Thursday, January 31, 2019 1:07:46 PM
1. The gross margin is not 12.6%, it´s 16.3%. You can see it in Q3 Fiscal 2018 Results PR:
2. Those financial results still included financial information incorporating the legacy RealBiz operations.
3. In Q2 Fiscal 2018 Results PR the company stated it is shifting from wholesale to retail to improve margins
4. It is normal to have lower margins when a company is starting. They improve with growth because of economies of scale.
5. There are businesses that generate earnings mainly leveraged on margins, others mainly leveraged on volume.
VRUS
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