This is revenue not profit. They need to pay their operating costs with these funds. Their operating costs are probably pretty high considering their global network and distribution. Hiring more people would likely have a minimal impact on their operating costs and each new person may not contribute much to their revenue considering their business model.
They probably should hire more people and reduce profits. But you can’t just hire anybody and that’s a lot of work.
This is revenue not profit. They need to pay their operating costs with these funds. Their operating costs are probably pretty high considering their global network and distribution. Hiring more people would likely have a minimal impact on their operating costs and each new person may not contribute much to their revenue considering their business model.
Didn’t catch that, thanks. What is their actual profit before personal cost?
They are a private company, so they don’t have to disclose that.
Profit is always after all costs, including personnel.
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why?
In order to provide more goods and services to their customers to entrench their position.