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Re: reading post# 323

Wednesday, 06/05/2024 10:55:16 AM

Wednesday, June 05, 2024 10:55:16 AM

Post# of 325
I asked the company about this revenue, if there is some margin to be earned on this.

"In terms of your question, the margin on this flow through, or parts business is really nominal or non-existent. That was one of the reasons why we wanted to break it out. Now we do make margin on servicing in relation to these parts which would be in our regular disclosed service margins."

Accounting wise it has to be declared as revenue. but as they don't earn on that revenue they set it separate, which makes sense to me.
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