Frequently Asked Questions

Financial Metrics

What does "MM" mean in the report?

MM is the abbreviation for millions. When the report says "$16.1 MM" it means 16.1 million pesos ($16,100,000), not billions.

It is used so large figures can be compared at a glance, without counting zeros. Executive summaries use MM while detailed tables show the full figure.

Example: the report's summary card shows "Total June Revenue $16.1 MM". It is exactly the same number that appears as $16,123,304 in the operating revenue table.

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What does "MM" mean in the report? | FAQ | Circular Urban