Podcasts about Net income

Segun Lawson, President and CEO of Thor Explorations (TSX.V: THX) (AIM: THX) (OTC: THXPF), joins us for a review of Q1 2025 operations and financials from its Segilola Gold mine, located in Nigeria, and for the Company's ongoing exploration and development programs in Nigeria, Senegal and Cote D'Ivoire.    Q1 2025 Financial Highlights   22,750 ounces ("oz") of gold sold (Q1 2024: 17,420 oz) with an average gold price of US$2,720 per oz (Q1 2024: US$2,033). Cash operating cost of US$711 per oz sold (Q1 2024: US$418) and all-in sustaining cost ("AISC") of US$950 per oz sold (Q1 2024: US$632). Revenue of US$64.0 million (Q1 2024: US$33.3 million). EBITDA of US$43.6 million (Q1 2024: US$23.2 million). A quarterly record Net Income of US$34.4 million (Q1 2024: US$12.4 million). Net Cash of US$24.7 million (Q1 2024: Net debt of US$14.3 million). Maiden quarterly dividend of C$0.0125 per share per quarter (C$0.05 per year)   This strong financial balance sheet with no debt is allowing the Company to increase exploration initiatives at all projects.   In Nigeria, there is ongoing near-mine exploration focused on testing depth extensions of the Segilola deposit, with a diamond drilling program targeting the continuity of high-grade shoots down-plunge to the south. Early results confirm mineralization below the current final pit design. Drilling returned encouraging high-grade intercepts both north and south of the existing resource, indicating the potential for extensions and new target areas beyond the current limits of the Segilola resource. Regional exploration efforts concentrated on geochemical sampling targeting structurally complex zones within the Ilesha Schist Belt identified through geological modelling as prospective for gold mineralization.   In Senegal, at the Douta Gold Project, workstreams in support of a Preliminary Feasibility Study ("PFS") were advanced during 2024 on the metallurgical test work, process flow sheets and resource update.  Exploration work focused on  at depth between the main Makosa resource base along the 6km strike from Makosa Tail to the northern extent of the deposit, with RC drilling targeting increased oxide resource definition at the parallel Makosa East Prospect. The discovery of the Baraka 3 Prospect in Douta West has had positive implications to the Douta PFS, but has delayed the delivery of this study as a result. This 3km of strike length of very wide near-surface oxide gold mineralization could be very import to the early economics in a development scenario of this Project, and thus the Baraka 3 drilling has been accelerated.   Wrapping up we discuss the exploration prospectivity over the 3 different exploration projects in Côte d'Ivoire: The Guitry Gold Project and two additional option agreements to acquire an 80% interest in the early-stage Boundiali Exploration permit and the Marahui Exploration permit. At these project the company is assessing target-generative geochemical surveys and sampling and mapping, with drilling planned for after rainy season in Q3 2025.     If you have any questions for Segun regarding Thor Explorations, then please email them into us at Fleck@kereport.com or at Shad@kereport.com.   *In full disclosure, Shad is a shareholder of Thor Explorations at the time of this interview.   Click here to follow the latest news from Thor Explorations

Akiba Leisman, President and CEO of Mako Mining (TSX.V:MKO – OTCQX:MAKOF), joins us to review the Q1 financial and operations results from the San Albino Mine in Nicaragua, along with some ongoing residual leaching during the period from the recently acquired Moss Mine in Arizona.  We also unpack the anticipated mining to begin at the Moss Mine later this month in June, and what to anticipate for the several months of ramp up of increased production.  Additionally, we delve into the next key steps for derisking and development work at the Eagle Mountain Gold Project in Guyana to be in production there about 2 years out.   This is a longer-format interview where we get into many nuances of operations in all 3 jurisdictions.   The Company's financial results for Q1 2025 reflect record gold sales from its San Albino and Moss Mine of $31.8 million (vs. $19.2 million in Q1 2024), which generated $19.9 million in Mine Operating Cash Flow, $16.1 million in Adjusted EBITDA, and $9.4 million in Net Income. The Company sold 10,817 oz of gold at an average price of $2,915/oz with a $1,239 Cash Cost and $1,411 All-In Sustaining Cost ("AISC") ($/oz sold). Subsequent to March 31, 2025 Mako delivered the final installment of 13,500 oz of silver on the Sailfish Silver Loan.     Q2 2025 (through May 31st) - Mako Mining Financial Highlights   $25.1 million in Revenue from 7,409 oz of gold at $3,327/oz and 13,529 oz of silver at $33.03/oz $22.0 million in Cash and Receivables and $3.3 million in Restricted Cash (50% will become unrestricted in June 2025)   There is also a substantial exploration program underway all around the San Albino Project in Nicaragua, around the San Albino Mine, as the Las Conchitas concessions, and of particular interest at the El Golfo concessions. Drill hole EJ25-RC53 at El Golfo intersected a wide, high-grade interval of 39.15 g/t Au and 27.8 g/t Ag over 8.0 m (5.9 m ETW), 19.2 m below surface.    Akiba points out that the Moss mine has been producing gold the last few month through residual leaching at its beneficiation facilities, but their team is going to start mining again starting at the end of June, and then it will take several months for new materials moved onto the leach pads to charge up increased production again. A technical report is slated to be put out later in the year around September, after a few months of ramping up mining and assessing the resources in place. When the Moss Mine has been debottlenecked over time from a mining and permitting perspective and is producing at the grade and rate they believe is possible,  it could almost double their current production profile with approximately another 40,000 ounces of gold production per year out of Arizona.   Mako is also currently derisking their Eagle Mountain project in Guyana, and working on the next key deliverable of an agreement between the government and local stakeholders, and doing all the background environmental and engineering work to being the process for their EIA permit.  Once it is received back and a construction decision is made, there will be roughly a 1 year build, and then production is slated for Q2 of 2027 at an estimated 65,000 ounces per year.  When this added to the production out of Nicaragua and Arizona there is clear line of sight to growing into a mid-tier gold producer.     If you have any further questions for Akiba regarding Mako Mining, then please email them into us at either Fleck@kereport.com or  Shad@kereport.com.     In full disclosure, Shad is a shareholder of Mako Mining at the time of this recording and may choose to buy or sell more shares at any time.   Click here for a summary of the recent news out of Mako Mining.

