Graydon Moore is a Chartered Professional Accountant (CPA) specializing in financial modelling and analytics. He began his career in audit at KPMG before moving into EY's Decision Modeling and Analytics practice, where he worked at the intersection of finance and advanced data analysis. He subsequently served as a Senior Financial Analyst in FP&A roles at Sundial Growers Group and AppDirect, building hands-on experience in financial reporting, modelling, and forecasting. A recognized modelling expert, Graydon has competed in the Financial Modeling World Cup, placing in the global top 100. At Drivetrain, he writes about financial modelling, analytics, and how modern finance teams can use data to drive better decisions.
Metrics from Graydon Moore, CPA
Research and Development as a Percentage of Revenue (R&D%)
Research and development (R&D) as a percentage of revenue is calculated as the total cost of R&D (tech teams salaries, benefits, cost of their tools and equipment) divided by revenue.
Pass-through Costs
Pass-through costs are expenses you incur on behalf of customers and pass them along at the time of billing, typically at or near the actual cost. In most cases, these costs are associated with third-party goods or services that are tied to a specific client or project. The primary goal of pass-through costs is reimbursement rather than value creation. While pass-through costs are typically billed at or near cost, companies may charge an explicit and separately disclosed markup or handling fee depending on contract terms.
Revenue Run Rate
The revenue run rate is an annualized version of a company’s earnings during a shorter period (a week, month, etc.)