Livewire Article – Analysing results for pre-profit companies

08 Feb 2017

Cyan’s primary focus is to invest in commercially proven businesses entering or enjoying a growth phase. These businesses need not be bottom-line profitable, thus traditional earnings metrics (PE, dividend yield, ROE type metrics) can be irrelevant. However, ‘commercially proven’, for us, translates as ‘generating revenue’ and hence there are other metrics we look at closely to ascertain how a business is performing.

Full article: