Question: Many companies do not have a solid track record of profitability. This is sometimes because of losses incurred from operations or simply because no revenues
Many companies do not have a solid track record of profitability. This is sometimes because of losses incurred from operations or simply because no revenues have been generated, such as a mining company that is searching for precious metal deposits. Tesla, Inc. for example, had only losses being recorded from operations until late 2018.
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When evaluating the value of a share in a company that has no historical profits investors often rely on alternative methods to estimate its worth Her... View full answer
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