BUBB’S First Quarter as a Public Company
It’s now IPO, t + 3 months. The first quarter as a public company comes for The Sauce Company – that’s technically Q3 for BUBB because they are on a calendar year system (Q1 is Jan 1-Mar 31, Q2 is April 1-June 30, etc.) as opposed to a June fiscal year system (the year “begins” on June 1 and “ends” on May 31). Because they have only one product and a simple accounting system and because Mr. Wu is diamond-producing anal about tracking every penn...
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