for help over coronavirus cancellations.




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Echo editor lunches at luxurious No Man's Fort in the Solent - probably the world's most fascinating venue and hotel

The band played, the flags waved, and the beef was served. It was all very British.




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Food Fight: Is Westquay's food and drink extension killing Southampton's independent venues?

IT’S one of the biggest food and leisure developments in Europe, touted as new focal point for Southampton’s social scene but could it eat up all the opposition around it?




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WISD Expecting Decreased Revenue

The Washtenaw Intermediate School District expects to receive less state revenue sharing this year as a result of COVID-19.






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With 45 pc of national intake, southern states draw 10-15 pc revenue from liquor: Report

The five southern states of Andhra Pradesh, Telangana, Tamil Nadu, Karnataka and Kerala together consume as much as 45 per cent of all liquor sold in the country, the report by Crisil said. While Tamil Nadu and Kerala top the list in revenue percentage terms at 15 per cent each, for Kerala the tax on liquor is its single largest revenue source.




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Retailers eye revenue-share pact at malls

Around 75 retailers that operate 200 brands have written a letter to mall owners, seen by TOI, stating that revenue-share percentage should be a flat percentage depending on the category of stores. They suggested, for instance, revenue-sharing percentage for vanilla brands should be 10-12%, including common area maintenance (CAM), while for fast food brands and large format lifestyle stores, it should be 7-8%.




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FirstCry parent's revenue rises to Rs 239 crore in FY17

The total revenue was Rs 239 crore for the period, a jump from Rs 173 crore the year before.




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JSW Paints aims at Rs 2,000 crore revenue over three years

The Sajjan Jindal-led JSW group’s JSW Paints entered the highly competitive paints industry in India with an initial investment of Rs 600 crore.




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With 45 pc of national intake, southern states draw 10-15 pc revenue from liquor: Report

The five southern states of Andhra Pradesh, Telangana, Tamil Nadu, Karnataka and Kerala together consume as much as 45 per cent of all liquor sold in the country, the report by Crisil said. While Tamil Nadu and Kerala top the list in revenue percentage terms at 15 per cent each, for Kerala the tax on liquor is its single largest revenue source.




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Indian footwear sector revenues to drop by 10-15% in FY21: ICRA

The pandemic is also likely to catalyse the shift to e-commerce.




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Smaller town push to help Titan hit 15-20% revenue growth

Jewellery remains the main business of the company, generating most of its operating profit (EBIT). It added 34 jewellery stores in the first nine months and plans to add another 16 by the end of the fiscal taking the total store count to 337.




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Gamaya eyes $15 million revenue with Ramayana-inspired game

The game, which has been launched in India and the US, is available for Rs 6,249 on its portal and Amazon.in.




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Eyeing Rs 2k cr in revenue, Kurl-on says partnership with IKEA will prove beneficial

"Some part of Kurl-on's business did get cannibalized with the opening of IKEA's first store in Hyderabad, but it is not a cause of worry," Sudhakar Pai, Chairman and MD, Kurl-on says.




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Diamond polishing industry staring at a decade low revenue : Crisil

Assuming the pandemic starts subsiding by June and trade channels normalise over the next quarter, CRISIL expects a revival in demand to be pushed into the second half of the fiscal.




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Music Venue Trust says lockdown impact could be 'catastrophic' to Glasgow music venues

Small music venues across the city could be among some of the hardest hit businesses due to the coronavirus crisis, a charity has said.




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WEBSITE: Identify your venue or festival as a livestreamer at Jazz Near You

As part of All About Jazz’s commitment to support livestream events, we wanted to identify the venues that present them—that includes clubs, festivals, home concert presenters, schools and studios. We began the process by seeding the directory here...




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Revenue Quality & Leverage

The coronavirus issue is likely to linger for some time.

Up to 70% of Germany could become infected & some countries like the UK are even considering herd immunity as a strategy:

"I’m an epidemiologist. When I heard about Britain’s ‘herd immunity’ coronavirus plan, I thought it was satire"
- William Hanage

What if their models are broken?

Many companies like WeWork or Oyo have been fast and loose chasing growth while slower growing companies have been levering up to fund share buybacks. Airlines spent 96% of free cash flow on share buybacks. The airlines seek a $50 billion bailout package.

There are knock-on effects from Boeing to TripAdvisor to Google all the way down to travel affiliate blogger, local restaurants closing, the over-levered bus company going through bankruptcy & bondholders eating a loss on the debt.

Companies are going to let a lot of skeletons out of the closet as literally anything and everything bad gets attributed to coronavirus. Layoffs, renegotiating contracts, pausing ad budgets, renegotiating debts, requesting bailouts, etc. The Philippine stock market was recently trading at 2012 levels & closed indefinitely.

Brad Geddes mentioned advertisers have been aggressively pulling PPC budgets over the past week: “If you have to leave the house to engage in the service, it just seems like it’s not converting right now.”

During the prior recession Google repriced employee options to retain talent.

