>with more revenue I expected more operating profit. thoughts?
I expect that CV1 will be reinvesting in growth. They cut a few staff going into COVID so it makes sense to me they would be adding some staffing costs now to grow the business. When there is growth available it makes sense to capture as much as possible.
When it is a staid and mature business with limited growth it will make sense to manage for maximum margin.
Ann: CV1 Flash Update, page-7
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