Akiba Leisman, President and CEO of Mako Mining (TSX.V:MKO – OTCQX:MAKOF), joins me to review the Q4 and full-year 2024 financial metrics and Q1 operations results from the San Albino Mine in Nicaragua, along with some residual leaching from the recently acquired Moss Mine in Arizona.  We also unpack the anticipated mining to begin at the Moss Mine in late May, and what to anticipate for the several months of ramp up of increased production.  Additionally, we delve into the next key steps for derisking and development work at the Eagle Mountain Gold Project in Guyana to be in production there about 2 years out.   This is a longer-format interview where we get into many nuances of operations in all 3 jurisdictions.    The Company's financial results for Q4 2024 reflect record gold sales of $28.9 million, which generated $14.7 million in Mine Operating Cash Flow (1) (4), and $4.7 million in Net Income after accruing a non-current deferred tax liability of $3.2 million due to greater than expected operating income consuming a greater than expected portion of the Company's deferred tax assets. The Company sold 10,888 oz of gold at an average price of $2,670 per oz with a $1,352 All-In Sustaining Cost ("AISC") ($/oz sold).  Full-year 2024 adjusted EBITDA was US$42.2 million and earnings per share of US$0.27 from 39,001 ounces of gold sold at an average price of US$2,397/oz.   Q1 2025 San Albino Operational Highlights   48,813 tonnes mined, containing 11,495 ounces ("oz") of gold ("Au") at an average grade of 7.32 grams per tonne ("g/t") Au and 12,036 oz of silver ("Ag") at 7.67 g/t Ag 53,551 tonnes milled containing 12,228 oz Au and 12,740 oz Ag grading 7.10 g/t Au and 7.40 g/t Ag.   Q1 2025 Mako Financial Highlights   Mako total gold sales of 10,817 oz Au for total revenue of $31.5 million in Q1 2025 San Albino Mine sales of 9,881 oz at $2,898 per ounce Moss Mine sales of 936 oz Au from residual leaching activities at $2,997 per ounce (this doesn't include 605 oz Au sold in 2025 prior to the acquisition of Moss Mine) Delivered 40,500 oz of silver as part of Sailfish Silver loan for a total of $1.3 million in Q1 2025 Interest payment of $0.3 million to Wexford under the Wexford loan Tax payment of $4.0 million in cash which was already accrued in Q4 2024   Akiba points out that the Moss mine has been producing gold throughout the Bankruptcy Process through its beneficiation facilities, but their team is going to start mining again starting at the end of May and it will take several months to charge up the leach pads once again. When the Moss Mine has been debottlenecked over time and is producing at the grade and rate they believe is possible,  it could almost double their current production profile with approximately another 40,000 ounces of gold production per year in Arizona.    Mako is also currently derisking their Eagle Mountain project in Guyana, and working on the next key deliverable having started the process for their EIA permit.  Once it is received back and a construction decision is made, there will be roughly a 1 year build, and then production is slated for Q2 of 2027 at an estimated 65,000 ounces per year.  When this added to the production out of Nicaragua and Arizona there is a pathway to growing into a mid-tier gold producer.   If you have any further questions for Akiba regarding Mako Mining, then please email me at  Shad@kereport.com.   In full disclosure, Shad is a shareholder of Mako Mining at the time of this recording.   Click here for a summary of the recent news out of Mako Mining.

Newmont released their Q1 numbers last night and reported Net Income of $1.9 billion. New drill results from NGEx, STLLR Gold and Brunswick Exploration. Li-FT Power reported results from preliminary laboratory lithium conversion testwork. District Metals shows positive mineralization from Tomtebo. Western Alaska Minerals to change its name. This episode of Mining Stock Daily is brought to you by... Vizsla Silver is focused on becoming one of the world's largest single-asset silver producers through the exploration and development of the 100% owned Panuco-Copala silver-gold district in Sinaloa, Mexico. The company consolidated this historic district in 2019 and has now completed over 325,000 meters of drilling. The company has the world's largest, undeveloped high-grade silver resource. Learn more at⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠https://vizslasilvercorp.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Calibre Mining is a Canadian-listed, Americas focused, growing mid-tier gold producer with a strong pipeline of development and exploration opportunities across Newfoundland & Labrador in Canada, Nevada and Washington in the USA, and Nicaragua. With a strong balance sheet, a proven management team, strong operating cash flow, accretive development projects and district-scale exploration opportunities Calibre will unlock significant value.⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.calibremining.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Integra is a growing precious metals producer in the Great Basin of the Western United States. Integra is focused on demonstrating profitability and operational excellence at its principal operating asset, the Florida Canyon Mine, located in Nevada. In addition, Integra is committed to advancing its flagship development-stage heap leach projects: the past producing DeLamar Project located in southwestern Idaho, and the Nevada North Project located in western Nevada. Learn more about the business and their high industry standards over at integraresources.com

Tesla CEO Elon Musk says he will be dedicating more time to the electric vehicle company starting from next month, after the firm published disappointing first-quarter results. The US carmaker has suffered from political blowback because of Musk's involvement with the Trump administration, as well as intense competition globally. Also in this edition, the International Monetary Fund slashes its global growth forecast because of Trump's trade war.

Plus: stocks rally on optimism from White House on tariff negotiations. And Verizon says it won't pay for the costs of tariffs on smartphones, but shoppers will. Anthony Bansie hosts.  Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Do you want to get the attention of leadership? Then you need to speak their language. In this episode, Mark DeLuzio discusses FCF %NI and why this measure is key to a successful Lean transformation.

Which of these numbers is larger…the total contract value recently given to Juan Soto by the New York Mets or the total aggregate net income generated by CELSIUS energy drinks since launching 20 years ago? And if you thought that was a dig on Celsius Holdings (think again)! Instead, those remarks were pointed straight towards the sheer ridiculousness of today's Major League Baseball contracts. But regardless…I have to take my cap off to the CELSIUS marketing team for the perfect timing around leveraging a highly anticipated ephemeral moment within professional sports. This brand ambassador announcement easily jumps to one of the most creative I've ever seen within the energy drinks market.

Welcome to a game-changing episode of Eye On Franchising – coming to you straight from the International Franchise Association (IFA) Conference in Las Vegas!This time, we're diving deep into luxury home services with Nick Lopez, the Founder & Steward of Lime Painting

Cale Moodie, President and CEO of Neptune Digital Assets (TSX.V:NDA - OTCQB:NPPTF - FWB:1NW) joins me to recap recent news on a new credit facility and record comprehensive net income reported quarter ended November 30, 2024. He also answers a number of your questions regarding the Company's portfolio of crypto currencies and other investments.    We start by discussing the recent $25 million credit facility and how the company plans to utilize this credit for strategic investments in Bitcoin, altcoins, and other investments.    The discussion also covers Neptune's record three-month net income, the factors driving this impressive financial performance, and strategies for managing their diversified crypto portfolio, including recent additions like Dogecoin. Cale provides insights into their approach to balancing Bitcoin and altcoin investments and their conservative, tech-focused strategy to mitigate risks in the volatile cryptocurrency market.    On the portfolio front, the episode touches on Neptune's unique investment in SpaceX. Cale reveals how the company evaluates potential crypto investments, favoring technologies with long-term viability and staking capabilities. He also provides an update on their current holdings, including the number of Bitcoin owned by the Company.   If you have any follow up questions for Cale please email me at Fleck@kereport.com.    Click here to visit the Neptune Digital Assets website.  

Navigating the Complex World of Child SupportIn this episode of How to Split a Toaster, Seth and Pete dive deep into the often murky waters of child support, the C in the PEACE Process. With precise rules, high stakes, and emotions running even higher, understanding child support is crucial for anyone going through a divorce.Unraveling the Intricacies of Child SupportIn this installment of our season-long look called Your Divorce Case, Seth and Pete break down the complexities of child support, explaining that it has little to do with actual child expenses. Instead, the state uses a mathematical formula based on the combined net income of both parents to determine the amount of support needed. They discuss how factors such as the number of children, parenting time, and additional expenses like health insurance premiums and uncovered medical costs impact the calculation.Questions we answer in this episode:• How is child support calculated?• What factors influence child support payments?• Can the court deviate from the child support guidelines?Key Takeaways:• Child support is based on a formula, not actual child expenses.• The percentage of financial responsibility for each parent is crucial.• Regular recurring income, such as bonuses and vested stock options, counts towards child support calculations.Seth and Pete's in-depth analysis of child support provides valuable insights for anyone navigating the complexities of divorce. By understanding the nuances of the guidelines, parents can better prepare for the financial aspects of co-parenting and ensure the well-being of their children post-divorce.Links & NotesFree Child Support Calculations on Family Law SoftwareSchedule a consult with SethGot a question you want to ask on the show? Click here! (00:00) - Welcome to How to Split a Toaster (02:00) - The PEACE Process: Child Support (04:34) - Not Just About Child Expenses (07:19) - Who Pays Whom? (13:19) - No Reason to Fight (13:47) - Deviating from Guidelines (15:50) - Kids from Multiple Marriages (19:02) - Finding the Net Income (27:19) - Changes in Circumstance (30:21) - Enforcement (32:07) - Bankruptcy (32:50) - Can't Waive the Right (33:48) - Modification (35:09) - How Does the Court Know? (37:33) - Extracurriculars (38:50) - Remarriages (42:34) - Almost Wrap Up (43:18) - Alimony (44:09) - Real Wrap Up Stay safe and sober this holiday season with Soberlink. Co-parenting can be challenging, especially when alcohol abuse is a concern. Give yourself and your family the gift of peace of mind during the holidays by using Soberlink's remote alcohol monitoring system. Improve trust, accountability, and communication in your co-parenting arrangement. Visit their site today to learn more and get $50 off. Happy Holidays from Soberlink!

