Abbreviations
YoY
Year on year: compared with the same period last year. The same pattern gives QoQ (quarter on quarter) and MoM (month on month).
You'll hear it as
Revenue's up 20 per cent YoY.
Why it matters to you.
Comparing with the same period last year removes seasonal swings, which is why finance prefers it.
Also called QoQ, MoM.
Videos.
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