Sentences with phrase «to reach profitability»

More than 1 million have been sold, and the company reached profitability within its first year.
The entrepreneur, on the other hand, certainly wants to expand the business, but he or she is usually focused on reaching profitability first and then growing from there.
However, there can be no guarantee as to when we will eventually reach profitability, if at all.
While we have not yet reached profitability, our principal charge - off rates have remained stable while our customer acquisition costs have continued to come down.
Annual cash burn is USD 7.1 million (for 2013, though it may well accelerate)-- clearly, the company will require substantial additional funding before it ever reaches profitability.
She declined to provide a specific timeline for reaching profitability on a cash flow and Ebitda basis, but insinuated it would likely happen this year.
Factoring in all that, the $ 70 million production is the only item that could hold this flick back from reaching profitability at the theaters.
Oversee all operational aspects of the branch including distribution operations, customer service, human resources, administration and sales in a manner that supports reaching the profitability goals for the branch.
(Citing unnamed sources familiar with Lyft's finances, Techcrunch reported shortly before Green's keynote that the company expects to make more than $ 1 billion in gross revenue in 2015 (but only $ 300 million net) but won't reach profitability until 2016.)
Oliver Camilo, the company's co-founder and CEO, declined to disclose revenue or terms of its celebrity partnerships, but he says AppMoji reached profitability earlier this year, and has been growing steadily each month.
Company milestones (such as reaching profitability, increasing sales dramatically, or changing ownership)
The discussions come as Birchbox has been working to steady its business this year following a rough 2016 that included two rounds of layoffs and a mad dash to reach profitability after the company was unable to secure a large new investment.
Specifically, smaller funds prioritize early - stage investments in companies with modest capital required to reach profitability where small amounts of capital garner significant ownership due to low entry valuations.
According to Tan, GrabTaxi has already reached profitability in several markets within the region.
It's definitely not a hit — which is confirmed by its 71 % drop from last week — but this critically panned disaster - piece (in more ways than one) will actually reach profitability status.
Position management takes time to master because these securities often carry wide bid / ask spreads, requiring larger movement in your favor to reach profitability while also grinding through wide intraday ranges that expose stops, even though technicals remain intact.
During a question and answer session Zelnick was asked by an analyst how the company will reach profitability without a Grand Theft Auto release in fiscal year 2013 (April 2012 to March 2013).
In a Recode Decode podcast last September, Brown - Philpot said TaskRabbit was cash flow positive in its cities, and close to reaching profitability overall.
Despite the razor - thin margins of ride - hailing, Fasten claims it was able to reach profitability in November by keeping its operations limited and focused to the two markets it serves.
Those three pillars describe probably 90 % of all the issues that keep novice and struggling traders from reaching profitability:
With increased confidence in the model ramp and the company reaching profitability, RBC Capital Markets» Joseph Spak said in a report.
After an exhaustive analysis, the only factor all companies had in common was that they had all reached profitability by the second year of their existence.
Had we not increased the rates, I'm not sure that we could ever have reached profitability.
With $ 363 million in investment, the unicorn says it has enough funding to reach profitability.
«If the work is lower margin, technology has a real opportunity to allow you to reach that profitability,» said Leslie Payne, who runs public affairs at Lendup.
Next, determine how much comparable companies have been valued at when they reached profitability.
Before leaving their corporate jobs, they spent nine months of evenings and weekends plotting strategy, defining their client base, and figuring out how to reach profitability — partly at the insistence of an angel investor who is providing some $ 500,000 in funding.
The company's biggest priority is convincing schools and parents to buy premium features and educational content so that ClassDojo can reach profitability.
Charlene Li, founder and CEO of the Altimeter Group, a business management consulting firm, says that the pressure is now on for Poshmark to reach profitability.
For a long time, Gilt seemed on the brink of an IPO, but it struggled to reach profitability and started scaling back, closing, or selling parts of its business and laying off employees.
Tesla will improve Model 3 production and reach profitability in the third quarter of 2020, analyst Gene Munster said.
We invest in the seed - and early - stage venture capital market via partnerships and directly invest in companies that require liquidity options or additional capital to scale and reach profitability.
The cost - cutting and rush to reach profitability could be viewed as a strategy to dress the company up for a sale.
CEO Eddie Gray's comment that this development ¨ adds confidence in our ability to reach profitability for this product by the end of 2019 ¨ is encouraging.
We help blockchain technology startups build their teams, design their digital assets and find product - market fit, connecting them with investors and potential customers to help them scale and reach profitability.
The Austin - based on - demand delivery service, Favor, announced Thursday that it has reached profitability and raised $ 22 million in venture funding.
The news that Snap wants to reach profitability this year follows two reports of layoffs at the company in 2018.
Outgoing Wesfarmers managing director Richard Goyder has defended his $ 1 billion investment in the British home improvement market, saying Bunnings UK and Ireland will eventually make a return but it will take longer than expected to reach profitability.
CEO Dominic Penaloza says about 4 % of WorldFriends members are paying for services, which certainly helped the site to reach profitability 3 years after launch.
Rebooting Tomb Raider and telling an origins story of the iconic Lara Croft was a pricey endeavor for Square Enix, taking practically all of 2013 to reach profitability.
It provides an end - to - end suite of services designed to help universities launch, market, and scale their online programs to reach profitability — and more students — faster and more effectively.
Rebooting Tomb Raider and telling an origins story of the iconic Lara Croft was a pricey endeavor for Square Enix, taking practically all of 2013 to reach profitability.
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