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6pack2go

10/18/18 11:29 AM

#46925 RE: EasyMoney1234 #46924

Contel only gets 50% after operating costs are paid.



Yes, I am fully aware of that... I think that is considered to be part of the 50% profit margin.... If there were no operating costs then the profit margin would be 100%..... Hmmmmmm

...but in the end the point I was trying to make is that with being at this level the farming income is very small.... If Jan were at the level that Underwood Farms was at then that would be a different story. But you have to remember it took Underwood decades to get to that level.
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NONON2

10/18/18 5:02 PM

#46933 RE: EasyMoney1234 #46924

That was the way season 1 worked. The revenue was reported by contel, not progreen. Progreen books this year's income. And last year the split was 50/50 after financing costs.

They just didn't make aNY $ last year. This year is looking much better.