RE
Restaurant-Accountant.com
Company Employees
Amanda Gonzalez
Chief Financial Officer @Rising Tide Accounting
Verified
Rising Tide Accounting has continued to show a steady growth in its financial performance. The company has successfully expanded its client base by 20% in the last quarter, leading to a 15% increase in revenue. However, the operational costs have also increased by 8%, mainly due to the investment in new accounting software. The net profit margin has improved by 5%. Our cash flow remains healthy, although we need to monitor our receivables as there's a slight increase in delayed payments. The focus for the next quarter should be on improving cost efficiency and maintaining the growth momentum.More...