RE:RE:And somebody help me with the math During the earnings call, somebody asked Viemed about their increased expenses. Their response:
"if you look at our margins in conjunction with first quarter to first quarter, it's not really out of bounds. We completely are confident that expenses as a percentage of revenue will be in line or likely very much better than last year."
Can somebody help with the math here? Comparing first quarter to first quarter, net profit margin declined by ~18%. This seems to me to be a direct result of the additional expenses so it is quite a bit out of bounds? Obviously, if they bring the net margin back to normal and continue growing like this, all will be forgiven. But seems like they avoided answering this question.