I calculate the cost outs on THM come to c.$2m pa, so likely enough to make it profitable again. Good to see a swift move to offset the declining revenue here. Proportionally, physical product sales took more of a hit than digital subscriptions for THM. I think it is positive that the part of the business with higher margins has held up better.
I calculate the cost outs on THM come to c.$2m pa, so likely...
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