No more labour intensive than SKO.
I can't get over this perception that PLX has such horrible margins. In the first half EBITDA margins were 17.5%, which is ahead of SKO.
PLX have increased their headcount mainly in wages on developers, and still capitalising only 3m a year. They generate positive operating cash flow so unlike unprofitable businesses investors know they won't feel the pinch as much.
In terms of the virus it may have a little impact on the transaction volumes, but can't see Mcds stopping the roll-out.
IMHO SKO is operating in an industry more affected by the virus and cost cutting and it's over 3x the MC of PLX.
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ShareLast edited by healthyinvestor: 06/03/20Price at posting: 75.0¢ Sentiment: Buy Disclosure: Held
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