Thanks youngc,
You’re right, he’s trying to use Q/Q, but to do that, he needs to remove the “1” in the hundreds field, as it’s not 120% growth, it’s 20% growth.
Year Apr Jul Oct Jan Total Growth
FY2018 42,719 51,320 58,046 68,459 220,544 120% 113% 118%
FY2019 80,919 92,018 105,648 121,967 400,552 118% 114% 115% 115%
Should be the following for Q/Q growth:
Year Apr Jul Oct Jan Total Growth
FY2018 42,719 51,320 58,046 68,459 220,544 20% 13% 18%
FY2019 80,919 92,018 105,648 121,967 400,552 18% 14% 15% 15%
And Y/Y growth would look like:
Year Apr Jul Oct Jan Total Growth
FY2018 42,719 51,320 58,046 68,459 220,544
FY2019 80,919 92,018 105,648 121,967 400,552 89% 79% 82% 78%
Still impressive…but will depend on what value it IPOs at if it is impressive enough.