Looks like you nailed it . I understand there are problems with classifying the revenues to the correct category . As an investor all I want to know is how much beef (meat), fertilizer and feedstock ...they sold last year and how much growth can I realistically expect this year and next year. So I believe we can say they made 1.5m beef sales last year and the balance of 13.7m rev was all fertilizer and feedstock sales mostly to their farmers, correct? If they can sell 5000 cattle heads this year for about 22m, that's an astronomical change.
In order for them to do 145 m rev this year I would expect about 28 m rev from all the other sales within the beef division,mainly services maybe 10m and the balance from sales of fertilizer and feedstock. Not sure if sales of value added beef meat to the restaurants, distributors and retail fit into this division or not, I guess not. Objections?