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You are correct. You are not misunderstanding. NTM=2.1%NTM is as...

  1. Christos12
    3,781 Posts.
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    18/07/20
    12:06
    Post #: 45954125
    You are correct. You are not misunderstanding. NTM=2.1%
    NTM is as close to a guide for gross profit as you can get.
    GP= NTM x TTV

    You may also subtract the interest expense and bad debts to get a true GP but I don't think that is how the company states their account (a choice by the CFO)
    APT Price at posting: $67.37 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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