TSXV:RHT.H - Post by User
Comment by
theinvestor22on Mar 06, 2023 3:01pm
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Post# 35322003
RE:RE:Also about gross margin...
RE:RE:Also about gross margin...qwerty, I think you're asking whether or not the GM% is leveling off? If that's your question, then I have two thoughts on that. Fistly, a 62.4% GM is really good for revenue that's a blend of SaaS and devices. And, it should naturally go up as SaaS revenue as a percentage of total revenue increases. So, I'd be happy with that. Secondly, the company says its GM% will be going up due to pricing issues with device suppliers that are now resolved. That remains to be seen, but still, I like where it's at now.