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Making sense of financial statements. June 30, 2023

Motley Fool Money

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Objective Corp.'s Net Profit Margin Is 20%

A company called Objective Corp. do enterprise software for government and that kind of stuff. Their net profit margins are 20%. That's with I think zero capitalized development cost. There is nothing illegal about any of this, there is a argument to be made for both sides. But you want to understand which way are they going about it? And for my money, a company like that delivers those net margins without capitalizing their development cost is something really really special.

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