Curious about how much your business is actually worth?In this episode of The Blackletter Podcast, host Tom Dunlap is joined by valuation experts Sharon Eaton and Wright Lewis for an in-depth discussion on one of the most pressing questions for business owners: how much is your company worth? They break down the factors that influence valuation, such as industry norms, EBITDA, and the art and science behind determining the right multiple. The team explores the importance of networking capital, adjusted EBITDA, and the role of seller notes and earnouts in finalizing deals. Whether you're preparing your business for sale or just curious about how valuations work, this episode offers essential insights to guide you through the process.

Welcome to the Mills Knows Bills Podcast! Host Mills Bender, founder and CEO of Mills Knows Bills, discusses strategies for business owners and variable income earners to manage their finances effectively. Let's get to those burning financial questions! In this season finale episode of the Mills Knows Bills podcast, Mills provides a comprehensive guide to understanding and analyzing your profit and loss (P&L) statement. The episode covers key components such as revenue, cost of goods sold (COGS), operating expenses (OPEX), and net income. Mills offers practical tips on diversifying revenue, managing seasonal business fluctuations, negotiating with vendors, and maintaining a healthy profit margin. Whether you're a product-based or service-based business owner, this P&L analysis 101 class will help you make smarter financial decisions and avoid common pitfalls. Tune in to learn how to better handle your fluctuating income and stay on track with your financial goals! Do you have your own burning financial question for Mills? Contact her here: Email: info@MillsKnowsBills.com Website: https://MillsKnowsBills.com Instagram: https://instagram.com/@millsknowsbills LinkedIn: https://www.linkedin.com/company/mills-knows-bills Subscribe for the latest on YouTube: https://youtube.com/@MillsKnowsBills Link to video podcast episode: https://youtu.be/5MUYVnkmG-I 00:00 Introduction to Mills Knows Bills 00:53 Podcast Overview and Goals 01:26 Understanding Profit and Loss (P&L) 02:01 Revenue Analysis 03:52 Cost of Goods Sold (COGS) 04:49 Operating Expenses (OPEX) 06:39 Net Income and Profit Margin 09:22 Conclusion and Next Steps   #financialpodcast #millsknowsbills #entrepreneurialfinance #variableincome #businessfinances

Join us for a special episode of the REDX Podcast with agent, coach, and entrepreneur Jeremy Herrman. Jeremy reveals a proven step-by-step process to building a powerful business plan, from setting ambitious income targets and understanding expenses to creating a streamlined system for tracking your success. Here's what you will discover... • Tracking Metrics: How to consistently track your performance metrics to make informed decisions and adjustments. • Prioritizing Activities: How to focus on the things that will actually bring you commissions. • Goal Setting: How to set the right goals and make a plan to ensure you achieve them. JUMP TO THESE TOPICS

This episode covers various financial topics related to personal finance, wealth management, and investment strategies. Chad discusses the importance of planning for retirement, including strategies for turning retirement savings into a reliable income source. He delves into umbrella insurance. How much do you need? How much does it cost? Inflation hitting insurance premiums? He dicusses using a 1035 exchange to improve cash value life insurance. Chad explores the benefits of 1031 exchanges for real estate investments and provides insights on leveraging real estate for wealth building. Tune in now to learn more! Timestamps: [00:02:31] Roth 401ks and Roth IRAs. [00:06:20] Money market funds and retirement. [00:10:09] Retirement Planning and Wealth Preservation. [00:13:37] Rising Umbrella Insurance Claims [00:18:42] Long term care insurance. [00:19:49] Wealth Preservation and Retirement Planning. [00:25:13] Long-term care insurance options. [00:27:30] Life insurance 1035 exchange. [00:33:18] Real estate investment considerations. [00:36:09] Real estate wealth-building strategies. [00:37:48] Turning rental property into second home. Email your money question to chad@chadburton.com Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.ChadBurton.com  

GUEST: Richard McCandless, Retired BC Government Policy Manager, and expert on ICBC finances Learn more about your ad choices. Visit megaphone.fm/adchoices

British Columbia moves to single stairwell egress to provide contractors with more space to build out units. Is this move ready? GUEST: Sarah Kirby-Yung, ABC Vancouver City Councillor How much more does the province need to do to ensure safe work environments? GUEST: Jeff Bray, president of Business Improvement Areas of B.C, and CEO of the Downtown Victoria Business Association  Was B.C's move allowing single stairwells in smaller buildings a wise decision? GUEST: Michael Geller, President of The Geller Group, Architect, Planner and Real Estate Consultant How to help your kids get back to a school-friendly sleep schedule GUEST: Dr. Wendy Hall, professor emeritus in UBC's school of nursing How did ICBC achieve $1.4 billion in net income over the past year? GUEST: Richard McCand-less, Retired BC senior Public Servant, and expert on ICBC finances - visit his site at bcpolicyperspectives.ca The importance of teaching students about healthy relationships GUEST: Suzanne Duncan, Vice President of Philanthropy at the Canadian Women's Foundation Learn more about your ad choices. Visit megaphone.fm/adchoices

Akiba Leisman, President and CEO of Mako Mining (TSX.V:MKO – OTCQX:MAKOF), joins us to review the Q2 2024 financial metrics from operations at the San Albino Mine in Nicaragua, along with an update of recent exploration results from Las Conchitas, as well as ongoing regional exploration work.  In addition we also discuss the move-forward work strategy at the Eagle Mountain Gold Project in Guyana.   The Company's financial results for Q2 2024 reflect gold sales of US$28.3 million, which generated US$14.5 million in Mine Operating Cash Flow, and US$8.8 million in Net Income. The Company reported US$0.13 in earnings per share (EPS) during the quarter, while selling 12,313 oz of gold at $1,098 All-In Sustaining Cost ("AISC").  Akiba also shared that the Company had made a debt repayment of $0.8 million towards the Sailfish Silver Loan, and also exercised a Stock Repurchase (NCIB) of $2.9 million in a share buyback.   With regards to exploration there was $179,000 spent in exploration and evaluation expenses, but Akiba pointed out that his does not include an additional $1.4M of non-sustaining exploration invested during the quarter.   There were a number of different targets drilled at the Las Conchitas area, with 2 headline holes reporting:    El Limon target -  23.84 grams per tonne ("g/t") gold ("Au") and 12.1 g/t silver ("Ag") over 6.0m - (4.2m Estimated True Width - ETW), including 124.20 g/t Au and 41.6 g/t Ag over 1.0m - (0.7m ETW) Bayacun target - 36.88 g/t Au and 53.2 g/t Ag over 4.0m - (4.0m ETW)   Akiba also shares the many regional targets they still have at El Golfo, Potrerillos, and La Segoviana, with the new “El Silencio” targets at La Segoviana getting some ongoing exploration work.   There should be more exploration results from both Las Conchitas, and some of these regional targets coming to the market over the next couple of months.   We wrap up getting a rough timeline and key work initiatives at the Eagle Mountain Gold Project in Guyana, recently acquired through the merger with Goldsource Mines.     If you have any further questions for Akiba regarding Mako Mining, then please email me at  Shad@kereport.com.   In full disclosure, Shad is a shareholder of Mako Mining at the time of this recording.   Click here for a summary of the recent news out of Mako Mining.

