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No. The reason is that 340 was revenue, and COGS was higher than 340. A 340k per year profit machine is easily worth a few million. Revenue != profit.
by thatthatis 13y ago
No. The reason is that 340 was revenue, and COGS was higher than 340.
A 340k per year profit machine is easily worth a few million.
Revenue != profit.
- akbar501 13y agoI never stated whether I was referring to profit or revenue. However, from the article one can infer that the entire discussion is about revenue.