Blumetric Environmental Inc V.BLM

🚩The margins are way too low to make serious profits.🚩

[Dollars4Pennies]

Only 22%.

The margins were even lower for the first three quarters of 2023. The fourth quarter brought up the average to 22% to stay flat with 2022.

Ciao. Cheers.

[Angles]

Hey Dollars for Pennies, I agree 22% margins are low. Although, like you point out, they were even lower before. BLM management understands that too. In fact, currently they are only looking for quality clients/partners that can appreciate their great service and products and are willing to pay for it. Scott and Dan mentioned on the last conference call that they have been taking a very hard look