In June 2004, InfoSonics Corp. went public in an initial public offering (IPO), a transaction...
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In June 2004, InfoSonics Corp. went public in an initial public offering (IPO), a transaction in which a company sells its shares to the public for the first time. Per InfoSonics IPO prospectus, their Revenues increased by 40% and their Change in Accruals metric was +58%. In February 2004, Kinetic Concepts Inc. went public in its IPO. Per Kinetic Concepts IPO prospectus, their Revenues increased by 32% and their Change in Accruals metric was 48%. What might InfoSonics metric of +58% suggest / or be a hint of? What might Kinetic Concepts metric of 48% suggest / or be a hint of?
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