Thank you for your explanation.
- posted
17 years ago
What is difference between run-rate and pro forma?
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- posted
17 years ago
Google is you friend!
run-rate - figures based on only part of a year eg we made 10K profit this quarter, so we have a run rate of £40k for this year.
pro forma - how much they made without exceptional costs. ie Sales £200k, expenses 120k, redundancies 30k Normal profit - 50k proforma profit £8ok