Enterprise Announces FY 2006 Results

[FailingEnterpriseAdmin]

Hello All,

Enterprise has announced the financial results for their most recent fiscal year.

http://www.failingenterprise.com/doc...YO6_Sept06.pdf

This still looks to me like they're grooming the company and public opinion for a possible IPO or spin-off.

At this point, I suppose I ought to release Failing Enterprise's fiscal year 2006 financials:

Revenue: $0
Income: $0
Profit: $0

Admin

[iriswalt]

they still need to get there accounting in order to become public

Originally Posted by iriswalt

they still need to get there accounting in order to become public

Iriswalt . . . shouldn't you be writing fake posts where you pretend to be angry customers? It really helps ????? out. He loves you for it!!

Well, I'll let you get to work. Hopefully, Admin won't erase this post before you get a chance to answer it. IF you do.....

[Tim O' Tei]

Originally Posted by iriswalt

they still need to get there accounting in order to become public

If they float, it will be interesting to see their profit margins and number of complaints.

They'd have to take on a shedload of accountants - qualified ones, not people who couldn't 'hack' rental. That would cost them a fortune, especially with Sarbanes-Oxley requirements.

[C9Kid]

????? they're not going public, get off that track. You know it because you work in the financial district (can't park a truck, remember?)....ERAC with an IPO? that's funny as shit. Andy will never give up this cash cow, it's his to control and reap the huge profits. He answers to...no one. ERAC goes public: he answers to any lowlife with enough spare cash to "own ERAC"...not gonna happen. this is a Taylor gig.

I love how all they talk about is Revenue.... It cracks me up. I would love to see how the account for there Intercompany revenue at the Corporate level. Do they actually eliminate it properly?

Also, what is the corporate EBIT and EBITDA.

External interest expense?

Also, do they discount there revenue numbers for monies written off for Customersatisfaction/Coupons (which does not role up to the revenue section of there income statement)?

Originally Posted by UnregisteredTU

I love how all they talk about is Revenue.... It cracks me up. I would love to see how the account for there Intercompany revenue at the Corporate level. Do they actually eliminate it properly?

Also, what is the corporate EBIT and EBITDA.

External interest expense?

Also, do they discount there revenue numbers for monies written off for Customersatisfaction/Coupons (which does not role up to the revenue section of there income statement)?

So do you think the numbers are fake? They dont have to disclose anything, what they share is revenue. Estimates are 700 million a year in profit do you think that is a fake number?

Originally Posted by Unregistered

So do you think the numbers are fake? They dont have to disclose anything, what they share is revenue. Estimates are 700 million a year in profit do you think that is a fake number?

How much gets stolen by employees?

[Tim O' Tei]

Originally Posted by Unregistered

So do you think the numbers are fake? They dont have to disclose anything, what they share is revenue. Estimates are 700 million a year in profit do you think that is a fake number?

Estimates aren't worth the paper they are written on.

Originally Posted by Unregistered

So do you think the numbers are fake? They dont have to disclose anything, what they share is revenue. Estimates are 700 million a year in profit do you think that is a fake number?

Any company that is truely proud of there results would list there true revenue number. With the appropriate offsets. Coupons, Customer Satisfaction, and bad debt. You can claim 7bb in revenue but if they had to list the hundreds of millions they have to write off every year that number wouldn't look nearly as impressive.

Think about those people who leave waiver on and then write it off after the fact, etc... That INFLATES revenue numbers.