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SmallCaps55

08/27/24 5:02 PM

#8370 RE: TheEdgeRocks #8369

Although on paper, that look ridiculous, this is actually less than their previous contract. The previous contract was 31.5% of revenue. This is 30% of cash, meaning the cash after gross margin, SGA, etc. So with this contract it's a meaningful cut. Still too much in my opinion, but they are doing a great job at running the country and growing revs/profits.