In spite of consumers being glued to the news, tier one news publishers are anticipating large ad revenue declines:

Some of the largest advertisers, including Procter & Gamble Unilever, Apple, Microsoft, Danone, AB InBev, Burberry and Aston Martin, made cuts to sales forecasts for the year. With the outlook for the spread of the virus changing by day, many companies are caught in a spiral of uncertainty. That tends to gum up decisions, and ad spending is an easy expenditure to put on pause. The New York Times has warned that it expects advertising revenue to decline “in the mid-teens” in the current quarter as a result of coronavirus.

More time online might mean search engines & social networks capture a greater share of overall ad spend, but if large swaths of the economy do not convert & how people live changes for an extended period of time it will take time for the new categories to create the economic engines replacing the old out-of-favor categories.

[IMPORTANT: insert affiliate ad for cruise vacations here]

As Google sees advertisers pause ad budgets Google will get more aggressive with keeping users on their site & displacing organic click flows with additional ad clicks on the remaining advertisers.

When Google or Facebook see a 5% or 10% pullback other industry players might see a 30% to 50% decline as the industry pulls back broadly, focuses more resources on the core, and the big attention merchants offset their losses by clamping down on other players.

At its peak TripAdvisor was valued at about $14 billion & it is now valued at about $2 billion.

TripAdvisor announced layoffs. As did Expedia. As did Booking.com. As did many hotels. And airlines. etc. etc. etc.

I am not suggesting people should be fearful or dominated by negative emotions. Rather one should live as though many other will be living that way.

In times of elevated uncertainty, in business it is best to not be led by emotions unless they are positive ones. Spend a bit more time playing if you can afford to & work more on things you love.

Right now we might be living through the flu pandemic of 1918 and the Great Depression of 1929 while having constant access to social media updates. And that's awful.

Consume less but deeper. Less Twitter, less news, fewer big decisions, read more books.

It is better to be more pragmatic & logic-based in determining opportunity cost & the best strategy to use than to be led by extreme fear.

  • If you have sustainable high-margin revenue treasure it.
  • If you have low-margin revenue it might quickly turn into negative margin revenues unless something changes quickly.
  • If you have low-margin revenue which is sustainable but under-performed less stable high-margin revenues you might want to put a bit more effort into those sorts of projects as they are more likely to endure.

On a positive note, we might soon get a huge wave of innovation...

"Take the Great Depression. Economist Alexander Field writes that “the years 1929–1941 were, in the aggregate, the most technologically progressive of any comparable period in U.S. economic history.” Productivity growth was twice as fast in the 1930s as it was in the decade prior. The 1920s were the era of leisure because people could afford to relax. The 1930s were the era of frantic problem solving because people had no other choice. The Great Depression brought unimaginable financial pain. It also brought us supermarkets, microwaves, sunscreen, jets, rockets, electron microscopes, magnetic recording, nylon, photocopying, teflon, helicopters, color TV, plexiglass, commercial aviation, most forms of plastic, synthetic rubber, laundromats, and countless other discoveries."

The prior recession led to trends like Groupon. The McJobs recovery led to services like Uber & DoorDash. Food delivery has been trending south recently, though perhaps the stay-at-home economy will give it a boost.

I have been amazed at how fast affiliates moved with pushing N95 face masks online over the past couple months. Seeing how fast that stuff spun up really increases the perceived value of any sustainable high-margin businesses.

Amazon.com is hiring another 100,000 warehouse workers as people shop from home. Amazon banned new face masks and hand sanitizer listings. One guy had to donate around 18,000 cleaning products he couldn't sell.

I could see online education becoming far more popular as people aim to retrain while stuck at home.

What sorts of new industries will current & new technologies lead to as more people spend time working from home?




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Seattle-area cultural organizations projected to lose up to $135 million in revenue because of coronavirus


ArtsFund on Monday announced new projections about pandemic-related losses in regional arts, cultural and scientific nonprofits, as well as its first round of coronavirus-related relief grants.




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Unofficial numbers show $7 billion hit to Washington state revenue through 2023 from coronavirus downturn


In the unofficial forecast numbers, Washington would lose $3.8 billion in revenue this current budget cycle. An additional $3.27 billion would be sheared off the 2021-23 budget cycle.




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Seattle-area cultural organizations projected to lose up to $135 million in revenue because of coronavirus


ArtsFund on Monday announced new projections about pandemic-related losses in regional arts, cultural and scientific nonprofits, as well as its first round of coronavirus-related relief grants.




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Seattle-area cultural organizations projected to lose up to $135 million in revenue because of coronavirus


ArtsFund on Monday announced new projections about pandemic-related losses in regional arts, cultural and scientific nonprofits, as well as its first round of coronavirus-related relief grants.




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Lawns are the new wedding venue in the age of coronavirus


NEW YORK (AP) — Love in the age of coronavirus sometimes requires a lawn. Couples with dashed wedding plans due to lockdown restrictions have been tying the knot on those tidy green spreads instead, including at least one loaner. Danielle Cartaxo and Ryan Cignarella were supposed to get married in West Orange, New Jersey, on […]