RE: Wawww, 6 months revenue over 45million + Cash + Dividend + No debts (( and mcap 2 million?8 Sep 2023 09:25
The margin seems low purely because they are using the gross salaries of their fee earners/workers and the actual commission earned from each one will only be a small percentage of that. When you take that figure, which would be a much more accurate revenue figure, you then have all the costs to deduct before getting to the profit.
They like to keep their commission hidden as it is commercially sensitive no doubt