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NetSuite Inc. Message Board

  • onebase onebase Apr 26, 2013 2:42 PM Flag

    What is NetSuite real revenue?

    Accenture sells NetSuite product/service for $100, Accenture charges NetSuite between $50 and $70 for selling the product. NetSuite books $100 as their own revenue so does Accenture since they did the sale. NetSuite Total revenue: 91,629; Sales and marketing: 46,752 So the real revenue is around $45M
    I'm not even touching "Total cost of revenue: 29,645", which is a different item from "Product development:16,650" and "General and administrative 11,745"
    So kids, do the math and smell krispy kreme donuts

 
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