Burger Van is more on the money here. 2.2% is the net profit margin before OPEX and fixed expenses. It is useful in telling you APT's unit economics. 0.7% is a reasonable estimate of future accounting net profit margin.
I've sold out, was holding warrants so can't afford to hold through a trough less I get stopped out. Can see this virus and its impacts going on for months...
$50 here we come..., page-414
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