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Duncan Burgess, Global Finance Director

CFO News Room

Duncan Burgess’ “number one passion” in his role is people. After a few other job roles, he became UK finance director at taxi transport and technology company Gett in 2018. This meant everyone felt empowered to make the appropriate decisions to drive the company’s profitability”. “By Beginning his role at Gett.

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Employee Benefits to Offer as a Small Nonprofit

The Charity CFO

However, small nonprofits may not have access to the same resources as for-profit businesses or large nonprofits. Familial leave policies, such as maternity and paternity leave, paid bereavement for loss of a pregnancy, and allowing new parents to step away from work and focus on their new child.

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Uber Shares Sink 7.6 Pct. To Record Low

PYMNTS

Uber shares have hit their lowest level ever following devastating Q2 losses of $5.2 The company blamed the Q2 results on stock-based compensation costs, and the company said it had a per share loss of $4.72 Both those numbers were below estimates. CEO Dara Khosrowshahi said that the losses were “once-in-a-lifetime.”

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Uber Eats Adjusted Net Sales Surge 154 Pct, Freight Logs 75 Pct Gain

PYMNTS

The ride-hailing giant, extending its platform model into adjacent businesses such as freight and food delivery, is aiming to deliver a profit earlier than might have been anticipated — as in, the end of this year. billion, representing a 42 percent gain, and that number was in line with expectations. Adjusted revenues were $3.7

Sales 72
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Inventory Management in Manufacturing

VCFO

That’s because inventory is a key driver of several profit & loss (P&L) statement components, from revenue all the way down to net profit. raw material, inbound freight, internal transport costs) All conversion costs (e.g., A key measure in this area is the Finished Goods Inventory Cost.

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China’s Meal Delivery Service Meituan Now Valued At $100B

PYMNTS

Shares rose to $138 Hong Kong dollars ($17.80) following a decrease in the first quarter that wasn’t as sharp as the company predicted, and a net loss of 1.58 million yuan ($221,000) after three profitable quarters in a row. The number of transactions have fallen 18.2 percent on average.

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No Lift For Lyft Following Q1 Earnings Report

PYMNTS

But Lyft’s numbers also showed that revenue and growth have been borne atop a sea of red ink. million in the first quarter or year ago, and losses were $1.1 Adjusted results (backing out stock compensation, for example) still showed losses to the tune of $211 million, which translated to a bit more than $9 a share.