Questions? Comments? We love feedback! Email us at info@baishavaad.org

Tesla stock plummeting a day after posting 2nd quarter earnings. Car sales, its main business, down 9 percent year-over-year, at 18.5 billion dollars. Higher costs did not help: net income down 45 percent, at 1.5 billion. CEO Elon Musk immediately addressing this in the earnings call.Crowdstrike says a “bug” caused the global tech outage last week. Delta says delays and cancellations will be resolved on Thursday. FTA determined to investigate.

In this episode, Ryan Burklo discusses the distribution of tax status as a factor that impacts financial success. He emphasizes the importance of understanding how your assets will be taxed when you retire and how that affects the net income you receive. He explains the concept using a sample client's financial balance sheet and discusses the different types of taxable and tax-free income. The goal is to have a balanced pie chart with a mix of partially taxable, fully taxable, and non-taxable income. Ryan encourages listeners to think with the end in mind and seek guidance from advisors who can help with long-term tax planning. To learn more about Quantified Financial Partners, please visit our website ww.beerandmoney.net Takeaways Understanding how your assets will be taxed when you retire is crucial for maximizing your net income. A balanced pie chart with a mix of partially taxable, fully taxable, and non-taxable income is ideal. CPAs are helpful for managing taxes in the present, but it's important to work with advisors who can also help with long-term tax planning. Thinking with the end in mind and considering the tax implications of your financial decisions can lead to a more stress-free and financially secure life. Chapters 00:00 Introduction and Recap of Previous Episodes 02:01 Understanding the Sample Client's Financial Balance Sheet 06:30 Considering Lifestyle and Income in Retirement 09:12 Desired Balance in the Pie Chart 10:29 The Role of Advisors in Long-Term Tax Planning 11:43 Conclusion and Call to Action  

Take a Network Break! Lots of hardware news in today’s episode. We start with a new data center Ethernet switch from Dell designed to accelerate workloads on AI Ethernet fabrics. Public cloud networking startup Alkira raises $100 million in funding. Broadcom announces a 400G NIC that targets AI workloads, and Allegro Packets announces a 400G... Read more »

Take a Network Break! Lots of hardware news in today’s episode. We start with a new data center Ethernet switch from Dell designed to accelerate workloads on AI Ethernet fabrics. Public cloud networking startup Alkira raises $100 million in funding. Broadcom announces a 400G NIC that targets AI workloads, and Allegro Packets announces a 400G... Read more »

Take a Network Break! Lots of hardware news in today’s episode. We start with a new data center Ethernet switch from Dell designed to accelerate workloads on AI Ethernet fabrics. Public cloud networking startup Alkira raises $100 million in funding. Broadcom announces a 400G NIC that targets AI workloads, and Allegro Packets announces a 400G... Read more »

Join us on The Simple Profit Podcast as Tu Le unveils key insights from his transformative experience at Harvard Business School. In this episode, Tu shares how the lessons learned during his time at HBS enabled him to triple his business's net worth. Discover the unique benefits of the case study method, the enriching impact of campus life, and the invaluable diversity of perspectives he encountered in the classroom. Tu also explores how these experiences have shaped his approach to business leadership and decision-making. Timestamps: 01:41 The Power of Case Study Method at HBS 05:17 Life on the Harvard Business School Campus 07:12 Diverse Perspectives in the Classroom 09:14 Applying Harvard Lessons to Business Leadership 10:19 The Importance of Perspective in Decision Making 13:33 Teaser for Next Episode For more tools to efficiently manage your business, check out MyStudio's powerful membership management software at ⁠⁠⁠⁠www.mystudio.io⁠⁠⁠⁠.

REVOLUT- https://www.revolut.com/en-US/- online banking- 40 million customers, adding 1 million new customers a month- Available in 150 countries, #1 finance downloaded app in 17 countries- $2bn of revenue and $350m net income in 2023- $21b secondary market valuation, -36% from last round ($33b) in Jul 2021- 10.5x revenue multiple ... low for a profitable company adding 1m new customers a month?WIZ- https://www.wiz.io/- NYC cloud security firm- $12b post-money after $1b cap raise- a16z, Lightspeed, Thrive invested- $350m in 2023 annual recurring revenue- 34x revenue multiple (HIGH!)WAYVE- https://wayve.ai/- UK AI-autonomous driving technology company, licenses AI-tech to car manufactures- raised $1b round, valuation not disclosed- Softbank, D1, Nvidia, Microsoft investors- Last published valuation was $1.35b in Jan 2022 Series B- current raise was $1b so I have to assume the current valuation is $4b+ post-money

Welcome back to another episode of the Female EmPOWERED podcast with host Christa Gurka. Today, we're diving into the inner workings of business metrics with our special guest, Lauren Amron, COO at Pilates in the Grove studio. Join us as we unpack the highlights of Q1 and how we're keeping our business on the path to success.In this episode, Christa and Lauren dissect how they review business metrics quarterly at Pilates In The Grove. They explore the key metrics driving their decisions, including revenue, net income, utilization rates, visits, and unique customers. Lauren offers her expertise in analyzing Q1 performance and demystifies the budget vs. actual spreadsheet, shedding light on the importance of understanding profit margins, location viability, and operational optimization.Here's what we'll be discussing:Revenue and Utilization Rates: Unpacking why these metrics are crucial for operational success.Net Income vs. Revenue: Understanding profitability beyond the topline figure.Financial Performance Analysis: Breaking down Q1 month by month and quarter by quarter.Setting Annual Goals: How quarterly reviews inform long-term strategic planning.Optimizing Studio Operations: Leveraging data to refine schedules and pricing.Key takeaways from our conversation:Start Simple: Begin tracking one metric like visits to gain insights into business performance.Consistency is Key: Source data from the same place for accurate analysis over time.Data-Driven Decision Making: Use metrics to objectively set goals and make informed business decisions.Quarterly Reviews: The power of regular reviews in optimizing operations and driving profitability.Ready to dive into your own quarterly review? Download our worksheet template from www.christagurka.com/quarterlyreview and get started.For those looking to take their tracking and analysis to the next level, explore our coaching programs like the Inner Circle, offering customized scorecards and dedicated support.Don't forget to subscribe, leave a review, and share with your fellow entrepreneurs. Together, let's empower each other to thrive in the fitness and wellness industry! If you're keen on being a guest on a future episode, reach out to us at Christa@pilatesinthegrove.com.

AP correspondent Norman Hall reports on financial struggles for Tesla.

The University of Minnesota's Center for Farm Financial Management reports the average Minnesota farmer made just over $44,000 in 2023, a 76% drop from 2022's record net income. See omnystudio.com/listener for privacy information.

