Gross Margin doesn’t include Capex. Its revenue minus Cogs. In the last quarter revenue was 55.3m. Cogs were 29.5. Therefore Gross Profit was plus 25.8m which is a GM of plus 47%.
Jonathan
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Gross Margin doesn’t include Capex. Its revenue minus Cogs. In the last quarter revenue was 55.3m. Cogs were 29.5. Therefore Gross Profit was plus 25.8m which is a GM of plus 47%.
Jonathan