The wording is a little confusing, according to the eteach website it costs £499 + VAT = £600 which is about 700 USD to place an advert. So, does Schrole charge customers 700 USD for placing their Schrole adverts on eteach, then give eteach their cut leaving Schrole with their margin/commission?
If this is the case, as I suspect, then we'll have to wait until the next financials to check on the net profit margins.
Ann: Eteach Partnership, page-5
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