RV E11 - A Look Inside the Refine Labs P&L Statement, Getting Your Next Promotion, and More | TikTok Live 19
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How Much of the Total Revenue Is Net Profit?
We spent $4.3 million on people and associated people expenses last year. Then we have fixed overhead, things like rent and other things that are you're stuck with it. You have variable overhead, which could be software, plane trips, team off sites,. That was $600,000. And so at EBITDA, that's effectively the profit of the theprofit of the business. So for ours, ours was 19, 19% in 2021.
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