In this episode, Kyle Smith delves into the intricate world of business finance, unveiling the transformative power of simplicity in tackling financial challenges. From a lime shortage reshaping a restaurant group's destiny to actionable advice for business owners on measuring and analyzing financial health, Kyle shares real-world scenarios highlighting the significance of net income, gross profit percentage, and net cash flow. Explore the practicality of Kyle's 5 Must-Measure KPIs—Revenue, Gross Profit %, Net Income, Net Income %, and Net Cashflow—applicable to businesses of all sizes. Don't miss out on the crucial insights and real-world examples that Kyle shares, demonstrating how measuring these KPIs can drive business pivots and lead to more significant profits.   More about Kyle:  Kyle Smith, CPA, a finance graduate from UT McCombs School of Business, is deeply committed to helping small and medium-sized businesses thrive. He began his career in Austin, gaining experience as an accountant and Controller for various bar and restaurant groups. His passion for guiding SMBs led him to earn his CPA and specialize in cost management accounting as Director of Finance at Celis Brewery. Kyle's journey continued at Scalefactor, a software development company, where he advised clients across various industries. His ultimate aspiration was realized when he became a co-partner at Strata Cloud Accountants. Kyle specializes in working with business owners to align personal and company goals and help teach businesses the financial acumen needed to hold themselves accountable to those goals. All with the mission to help businesses and business owners be more profitable.   Connect with Kyle:  https://stratacloudaccountants.com/choreography   ------------------------------------------------------------------ Want more Business Choreography?  Check out… Business Choreography Website  Join The Business Choreography Group  Text Us "CHOREO NOW" To Get Started: 385-442-7188   Need the tech to build your Business Choreography? Check out.... ChoreoSuite

At 67 Clark had owned his contracting business for 40 years…he was proud, but tired.  The business had given him a chance to live in a good home, send his kids to good schools, and take a trip every now and then.  Of course, business didn't grow while he was gone. At 67 he reached out to a business broker and asked, “how much can I sell my business for?” He had always been told his business could be his retirement plan.  HE was the value of the business and HE did not want to work anymore. How do you grow your biz without debt, without expensive software, and yet WITH hope that your business can provide for you long after you have stopped working?   Can you imagine a business that not only runs, but grows without you???   Is that even possible? What happens to your business if something happens to you?   Did you know that 80% of a biz owners net worth is locked away in their business?   How does an owner grow their number one asset without debt and expensive software? I'm going to lay out four available next steps for you to choose from in taking meaningful action to be liberated from business chaos and build your biz to run and grow without you…especially if you plan to stay! First, you must Write The Vision Down.  Hope is not a plan, but hope is necessary.  I hope to be a race car driver someday.  I hope to live in Istanbul for months at a time.  I hope my home increases in value.  I hope the BOP team continues to build on it's meaningful culture.  Hope is the desire…but vision is the clarification of that hope Writing a vision down converts hope into existence.  Gerber says “if you don't write it down you don't own it”.  We say, “if you don't write it down it doesn't exist”. Write your vision down over a series of pages describing what you want for your family and freedom, your finances, your product or service, your team, your ideal client, and your culture. The second tool for growing your business without debt or expensive software is committing to a simple life of spreadsheets. I got a t-shirt made that says spreadsheets change lives! What Project Management software is the best?  Whichever one you will use. Don't try to drive a Stock Car before you've driven a Civic.  Prove to yourself you will use the digital tools by using the free versions first.  Start any new tracking initiative on a spreadsheet…prove yourself, THEN you can sign up for the big boy stuff. The third ingredient owners use to grow their biz without debt or expensive software is a culture calendar. Culture is a science term, not a biz term.  Culture is not something that happens to you but it is something that you proactively build. You must create and invite people into a culture of RPM's (repetition, predictability, and meaning).  What a young generation does not want is a business or process that is glitchy, confused or bottled in your head. What do they want?  Clarity! Stop Wasting time recreating the wheel.  Start building a culture where people wake up and want to do hard things You will need a tool that build the RPM's of great culture: repetition, predictability, and meaning  Take a simple spreadsheet and add the weeks of the year along the horizontal bar at the top while adding all of the cultural ingredients you wish to install along the left hand vertical side. Review this culture calendar in your weekly team meeting and implement.  The team will begin to run and grow the business with or without you The final tool to help you grow your business without debt or expensive software? Subdivide your bank accounts and stop binge-drinking borrowed money!  Money leaks the fewer bank accounts we have.  If we have 1, 2, or 3 accounts then it looks like we have a lot more money than we actually do A $1 receivable drops down to pennies when we begin removing the cost of doing business. For every dollar of receivable you may realistically only be keep 2 to 4 pennies in CASH! I'm not talking about your Net Income or P&L statement…that's what the government and your CPA look at.  We look at the cash you have in the bank.  Nobody EVER has been able to withdrawal money from the bank using a P&L! Of course those tools are important, and so is subdividing your cash. Mike Michalowicz's book Profit First is the definitive resource on this simple tool. First, subdivide your bank accounts into at least 6 accounts.  Then set percentages on each of those accounts.  When receivables come in, subdivide the dollar up and put it in each home. Don't overthink this…don't make excuses…you know what your doing now is not working.  Money is creeping in the front door and flying out the back door. Once you have subdivided, now you can begin tracking your actual cahs every single week and limit your need to borrow money.  This is real-life cash flow, not some static report that you pull when you are in trouble. It's time to seeing where your money is sneaking Sales are not your problem.  Marketing is not your problem. Your process is your problem that free spreadsheets and subdivided bank accounts can empower you to solve. Today, that 67 year old Clark is now 75 and he rarely leaves his house…he coughs all day.  He always said, “when I retire, THEN I'll…”   This wasn't what he had planned…and his story can act as a catalyst for you to do something different.   To live NOW…enjoy your business now…enjoy your life NOW…stop allowing chaos to determine your life. Write your vision down, commit to a life of spreadsheets first, implement the culture you see, and subdivide your bank accounts.   My new audiobook walks through these in details.  Go search Let Your Business Burn: Stop Putting Out Fires, Discover Purpose, and Build a Business That Matters.

Andrew Lynch,  Head of FP&A at UK card discount scheme for public service employees, Blue LIght Card, is known to his nearly 11,000 Twitter followers as The SMB Finance Guy. The FP&A leader also runs the highly popular Net Income newsletter regularly posts small business opportunities, scaling companies, systems, strategy, “with a few shitposts thrown in for good measure” (His writing has also been picked up by Business Insider). In this episode Andrew reveals: The power of mentors in transforming his finance career from a “struggle to find someone who would take me” to high-profile roles at Anabas, Capital One, and Blue LIght Card. Starting a new budget from scratch and building an FP&A team at Blue Light Card Negotiation and sandbagging with sales and how FP&A can deal with the challenges How FP&A best practice saw Andrew deliver one SMB £10 million a year in revenue and from £8k in profit to £23 million Being Fired by Four times Bestselling New York Times author Tucker Max the day before Xmas Eve Skill stacking – getting to be the top 25% in the world at four or five different related things – rather than trying to be the best Being one of the few FP&A leaders on the comedy circuit Subscribe to Net Income at https://www.netincome.co/ Follow Andrew at https://www.linkedin.com/in/andrewglynch/

Feb. 9, 2024 | Asbury's net income nosedives; M5 CEO Lee Harkins by Automotive News

