OFX 1.87% $2.18 ofx group limited

can someone explain to me how employee expenses have basically...

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    can someone explain to me how employee expenses have basically doubled from $16m to $32m yet revenue has only increased by 40% and employee exps as a percentage of revenue has increased from approx. 30% to 42% from 2013 to 2014. a.

    It may be debt free but seems to have an increasing cost structure not feeding into revenue growth and seems very expensive on a 35x P/E ratio given these numbers.
 
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