I understand the business model. I asked a simple question about what the ongoing margin was. That maybe it was disclosed somewhere and I'd overlooked it. The accounts are pretty useless, at least to this simpleton, for trying to unpack numbers because the business is growing too fast and establishment fees are wrapped up in the EIR.
Sorry my question offended you.
No doubt. But with, as an example, APT, there are a few anchors that you can at least use to run some numbers. That's all I really was asking about. Not interested in building a DCF; it would be a pointless task this early in the game.
