Thanks for the link. There's not much of an argument here from Ed, though, besides that it's an unusual way to view or report margins.
But it's not that unusual, right? If I build a house this year and sell it next year, the house might still be profitable even if next year I'm building 3 more houses, so the company as a whole is still in the red on an annual basis.
I mean, I'm not a financial expert but that doesn't seem all that unusual to me.
But it's not that unusual, right? If I build a house this year and sell it next year, the house might still be profitable even if next year I'm building 3 more houses, so the company as a whole is still in the red on an annual basis.
I mean, I'm not a financial expert but that doesn't seem all that unusual to me.