I'm getting to a point in my coaching career where it can feel like I'm on a carousel. I meet heroic business owners all the time and it can feel like Groundhog Day, which was conveniently last week, as I hear some of the mistakes they are making. Many of them ask, “Thomas where are we at risk?” I figured if I'm having that conversation with several business owners each week, so why not have it with all of you? So thanks so much for joining today, it's Thomas Joyner with Business on Purpose here ready to dive in on the 3 Ways contractors are putting their business at risk. No, I'm not talking about dodging taxes or having poor quality, or failing to build team culture. Although those are important, I want to spend some time on the ones I see most frequently putting businesses at risk across the country. The first one I want to talk about is this…not knowing how expenses affect your bottom line. I've talked about this in the past, but it rears its head all over the place, and here are a few areas I see it.  Firstly, hiring. We look at industry standard instead of what the business can afford. It feels too intimidating to actually build out a Pro Forma and identify what happens to our cash flow when we hire, so we come up with a random number that is in no way based on our business's performance and we decide that we will just have to do more work. How much work? We have no clue, but we'll know it when we see it. If other businesses can afford to pay it, then surely we can too! Sound familiar?  Other areas I see it are in debt payments. We buy a truck or skid steer or scissor lift and don't think through the ramifications of long-term debt payment. Or on the flip side, we need it for a few jobs and we go out and buy one instead of just renting it on the 3 jobs we need it and it really affects our cash position long term. This is KILLING businesses every single day. We don't forecast out our revenue and expenses in any kind of meaningful way, so we have to fly blind and we end up killing our potential profit downstream.  So, what to do about that? Build out a reliable forecast with projected revenue, cost of goods, payroll, nonpayroll expenses, and any other random expenses that will pop up like insurance, tax payments…etc. Build a running tally of projected Net Income and then use those numbers to tweak when adding expenses like hires or equipment purchases. Can you hit your numbers with the new expenses? If not, what does revenue need to be to hit those numbers? Is that realistic? It's a game you have to play where every decision has a reaction. But you, the business owner, need to be on top of it. The second way I see businesses at risk is not giving and writing down crystal clear job roles for their team. It's the area I see things get dropped more than any other. We have 4 people who have overlapping job roles and no understanding of where their responsibilities start and stop. So you, then, end up with 4 people doing things slightly different, or human nature takes over and they let the one person who truly cares handle the most important parts. That person then gets burned out as the weight of the business falls on their shoulders and they leave.  This sound familiar? Absolutely it does! We expect people to know, mainly because we just wish they would take the initiative to figure it out for themselves, we expect people to know what we want them to do! And yet, it rarely works out for the better. We have to build out an Organizational Chart that maps out responsibilities. And maybe it's a great time for you to rebuild job roles to refine your operations instead of lean on the way you have always done it. Maybe it's time to get in a mastermind group or ask a coach to walk alongside you and point out things you don't see because you're stuck in a rut! Once you have the team mapped out, you may need to build a flow chart from Awareness of your business to closed sale and then see what are all of the tasks that need assigning. It takes time, but imagine how much clarity, authority, and purpose it would give your team to know exactly what it will be held responsible for and to be able to compensate on value to the business. Oh, it would be freeing for the whole team! Lastly, I see businesses at risk in the way they don't clearly articulate what will get them to their long-term vision. This may sound complex, but it's not intended to be so. I see businesses chase after deals or projects that they have no reason to chase after because they don't have a clearly identified plan to get to their vision. So they add a massive remodel or a new development, or maybe a completely out-of-the-blue maintenance division just to grow revenue.  It's opportunity-driven, not vision-driven. Months down the road, the lead source dries up or they quickly realize it's not as profitable as they hoped and they are left backtracking to get back to who they were in the first place. It's why we spend so much time on Vision story. We want a bulletproof plan that will lead your business where you want rather than just chasing after any shiny object opportunity that happens to catch your attention and happens to offer the promise of profit. There's so much to think through here, but if you can get laser-focused on what you want to offer from a product and service standpoint, and then stay locked in with that, you stand a much better chance at reaching your vision than allowing every distraction that passes by to knock you off course. I see it every week in the coaching world. Alright so let's recap, write these down, and make sure you aren't suffering from 1 or all of them. Number 1, not knowing how expenses affect your bottom line, Number 2 not giving and writing down crystal clear job roles for their team and number 3, they don't clearly articulate what will get them to their long-term vision Think through those and please, let us know if we can walk alongside you in those. You are not alone! And you're not silly or ineffective as a leader for failing at any one of them! They are tricky and they take work to navigate around and through them.  But the way they set your team up for success when you can effectively manage them, that's running a business you can be proud of. Hope you have a great day!  

There's often a misconception when it comes to figuring out what you'll be taxed on in your business.  This is normally referred to as your net income.  Many business owners will take a look at their business bank account and think this is the number they will use for their net income or what they will be paying taxes on, but it isn't an accurate way to look at it, and it causes a lot of problems, especially if that bank account balance is lower than the actual net income.  I've heard many times that business owners don't think they will owe much for taxes because they only have a small dollar amount in their bank account.  In today's podcast episode, I cover some of the main reasons why there may be a gap between your bank balance and your net income.  It may seem like your bank balance would be an accurate way to tell what you'll be paying taxes on, but you'll find out today what can cause this number to not match what your true profit and loss or net income amount.  Whether you are starting a business or side hustle, you're a self-employed individual, a solopreneur, entrepreneur, mompreneur, freelancer, small business owner, a remote, virtual, online, or in-house bookkeeper or accountant, a virtual assistant or VA, or other professional, when you are trying to figure out what you're tax liability will be based on, I want you to make sure you are as prepared as possible for filing your taxes, and you don't have any surprises pop up… Find out how you can work with me by either scheduling a free consultation or signing up for the BALANCE Life Coaching program, where you can get private one-on-one coaching every week.  Find out where you'd like to see yourself and your business in the future.  We'll create a laser-focused plan, including which action steps you need to take to get started on the path to success: https://www.financialadventure.com/work-with-me Accountants, CPAs, Bookkeepers, Tax Preparers & Financial Professionals, sign up here to get updates on upcoming opportunities & grab the Audit Of Your Well-Being & Balance Guide here: https://www.financialadventure.com/accountant Ready to set up your business?  I have a program I'm creating to help you get your business set up so that you can start making money.  Sign up for this program here: https://www.financialadventure.com/start Are you ready to try coaching?  Schedule an Introductory Coaching Session today.  You'll have the opportunity to dip your toes in and see how you like coaching with an Introductory Coaching Session.  I'll spend the whole time coaching you on anything you'd like coaching on in your business or your personal life: https://www.financialadventure.com/intro Join us in the Mastering Your Small Business Finances PROFIT LAB if you are ready to take control of your business finances and create the profitable business you are striving for.  Are you ready to generate revenues and increase the profit in your business: https://www.financialadventure.com/profit If You Are Ready To Choose, Start Or Grow Your Side Hustle, Get Your Free Checklist And Assessment Here: https://www.financialadventure.com/sidehustle Grab Your FREE guide:  5 Essential Strategies For Stress-Free Bookkeeping: https://www.financialadventure.com/5essentials Your FREE Online Virtual Bookkeeping Business Starter Guide & Success Path Is Waiting For You: https://www.financialadventure.com/starterguide Join Our Facebook Community:  https://www.facebook.com/groups/womenbusinessownersultimatediybookkeepingboutique The Strategic Bookkeeping Academy, including Bookkeeping Basics, is open for registration!  You can learn more and sign up here: https://www.financialadventure.com/sba Looking for a payroll solution for your business?  You can get an exclusive 15% discount on your payroll services when you sign up here: https://www.financialadventure.com/adp QuickBooks Online - Save 30% Your First 6 Months: https://www.financialadventure.com/quickbooks Sign up for a virtual coffee chat to see if starting a Bookkeeping Business is right for you: https://www.financialadventure.com/discovery Show Notes:  https://www.financialadventure.com This podcast is sponsored by Financial Adventure, LLC ~ visit https://www.financialadventure.com for additional information and free resources.

