Marcus Lemonis speaks out
Huummmmmmmmmmmmm :H Article speaks volumes RV Daily Report
Forum Discussion
fla-gypsy wrote:
wait how did he generate $3.5B in revenue?
Once again this "discussion" is getting a bit out of hand.
Indeed some on here are brain dead but often not those that you might think.
You cannot judge a business enterprise only on revenue, no matter how big that number is.
What are the expenses ? And the net income and net worth ??
And what are the unfunded liabilities (loans, leveraged buildings and equipment, etc).
Edit: I read the IPO article provided. The complete financials should be available now....or certainly within the next 6 months for anyone who cares. Just from the figures in the article, it looks like the stock buyers now share ownership of almost 700 MILLION in long term debt.
I wonder what rating the major players (like S&P) gave the initial offering ?
