Re: Q4 Goals

From
Chen Xie <chen@thekey.com>
To
Timothy Thomas <tt@thekey.com>
CC
Angie Markwell <angie.markwell@thekey.com>
Date
Tue, 20 Sep 2022 14:45:00 -0700
Folder
INBOX
--00000000000026b1ef05e922be83 Content-Type: text/plain; charset="UTF-8" Content-Transfer-Encoding: quoted-printable 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 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 wrote: > >> Tim if you can confirm we can confirm the methodology >> >> On Mon, Sep 19, 2022 at 9:10 PM Angie Markwell >> wrote: >> >>> 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 >>> 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 le= ave it >>>>> until the end of year and then start fresh at whatever it is Jan 1 20= 23 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 = 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 p= enalized >>>>>>> when the Canadian dollar drops, same goes for the inverse. As per C= hen'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 wrote: >>>>>>>> >>>>>>>>> Thanks Mitch can you confirm that=E2=80=99s the rate accounting h= as 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 woul