You're right.
It is not the first time I notice that with their results.
The operating leverage does not seem as strong as we could expect for this kind of business.
Quite interesting to have a look at their slide 10 for more explanations.
A lot of cost increases seem directly linked to the growth of their business.
Their main cost : compensation and benefits increased by 51 % (vs + 53 % for revenues) due to a 25 % for the number of employees, as well as sales commissions.
You're right.It is not the first time I notice that with their...
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Last
$2.58 |
Change
-0.135(4.98%) |
Mkt cap ! $7.604B | |||
| Open | High | Low | Value | Volume |
| $2.72 | $2.72 | $2.57 | $4.532M | 1.727M |
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| No. | Vol. | Price($) |
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| 36 | 59220 | $2.57 |
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| Price($) | Vol. | No. |
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| $2.58 | 1000 | 3 |
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| Last trade - 13.54pm 04/10/2024 (20 minute delay) ? |
| GQG (ASX) Chart |