Probably got tripped up by one of those floating day spot rates since all i
see is USD =p
On Wed, Sep 21, 2022 at 6:59 AM Timothy Thomas <tt@thekey.com> wrote:
> Got it, thanks Chen. For additional context I added the peak $CAD figures
> for each office below based on my clearcare reports as of May 1 to date.
> The total comes in slightly below your $CAD peak figure ($782,230) but the
> difference is not significant. I appreciate the move to $CAD goals.
>
> Best
> Tim
>
> On Tue, Sep 20, 2022 at 8:39 PM Chen Xie <chen@thekey.com> wrote:
>
>> Tim, it is the peak of each individual business, (plus mavencare) which
>> is naturally higher than the peak of the overall country.
>>
>> The best weeks in USD for each are:
>>
>> Toronto Region CAN $ 160,000 - $225,324
>> Montreal CAN $ 170,000 - $220,295
>> Winnipeg CAN $ 49,000 - $64,121
>> Calgary CAN $ 42,000 - $53,010
>> Vancouver CAN $ 135,000 - 168,357
>> MavenCare CAN $ 40,000 - $51,123
>>
>> On Tue, Sep 20, 2022 at 5:35 PM Timothy Thomas <tt@thekey.com> wrote:
>>
>>> How is the Summer Peak calculated? I have our highest revenue week this
>>> year registered on the week of 6/27 and totaled $749,915 as per clearcare.
>>>
>>> On Tue, Sep 20, 2022 at 5:45 PM Chen Xie <chen@thekey.com> wrote:
>>>
>>>> Great Tim. Clarifying in writing that your official calibration is
>>>> (based on .75c spot rate) CAD Goal of below. There are no other adjustments
>>>> to the other goals caused by this.
>>>>
>>>> Region Summer Peak September October November December Q4
>>>> Revenue
>>>>
>>>> Canada (CAD) $ 794,667 $
>>>> 770,000 $ 800,000 $ 830,000 $
>>>> 860,000 $ 11,022,400
>>>>
>>>> On Tue, Sep 20, 2022 at 6:01 AM Timothy Thomas <tt@thekey.com> wrote:
>>>>
>>>>> All mavencare business has been moved to clearcare effective yesterday
>>>>> therefore we are clear to move forward with $CAD.
>>>>>
>>>>> On Tue, Sep 20, 2022 at 3:03 AM Chen Xie <chen@thekey.com> wrote:
>>>>>
>>>>>> Tim if you can confirm we can confirm the methodology
>>>>>>
>>>>>> On Mon, Sep 19, 2022 at 9:10 PM Angie Markwell <
>>>>>> angie.markwell@thekey.com> wrote:
>>>>>>
>>>>>>> Believe coming off before then.
>>>>>>>
>>>>>>> On Tue, Sep 20, 2022 at 12:08 AM Chen Xie <chen@thekey.com> 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 <
>>>>>>>> angie.markwell@thekey.com> 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 <
>>>>>>>>> mitch.belitz@thekey.com> 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 rate.
>>>>>>>>>>
>>>>>>>>>> Mitch
>>>>>>>>>>
>>>>>>>>>>
>>>>>>>>>>
>>>>>>>>>> On Mon, Sep 19, 2022 at 6:22 AM Timothy Thomas <tt@thekey.com>
>>>>>>>>>> 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 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 the
>>>>>>>>>>> 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 <
>>>>>>>>>>> mitch.belitz@thekey.com> 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 <chen@thekey.com>
>>>>>>>>>>>> wrote:
>>>>>>>>>>>>
>>>>>>>>>>>>> Thanks Mitch can you confirm that’s 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 <
>>>>>>>>>>>>> mitch.belitz@thekey.com> wrote:
>>>>>>>>>>>>>
>>>>>>>>>>>>>
>>>>>>>>>>>>> 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 <chen@thekey.com>
>>>>>>>>>>>>> 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 <tt@thekey.com>
>>>>>>>>>>>>>> wrote:
>>>>>>>>>>>>>>
>>>>>>>>>>>>>>
>>>>>>>>>>>>>> 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 <chen@thekey.com>
>>>>>>>>>>>>>> wrote:
>>>>>>>>>>>>>>
>>>>>>>>>>>>>>> All,
>>>>>>>>>>>>>>>
>>>>>>>>>>>>>>> Please see attached the 2022 Q4 Goals content from today.
