Re: Q4 Goals

From
Mitch Belitz <mitch.belitz@thekey.com>
To
Timothy Thomas <tt@thekey.com>
CC
Chen Xie <chen@thekey.com>, Amanda Hansen <phansen@homecareassistance.com>, Angie Markwell <angie.markwell@thekey.com>
Date
2022-09-19 06:48:07
Folder
INBOX
--00000000000046eddf05e907f869 Content-Type: text/plain; charset="UTF-8" Content-Transfer-Encoding: quoted-printable 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 rate. 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 penalized when t= he > Canadian dollar drops, same goes for the inverse. As per Chen's Q4 goal a= nd > our summer peak revenue of $596k USD, I would need to know the exact > exchange rate applied. Conversely, it might be easier for us to be measur= ed > 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 bee= n 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 USD >>>> >>>> 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. Following >>>>> this, all future communication on this will be personalized to each r= egion. >>>>> Feel free to ask me any questions directly about program design, CCin= g >>>>> Melissa or Angie if relevant. If it's a generic question for the grou= p, and >>>>> you feel others may benefit, feel free to use this chain as well. >>>>> >>>>> Strictly, no material on this chain may be shared outside of this >>>>> distribution group, in electronic, printed, or quoted form. >>>>> >>>>> Best, >>>>> Chen >>>>> >>>>> >>>>> -- >>>>> >>>>> >>>>> *Chen Xie*CSO | >>>>> *TheKey*650-208-2390 >>>>> [image: TheKey] >>>>> >>>> -- >>>> Tim Thomas >>>> Head of Canada Division >>>> *Please note my email has changed:* >>>> tt@TheKey.com >>>> (514) 591-9387 >>>> TheKey.com >>>> [image: TheKey] >>>> >>>> >>> >>> -- >>> Mitch Belitz >>> * Head of FP&A* >>> mitch.belitz@thekey.com >>> >>> TheKey.com >>> [image: TheKey] >>> >>> >> >> -- >> Mitch Belitz >> * Head of FP&A* >> mitch.belitz@thekey.com >> >> TheKey.com >> [image: TheKey] >> > > > -- > Tim Thomas > Head of Canada Division > *Please note my email has changed:* > tt@

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