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by mattmerr
555 days ago
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I read parent comment "grew 35% last quarter" as (income on 2024-09-30) is 1.35 * (income on 2024-07-01) The balance sheet shows (income on days from 2024-07-01 through 09-30) is 1.35 * (income on days from 2023-07-01 through 09-30) These are different because with heavily handwavey math the first is growing 35% in a single quarter and the second is growing 35% annually (by comparing like-for-like quarters) |
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