Danielle Hayden is a reformed corporate CFO (chief financial officer) who is on a mission to help rule-breaking female entrepreneurs understand their numbers so they can gain the confidence needed to create sustainable profits. After spending 10+ years in the boardroom as a corporate finance officer, Danielle is now in her sweet spot as the CEO of Kickstart Accounting, Inc. where she helps business owners with bookkeeping, financial analysis, and education. She is the author of the Profit Planner book series. When Danielle isn't in her money mindset you can find her hiking or spending time with her family. What problem do you solve?  In this episode, Danielle Hayden, the CEO of Kickstart Accounting Inc.  With a mission to help entrepreneurs understand the importance of numbers for sustainable profits. Show Notes: The number one tip Danielle shared was about the significance of using numbers to manage a business throughout the year. She emphasized the importance of maintaining proper bookkeeping from day one. Danielle stresses the importance of regularly reviewing financial statements, including the income statement, balance sheet, and cash flow statement, preferably monthly. She shares the top three numbers that every business owner needs to know: Gross Profit, Net Income or Loss, and Monthly Cash Output. She talks about the money mindset and discusses the impact of personal money stories and categorizes different types like free spender, keeper, balance seeker, and perfectionist. She shares some tools and strategies for changing one's money mindset including applying gratitude lists to financials, taking clarity breaks, and using financial dashboards for a high-level overview. She says simplifying financials for CEOs involves focusing on high-level information, utilizing financial dashboards, and snapshots to avoid overwhelm. The concept of Atomic Habits and the power of making manageable adjustments by changing one thing by 1% at a time is discussed. Business owners are reminded to be leaders and visionaries rather than attempting to do everything themselves. Danielle Hayden's Best Small Business Tip: As a small business owner, you should not wait to find help, instead, you should avoid the superhero syndrome and ask for assistance to prevent burnout.  Connect with Danielle Website: https://kickstartaccountinginc.com/ Danielle's podcast: Entrepreneur Money Stories Instagram Clarity Navigator Discovery Session – Sign Up HERE Book a Mastermind Discovery call With Gary at https://bookme.name/garywilbers/ascend-mastermind-discovery

CHS Inc. reported net income of $1.9 billion for the fiscal year ended Aug. 31, 2023, compared to $1.7 billion for fiscal year 2022.See omnystudio.com/listener for privacy information.

Stay up to date on news related to the furniture industry! In this episode, we cover:(00:42): "Residential Furniture Industry Faces Challenges Amidst Rising Orders and Declining Shipments"(03:25): "Wood Furniture Scorecard: Recognizing Retailers Championing Responsible Sourcing and Fostering Sustainability"(05:46): "GigaCloud Expands B2B Reach with Successful Asset Acquisition of Noble House Home Furnishings"(07:59): Title: "The Credit Card Competition Act: Protecting the U.S. Payments Market from China's Influence"(09:47): Strong Financial Performance and Future Expectations: Wayfair's Turnaround Efforts and Continued Growth(12:08): "Flexsteel Industries Reports Strong First Quarter Performance Amidst Economic Challenges"

Are you struggling to understand your financial statements? Every business owner must understand the language of money and have their business's financial health clearly defined. In this episode, Danielle and Victoria simplify Profit and Loss statements, going over their importance, the biggest mistakes people make, and the most important metrics to know. Join us as we explore accounting details, business profitability, and the divide between popular financial perspectives!   Topics Discussed:  Intro (0:00) The Big Three Financial Statements: Profit, Balance, Cash (1:43) Finance Framework Course (2:47) Overview of the Profit and Loss Statement and Accounting Basics (3:28) Operating Expenses and Bookkeeping (08:33) Net Income or Loss (10:15) Money Mindset Mastery Framework (13:49)  Bookkeeping as a recipe for business success (14:52) Accountants vs. Popular Financial Views (16:28) Tax planning and the importance of business profitability (19:02) Profit and Loss Statement Issues (25:47)   For help with your financial estatements and more, visit: https://kickstartaccountinginc.com/get-started/ Connect with Danielle: Instagram | @Daniellehayden__OH Instagram | @Kickstartaccounting Website | Kickstart Accounting, Inc. Facebook | Kickstart Accounting, Inc.   Get Started Today: https://kickstartaccountinginc.com/get-started  

Honeygrow keeps G&A tight and is profitable on a net income basis, founder and CEO Justin Rosenberg tells Bloomberg Intelligence. In this episode of the Choppin' It Up podcast, Rosenberg sits down with BI's senior restaurant and foodservice analyst Michael Halen to discuss the emerging chain's strong unit economics and commitment to growing profitably. He also comments on Honeygrow's development plans, stiff competition for real estate and his reluctance to raise menu prices amid higher gas costs and other pressures facing US consumers. See omnystudio.com/listener for privacy information.

JD shares his real estate beginnings, including his purchase of a multi-family building with a VA loan. He dives into Short-Term Rentals (STRs) including income, expenses, and how those compare to traditional rentals. JD gets granular on STR pricing, occupancy, turn-over costs, and optimizing profitability. He drops golden nuggets on common mistakes investors make in STR investing and how you can avoid those! This show is packed with jewels of wisdom for anyone interested in STR investing! If you enjoy today's episode, please leave us a review and share with someone who may also find value in this content! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: StraightUpChicagoInvestor@gmail.com Guests: JD Modrak, Kasa Link: Andrew Dorazio (Network Referral) Link: Our Team | BCG Real Estate Group ----------------- Guest Questions 02:09 Housing Provider Tip: Have an HVAC contractor for emergency repairs during extreme weather! 04:22 Intro to our guest, JD Modrak! 05:22 JD's start with Short-Term Rentals (STRs)! 08:21 STR Expenses and Net Income. 13:23 STR expectation changes over the years. 18:04 Pricing STRs! 23:19 The Perfect Check-In. 25:17 Identifying good STR markets. 30:22 Mid-Term Rentals (MTRs)! 36:14 Financing STRs and MTRs! 43:24 Taxes on STRs. 47:08 What is JD's competitive advantage? 47:52 One piece of advice for new investors. 50:15 What do you do for fun? 50:43 Good book, podcast, or self development activity that you would recommend? 51:00 Local Network Recommendation? 51:48 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2023.

00:09 | Redwood raises $1.0b!- Redwood Materials, a battery recycling startup, raised $1 billion in a Series D round co-led by Goldman, T Rowe Price at an estimated $5.0b valuation- US Dept of Energy also provided a $2 billion loan00:41 | Greyscale beats SEC in lawsuit for spot BTC ETF?- Federal appeals court challenges SEC's denial of Grayscale's bitcoin spot ETF application- Court says SEC's decision was "arbitrary and capricious"- Bitcoin-related assets surge02:06 | OpenAI revenue projected for $1.0b- OpenAI is posting $80m in monthly revenue vs $28m one year prior, outpacing estimates- ChatGPT Enterprise announced this week. Aims to assist employees in learning new skills and analyzing internal data. Focus on data privacy.03:41 | Elf Beauty buys Naturium for $355m- Elf doubles its skincare market share- Elf's stock rises 250% in a year- Investor interest in beauty brands is hot!04:32 | Klarna's net income +67% better in 1H 2023- Klarna reduces losses by 67% in H1 2023, with a 21% increase in net operating income- Company emphasizes AI advancements, launching a feature that saves 60,000 hours annually.05:45 | Cohere AI to raise a primary round- Cohere hires JPMorgan and Goldman to raise capital- Tiger Global is selling in the secondary at a $3.0b valuation- Cohere last raised in the primary at $2.2b in Jun 202306:11 | Big capital raises- Ramp (www.ramp.com) | $300m Series D, $5.8b valuation- Gympass (www.gympass.com) | $85m Series F, $2.4b valuation- Zepto (www.zeptonow.com) | $200m Series E, $1.4b valuation- Korea Credit Data (www.kcd.co.kr) | $76m Series F, $990m valuation- Cellares (www.cellares.com) | $255m Series C, $666m valuation07:09 | Pre-IPO +0.75% for week- IPO Watch: I have Instacart at a $12.4b valuation, Klaviyo $4.3b. Keeping an eye out on where this IPOs will price.- Week's winners: Instacart +9.1%, Anthropic +6.8%, Databricks +5.9%, Brex +2.1%, SpaceX +2.0%- Week's losers: Neuralink -19.3%, Deel -8.7%, Airtable -8.4%, Rippling -7.6%, Chainalysis -3.1%- Top 5 largest companies by valuation: ByteDance $206b, SpaceX $150b, Stripe $49b, Databricks $35b, OpenAI $32b

