If the 0.7% just breaks even (e.g. just covers funding costs, bad debt, credit provisioning and opex) then it doesn't matter if 5 billion people use the product.
I'm not saying this is the case, but I'm just pointing out that you're oversimplifying the difference between 4% margins and 0.7% margins. For starters 4% is 6 times the margin of 0.7%. This kind of difference can be the difference between a $20bn company and a $2bn company, and anything in between.
It matters. AIMO
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Last
$2.40 |
Change
0.120(5.26%) |
Mkt cap ! $3.114B |
Open | High | Low | Value | Volume |
$2.35 | $2.43 | $2.25 | $56.09M | 23.76M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2000 | $2.38 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.40 | 231123 | 22 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2000 | 2.380 |
2 | 7247 | 2.370 |
2 | 5313 | 2.360 |
2 | 9000 | 2.350 |
4 | 29086 | 2.340 |
Price($) | Vol. | No. |
---|---|---|
2.400 | 7160 | 5 |
2.410 | 68184 | 5 |
2.420 | 188686 | 9 |
2.430 | 99556 | 9 |
2.440 | 156741 | 8 |
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