That's why I put in "gross earnings". If its bad with gross revenue, then you is appalling with actual earnings.
If you drive revenue growth, then you can later claw back better margins. But this company does not even appear to have enough revenue growth to justify a P/E of 100.
Would you buy a company with a P/E of 100? Because it can demonstrate that there is high revenue growth. i.e. A2M.
Ann: Appendix 4C - June 2017 Quarter, page-84
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