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The only way they have to sustain $277 million in expenses is if those are fixed costs. I suspect that a lot of them are variable costs that are dependent upon
by robjohnson 15y ago
The only way they have to sustain $277 million in expenses is if those are fixed costs. I suspect that a lot of them are variable costs that are dependent upon a few scaleable independent variables. That being said, their profit margin does seem unnervingly low.
- InclinedPlane 15y agoThey're expanding like crazy, you'd expect them to be plowing what ever they're making back into hiring and new projects.