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by jcampbell1
5166 days ago
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It is uncommon in most industries, but quite common in pharma and theoretically possible in tech. I am not in front of a bloomberg terminal, but off hand I believe Google doubled its quarterly revenue in 1 year. Something like $800M-> $1.5B and added just 2000 employees[1]. That is why the stock went from $110->$400 in the first year of being public. It is not uncommon for small pharma companies to have 1000% increases in revenue with little cost increase, especially if the companies don't manufacture or do marketing and just take royalies from big pharma. [1] My memory is not perfect, but I was invested at the time and paying close attention. I remember being blown away that their revenues doubled and they only cost they added to the business was mostly non-search related activities. |
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