Re: Q4 Goals

From
Angie Markwell <angie.markwell@thekey.com>
To
Chen Xie <chen@thekey.com>
CC
Timothy Thomas <tt@thekey.com>
Date
Tue, 20 Sep 2022 00:09:45 -0400
Folder
INBOX
--000000000000c25ccc05e9140132 Content-Type: text/plain; charset="UTF-8" Content-Transfer-Encoding: quoted-printable Believe coming off before then. On Tue, Sep 20, 2022 at 12:08 AM Chen Xie wrote: > Tim, we can move to a separate email chain and recast you in CAD, and go > off of the ClearCare Number. We need to discuss when MavenCare will come = on > ClearCare and how we will track that number if it comes on after 10/1 > though. > > On Mon, Sep 19, 2022 at 8:49 PM Angie Markwell > wrote: > >> Agree and Brian had stated we would set it at the beginning of year and >> leave it as is for year. In this case can we set it for Q4 and leave it >> until the end of year and then start fresh at whatever it is Jan 1 2023 = for >> the year please. >> >> On Mon, Sep 19, 2022 at 9:48 AM Mitch Belitz >> wrote: >> >>> I agree with a CAD revenue goal, but that's up to Chen. If a CAD >>> revenue goal is not possible, I recommend a fixed/constant exchange rat= e. >>> >>> Mitch >>> >>> >>> >>> On Mon, Sep 19, 2022 at 6:22 AM Timothy Thomas wrote: >>> >>>> Hi Mitch, >>>> >>>> For the sake of our revenue targets, we would need a consistent >>>> exchange rate if we are to report in $USD. Our team should not be pena= lized >>>> when the Canadian dollar drops, same goes for the inverse. As per Chen= 's Q4 >>>> goal and our summer peak revenue of $596k USD, I would need to know th= e >>>> exact exchange rate applied. Conversely, it might be easier for us to = be >>>> measured against a $CAD revenue goal. Please advise. >>>> >>>> Thanks >>>> >>>> On Sun, Sep 18, 2022 at 10:19 PM Mitch Belitz >>>> wrote: >>>> >>>>> Chen, accounting uses a different rate for each day that there is a >>>>> transaction in Canadian dollars. >>>>> >>>>> >>>>> >>>>> On Sun, Sep 18, 2022 at 7:16 PM Chen Xie wrote: >>>>> >>>>>> Thanks Mitch can you confirm that=E2=80=99s the rate accounting has = been >>>>>> using the past few months and will continue to use through EOY >>>>>> >>>>>> On Sep 18, 2022, at 6:49 PM, Mitch Belitz >>>>>> wrote: >>>>>> >>>>>> =EF=BB=BF >>>>>> Hi Chen, >>>>>> >>>>>> I would use the current spot rate at $1.00 USD to $0.75 CAD. >>>>>> >>>>>> Mitch >>>>>> >>>>>> >>>>>> On Wed, Sep 14, 2022 at 11:48 AM Chen Xie wrote: >>>>>> >>>>>>> Please let us know the exchange rate finance used for Canadian to U= SD >>>>>>> >>>>>>> Sent from my iPhone >>>>>>> >>>>>>> On Sep 14, 2022, at 11:31 AM, Timothy Thomas wrote: >>>>>>> >>>>>>> =EF=BB=BF >>>>>>> Hi Chen, >>>>>>> >>>>>>> Could you please confirm the exchange rate used so that I can tell >>>>>>> my team what our $CAD revenue goals are. >>>>>>> >>>>>>> Thanks >>>>>>> Tim >>>>>>> >>>>>>> On Tue, Sep 13, 2022 at 5:27 PM Chen Xie wrote: >>>>>>> >>>>>>>> All, >>>>>>>> >>>>>>>> Please see attached the 2022 Q4 Goals content from today. Followin= g >>>>>>>> this, all future communication on this will be personalized to eac= h region. >>>>>>>> Feel free to ask me any questions directly about program design, C= Cing >>>>>>>> Melissa or Angie i

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