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> such high gross profit marginsIs this based on any evidence,...

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  1. nooneimportant
    371 Posts.
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    30/09/24
    12:00
    Post #: 75903246
    > such high gross profit margins

    Is this based on any evidence, or just claims from IO?

    From what I've seen, increasing revenue has historically been heavily correlated with increased cost of production (i.e. cloud costs). I suspect that the gross profit isn't as high as claimed. Of course, no real transparency on this front.
    3DP Price at posting: 4.9¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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