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Rather than approaching profitability, the company was operating at a loss of $1 million a month.
For several months it was operating at a loss.
Although internationally recognised, with 130 employees and annual sales of $25 million, it was operating at a loss.
In the three months to the end of September the company was operating at a loss with cash of just $198,000 and a deficit of $3.3m.
According to Time Inc. executives, the decision to close the magazine after more than a decade of profitability was made because Life -- the magazine itself, not its ancillary products like books and videos -- was operating at a loss.
In other words, the publicly available data showed that the company was operating at a loss, says Mr Higson.Jack Ciesielski of the Analyst's Accounting Observer, a suddenly much-followed journal, agrees.
Similar(50)
Falling sugar prices after 1820, together with the abolition of slavery in 1848, led to a decrease in sugarcane profits and a falloff of trade until the colony was operated at a loss.
"All of my members are operating at a loss".
Lately the company has been operating at a loss.
Several, including the Guardian, Times and Independent, are operating at a loss.
This means that many funds, mainly those with hefty marketing expenses, are operating at a loss.
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