>>>>>>>>>>>>>>> Following this, all future communication on this will be personalized to
>>>>>>>>>>>>>>> each region. Feel free to ask me any questions directly about program
>>>>>>>>>>>>>>> design, CCing Melissa or Angie if relevant. If it's a generic question for
>>>>>>>>>>>>>>> the group, 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] <https://homecareassistance.com/>
>>>>>>>>>>>>>>>
>>>>>>>>>>>>>> --
>>>>>>>>>>>>>> Tim Thomas
>>>>>>>>>>>>>> Head of Canada Division
>>>>>>>>>>>>>> *Please note my email has changed:*
>>>>>>>>>>>>>> tt@TheKey.com <Tim.Thomas@TheKey.com>
>>>>>>>>>>>>>> (514) 591-9387
>>>>>>>>>>>>>> TheKey.com <https://www.thekey.com/>
>>>>>>>>>>>>>> [image: TheKey] <https://www.thekey.com/>
>>>>>>>>>>>>>>
>>>>>>>>>>>>>>
>>>>>>>>>>>>>
>>>>>>>>>>>>> --
>>>>>>>>>>>>> Mitch Belitz
>>>>>>>>>>>>> * Head of FP&A*
>>>>>>>>>>>>> mitch.belitz@thekey.com
>>>>>>>>>>>>> <https://brand.thekey.com/esg/mitch.belitz@thekey.com>
>>>>>>>>>>>>> TheKey.com <https://www.thekey.com/>
>>>>>>>>>>>>> [image: TheKey] <https://homecareassistance.com/>
>>>>>>>>>>>>>
>>>>>>>>>>>>>
>>>>>>>>>>>>
>>>>>>>>>>>> --
>>>>>>>>>>>> Mitch Belitz
>>>>>>>>>>>> * Head of FP&A*
>>>>>>>>>>>> mitch.belitz@thekey.com
>>>>>>>>>>>> <https://brand.thekey.com/esg/mitch.belitz@thekey.com>
>>>>>>>>>>>> TheKey.com <https://www.thekey.com/>
>>>>>>>>>>>> [image: TheKey] <https://homecareassistance.com/>
>>>>>>>>>>>>
>>>>>>>>>>>
>>>>>>>>>>>
>>>>>>>>>>> --
>>>>>>>>>>> Tim Thomas
>>>>>>>>>>> Head of Canada Division
>>>>>>>>>>> *Please note my email has changed:*
>>>>>>>>>>> tt@TheKey.com <Tim.Thomas@TheKey.com>
>>>>>>>>>>> (514) 591-9387
>>>>>>>>>>> TheKey.com <https://www.thekey.com/>
>>>>>>>>>>> [image: TheKey] <https://www.thekey.com/>
>>>>>>>>>>>
>>>>>>>>>>
>>>>>>>>>>
>>>>>>>>>> --
>>>>>>>>>> Mitch Belitz
>>>>>>>>>> * Head of FP&A*
>>>>>>>>>> mitch.belitz@thekey.com
>>>>>>>>>> <https://brand.thekey.com/esg/mitch.belitz@thekey.com>
>>>>>>>>>> TheKey.com <https://www.thekey.com/>
>>>>>>>>>> [image: TheKey] <https://homecareassistance.com/>
>>>>>>>>>>
>>>>>>>>>
>>>>>>>>
>>>>>>>> --
>>>>>>>>
>>>>>>>>
>>>>>>>> *Chen Xie*CSO |
>>>>>>>> *TheKey*650-208-2390
>>>>>>>> [image: TheKey] <https://homecareassistance.com/>
>>>>>>>>
>>>>>>>
>>>>>>
>>>>>> --
>>>>>>
>>>>>>
>>>>>> *Chen Xie*CSO |
>>>>>> *TheKey*650-208-2390
>>>>>> [image: TheKey] <https://homecareassistance.com/>
>>>>>>
>>>>>
>>>>>
>>>>> --
>>>>> Tim Thomas
>>>>> Head of Canada Division
>>>>> *Please note my email has changed:*
>>>>> tt@TheKey.com <Tim.Thomas@TheKey.com>
>>>>> (514) 591-9387
>>>>> TheKey.com <https://www.thekey.com/>
>>>>> [image: TheKey] <https://www.thekey.com/>
>>>>>
>>>>
>>>>
>>>> --
>>>>
>>>>
>>>> *Chen Xie*CSO |
>>>> *TheKey*650-208-2390
>>>> [image: TheKey] <https://homecareassistance.com/>
>>>>
>>>
>>>
>>> --
>>> Tim Thomas
>>> Head of Canada Division
>>> *Please note my email has changed:*
>>> tt@TheKey.com <Tim.Thomas@TheKey.com>
>>> (514) 591-9387
>>> TheKey.com <https://www.thekey.com/>
>>> [image: TheKey] <https://www.thekey.com/>
>>>
>>
>>
>> --
>>
>>
>> *Chen Xie*CSO |
>> *TheKey*650-208-2390
>> [image: TheKey] <https://homecareassistance.com/>
>>
>
>
> --
> Tim Thomas
> Head of Canada Division
> *Please note my email has changed:*
> tt@TheKey.com <Tim.Thomas@TheKey.com>
> (514) 591-9387
> TheKey.com <https://www.thekey.com/>
> [image: TheKey] <https://www.thekey.com/>
>
*Chen Xie