请教做finance的同学 re M&A

Company A has $1B in revenue.

Company B has $0.5B in revenue.

A purchased B.

Does Company A revenue become $1.5B or 50% increase vs a year ago? If yes, the analysis is pretty misleading.

-babytobeast(小布) 2023-11-9
不然该怎么比较?没法区分啊。
-897102(净坛使者) 2023-11-9
我一直以为是apple to apple, 就是把2家公司合并前的financials也加在一起。看来我把读研的东东忘了。
-babytobeast(小布) 2023-11-9
Yes. Most companies will provide non-gaap comparison for major transaction. ie. without the impact of the transaction net income (or net income per share) is X.
-jeffrey815(Smartiecat) 2023-11-9
there is a term called Organic Growth to avoid the misleading growth rate caused by M&A.
-ystang(ystang) 2023-11-9
不一定,如果b是a的供应商,那么M&A之后revenue 不会增加,但synergy可能增加销售或者降低成本从而增加profit
-pastrychef(闪电) 2023-11-9