Coolpad's trailing 12-month revenue was $30.5 million as of June 30, 2023.
Understanding Coolpad's Revenue
Coolpad Group, a prominent player in the telecommunications and consumer electronics industry, generates its revenue primarily through the sale of smartphones and other related products and services. The stated revenue figure provides a snapshot of the company's financial performance over a specific period.
Key Financial Highlight:
| Metric | Value | As of Date |
|---|---|---|
| Trailing 12-Month Revenue | $30.5 million | June 30, 2023 |
The term "trailing 12-month (TTM) revenue" refers to the sum of a company's revenue over the most recent 12-month period. This metric is a dynamic figure, continuously updating to reflect the latest financial data and offering a recent view of a company's sales performance. It is distinct from annual revenue, which typically reports results for a fixed fiscal year. For companies like Coolpad, which operate in a fast-evolving market, understanding TTM revenue provides insight into their current sales trajectory and operational scale.
Financial performance indicators such as revenue are crucial for assessing a company's market position, operational efficiency, and overall economic health. For Coolpad, this revenue figure reflects its sales activity in the competitive global smartphone market leading up to mid-2023.
