Thats due to 0 economic knowledge of the author. The article says 49 mil profit, which should be revenue. If you mix up such basic figures I wouldn’t trust any other ‘analysis’ of the article.
Exactly. Things like loan payments would be part of expenses, so either the $7m isn’t profit, or they have a really bad deal with their investors if they’re taking pretty much all of the profit.
Thats due to 0 economic knowledge of the author. The article says 49 mil profit, which should be revenue. If you mix up such basic figures I wouldn’t trust any other ‘analysis’ of the article.
Exactly. Things like loan payments would be part of expenses, so either the $7m isn’t profit, or they have a really bad deal with their investors if they’re taking pretty much all of the profit.