Bottom Line: JBII Revenues per Quarter UP 236.915%
Carried out to 5 decimal places....should make everybody happy.
Revenues
Q2: $128,003 Q3: $302,275
If so, let's try this:
If you double the Q2 revenues of $128,003, you get $256,006. That's a 100% gain. Correct? Now if you increase the $256,006 by another $128,003, you would have $384,009. That's a 200% increase of the original. Correct?
You can't include the original $128,003 when calculating the percentage increase.
The correct formula is: (Q3rev - Q2rev) / Q2rev So, (302,275 - 128,003) / 128,003 = 1.3615 = 136.15%