GREY:CHALF - Post by User
Post by
TheCanadianDudeon Jan 18, 2022 12:35pm
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Post# 34329029
Serious issues with management & lack of profitability
Serious issues with management & lack of profitabilityThe Problem with Chalice Management strategy is the LACK OF PROFITABILITY:
To be successful and remain in business, both profitability and growth are important and necessary for a company to survive and remain attractive to investors and analysts. Profitability is, of course, critical to a company's existence, but growth is crucial to long-term survival.
Lack of profitability at Chalice can result in business Failure
(-22% in Q3 and -37% in Q2)
A company's net (NOT GROSS) profit is the revenue after all the expenses related to the manufacture, production, and selling of products are deducted. Profit is "money in the bank." It goes directly to the owners of a company or shareholders, or it is reinvested in the company. Profit, for any company, is the primary goal, and with a company that does not initially have investors or financing, profit may be the corporation’s only capital