RustyBug
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 p.1 #12 · p.1 #12 · "2023 will be the best year [sales] in Leica’s history" | |
crhulhu wrote:
My original comment was that this is only important to “those who own Leica stock”.
Imo, that's an incredibly shallow perspective.
The "stockowners" are not the only ones who benefit from a company's success. Profitability means sustainability. Profitability means opportunities for future development. Profitability means ability to take good care of their employees. Profitability means ability to be philanthropic. Profitability means ability to take expand product offerings. Profitability means the ability to advance the product cycle. Profitability means ability to take risks. Profitability means ability to increase marketing, which in turn has the potential to increase sales. Profitability means the ability to absorb losses. Profitability means ability to advance customer service. Profitability means ability to increase reliability. Profitability means the ability to weather the ups / downs that are certain to follow. Profitability means perceptive value of the company by the consumer. Profitability provides valuation to the secondary market, too, even for those selling their Leica gear. Profitability means the opportunity to advance the broader education. Profitability means the ability to continually retain history. Profitability means the ability to retain serviceability for legacy products. Profitability means the ability to attract and retain the best and brightest in the industry to the continued development of our beloved craft. Profitability means the ability to provide security to employees. Profitability means the ability to provide more positions for more employees. Profitability means ... A LOT.
Profitability means more than just a few extra bucks to be shared with the stockholders.
Alternatively, lack of profitability is likely the number one reason for the demise of companies.
So, sure   ... it is ONLY important to these who own Leica stock. Not even remotely close, imo. It is important (or should be) to EVERYONE who owns a Leica, and is somehow vested into the Leica realm. Even those who aren't vested in Leica, should be able to acknowledge that as companies prosper, it is also a reflection of a broader indicator that relates back to the consumer, employees and the world beyond just the shareholders interest ... who, btw, are loaning the company money to be able to advance the aforementioned aspects, and share some of the risks associated with all of the above, thus they also share in the reward(s).
The lack of regard for how widely, profitability of a company impacts more than the shareholders alone, reveals the depth of (or lack thereof) consideration given to what it really means to be a good company, with a good product(s) that provides services and products to the consumer. Hopefully, the above mentioned items (and others, not mentioned) give pause to realize that there are more than just stockholders who deem profitability to be important.
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