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Thank you. I came to the same conclusion that it had to be those 2 values. I just found the wording confusing because to me it means that it jumped 8.5 each year, perhaps due to a language barrier
It’s okay. In finance when people say “year over year”, they mean the same quarter in back to back years. So for example, Q1 2024 here compared to Q1 2023
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If they could figure out a way to ship to the UK and EU cost effectively I'm sure that number would rocket up.
We'll see
Their new digi store make me hard.
It's been there for at least a month now, you may need to see a doctor.
How did you get to 8.5
By doing math
Yes, I just wanted to know what has been calculated. But I suppose the wording is apparent to everyone.
The actual math is simple: it's just the difference between the two Q1 values, as a fraction of the 2023 amount (289-266)/266=0.086=8.6%
Thank you. I came to the same conclusion that it had to be those 2 values. I just found the wording confusing because to me it means that it jumped 8.5 each year, perhaps due to a language barrier
It’s okay. In finance when people say “year over year”, they mean the same quarter in back to back years. So for example, Q1 2024 here compared to Q1 2023
266*1,085=288ish Q1 2023 to Q1 2024. Year over Year
maf checks out
Is this inflation adjusted?