Welcome episode 222 of The Cloud Pod Podcast - where the forecast is always cloudy! This week we take an in depth look at the latest earnings reports from all the major players, changes to IPv4 costs (inflation), Healthscribe, and all the news (in cybersecurity) that's fit to print.  Titles we almost went with this week:

Throughout my career, I often receive questions from new investors about what to expect when investing in rental properties. It's understandable to be unsure about the potential returns and to set realistic goals, especially when starting out with no prior experience.  In today's episode, I want to address these questions by taking a different approach. Instead of an interview, I will dive into a recent deal we closed and present it as a case study. I'll be going over all the details of the deal, from finding the property to reflecting on lessons learned, to provide you with tangible examples and demonstrate what is possible in the realm of real estate investing.  Whether you are a new investor or an experienced investor seeking inspiration for your next project, this episode is for you. Tune in! Key Takeaways [00:00] Introduction [01:25] Diving into what's possible in short-term rental investing [03:06] An overview of the deal and discovery of the property [10:23] Running the numbers – Factoring in the cost of rehabbing and inspecting the home [20:46] Running the numbers – Rehabbing the property and anticipating occupancy [28:12] Financing the deal [31:45] First key takeaway – When rehabbing a property, think like a problem-solver [36:25] Second key takeaway – Don't do a rehab unless you're creating worthwhile cash flow [39:04] Closing remarks    Show Links Join me for my live Masterclass on July 12, 2023 at 3:30 p.m. (CT)! Join HERE!   Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals Living Off Rentals Website – livingoffrentals.com Living Off Rentals Instagram – instagram.com/livingoffrentals Living Off Rentals TikTok – tiktok.com/@livingoffrentals

Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: StraightUpChicagoInvestor@gmail.com Guest: Baris Yuksel, Supreme Capital Link: Multifamily Insights Podcast Link: Baris' LinkedIn Link: John Warren SUCI Ep 196 (Network Referral) Sponsors: Pentwater Cabinetry and Essex Realty Group ----------------- Guest Questions 03:25 Housing Provider Tip: Understand Gross vs Net Income when screening tenants! 05:16 Intro to our guest, Baris 10:20 Why did Boris start with a mixed-use building? 19:31 Establishing a Geographical Focus and Finding Capital to Scale! 22:11 Self-Managing a Growing Portfolio. 31:39 Discussion on different Chicago neighborhoods! 37:15 Baris' outlook on Chicago Real Estate! 40:22 What is Baris' competitive advantage? 40:45 One piece of advice for new investors. 41:19 What do you do for fun? 41:37 Good book, podcast, or self-development activity that you would recommend?  42:08 Local Network Recommendation? 42:52 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2023.

Excel is the #1 tool B2B SaaS companies use for many financial tasks, including calculating SaaS metrics to surface insights for operating decisions and investor updates.Ali started his career in tech as an auditor at Ernst and Young, with a priority focus on revenue recognition and reporting. While auditing a top tier B2B SaaS company, he was provided multiple spreadsheets with thousands of rows of data, and it even required almost 10 minutes to just open the Excel file, and almost 6 months to complete the audit. The primary challenge, finding all of the data required for the audit in an extremely large and poorly structured Excel model.What are the top signs that a founder/CEO will see to know it might be time to move beyond Excel? Ali suggests at $1M and above that Quickbooks is a fine General Ledger, but the initial issues are associated with revenue recognition and the associated reporting. Often, this is due to not having the right human resources who truly understand revenue recognition policy, and then the manual required to create a model and the appropriate formulas for revenue recognition.One sign that Excel might not be doing the job, is if revenue is being recognized on a cash basis. Another sign might be when an investor asks what your "MRR or ARR" is, and you realize it includes professional services or one-time fees. Why is getting revenue recognition important to an early-stage company? It becomes important when external stakeholders, like existing or potential investors, ask for things like GAAP revenue growth rates, and ARR growth rates and you cannot provide the answers because the financial foundation and reporting infrastructure have not been established.Inevitably if you are quickly heading to $1M ARR or already above that level, founders and CEOs are expected to know their numbers. One common tactic is to hire an external accountant, and ask them to set up revenue recognition and other financial reporting in Excel - the challenge with this is that it is not scalable, and if the "rent an accountant" goes away, it is hard for the next resource to understand the excel model.Next, we discussed the reality of ASC 606 (GAAP accounting policy), and how it impacts the need for more advanced financial reporting capabilities. ASC 606 includes very complex and nuanced accounting rules that Excel is just not well positioned to be the primary solution for modeling and reporting GAAP revenue and the associated financial metrics such as Gross Profit, EBITDA, and Net Income.The most important initial SaaS metric is Contracted ARR, and ARR including growth rates. Quickly following is the ability to understand Sales and Marketing expenses and the associated customer acquisition cost efficiency metrics including Customer Acquisition Cost, and CAC Payback Period. Cash burn and cash runway are other critical insights that a founder/CEO needs to ensure are available and accurate early on.When I asked Ali about other SaaS Metrics, he highlighted a recent example where a company wanted to start reporting their CARR and ARR, and they close a majority of deals mid-month. They were confused about how they report ARR for the month the contract was signed, and how those decisions impact the associated recognized revenue (GAAP revenue).If you are an early-stage SaaS company and are having challenges with Excel to capture, calculate and report basis SaaS financials including GAAP revenue, CARR, ARR and the associated SaaS performance metrics the conversation with Ali Rizvi is highly informative.

In this informative episode, we delve into whether investing in a Pelican's SnoBalls Shaved Ice franchise is truly worth the cost. We analyze the various aspects of the franchise opportunity, including the initial investment, ongoing expenses, and potential profitability. Join us as we explore the potential rewards and considerations of investing in a Pelican's SnoBalls Shaved Ice franchise. This episode was based on an exclusive Vetted Biz analysis, click here for the full report: https://www.vettedbiz.com/pelicans-snoballs-franchise/ Want to know more about this franchise? https://www.vettedbiz.com/listing/pelicans-snoballs/ Need help finding the right franchise? Click here: https://www.vettedbiz.com/franchise-search/ 00:00 Introduction 00:27 About Pelican's SnoBalls Shaved Ice Franchise 01:21 Investment Cost, Franchise Fee, Royalty Fee & Sales 02:57 Net Income 03:30 Selling Price 04:09 Conclusion #PelicansSnoball #PelicansSnoBallsShavedIce #FranchiseFindings We partner with Fund My Franchise to give you the best “one-stop source” for all your funding needs. Knowing which option is best suited for you and your business is their specialty. Whether you use our Self-Directed 401(k), allowing an entrepreneur to use qualifying retirement monies to capitalize a business, and/or traditional Debt Funding, utilizing Unsecured Lines of Credit (ULOC) or Small Business Administration (SBA) Loans, they are here to help you realize your entrepreneurial dream. Don't let bad credit stand in your way. They can help with credit repair. Click the link in the show notes to apply for a no-obligation, no-charge consultation with one of their Senior Consultants: https://share.hsforms.com/1hkqew4n2S7ap6o8z1OqBIQ4e0xw