Could be loan payments, repaying investors, taxes ..
Might be.. the article is really unclear, but I really don't think it is, they already factored in 42million in charges from the 49m.. There something I don't understand with this.
Thats due to 0 economic knowledge of the author. The article says 49 mil profit, which should be revenue. If you mix up such basic figures I wouldn't trust any other 'analysis' of the article.
Exactly. Things like loan payments would be part of expenses, so either the $7m isn't profit, or they have a really bad deal with their investors if they're taking pretty much all of the profit.
Could be loan payments, repaying investors, taxes ..
Might be.. the article is really unclear, but I really don't think it is, they already factored in 42million in charges from the 49m.. There something I don't understand with this.
Thats due to 0 economic knowledge of the author. The article says 49 mil profit, which should be revenue. If you mix up such basic figures I wouldn't trust any other 'analysis' of the article.
Exactly. Things like loan payments would be part of expenses, so either the $7m isn't profit, or they have a really bad deal with their investors if they're taking pretty much all of the profit.