Bad business negative margin Revenue from resale = US$11.6M
Loss from resale = US$3.8M thus negative margin = 33% of revenue
For every $1 Largo gets from reselling V products, the company loses an insane amount of 33 cts. And that without even considering the associated SG&A expenses (Selling, General & Admin). Get the "eff" out!
The only people who benefit from this reselling business are those who earn a commission from “resales” revenue. Get rid of them too!