You got the same access to any financial report from publicly listed companies as I do. So I simply won't be going through multiple of them on your behalf.Profit margin may have gone down but revenue has increased has it not?
The market has exploded. Just a question, not a challenge, are you saying they make less revenue now than before?
Profit margin may have reduced but if revenue is sky high it counters any loss in margin from 5, 10 or 5 years ago.
I would need to see facts and figures to be convinced as i dont get that impression anyway.
For now, I will stick with my logic that the raising of RTP is born out of a desire for more profit than necessity to stay afloat. Anything else to me is just spin without proof.
But if you take Betsson Group for example. Their income after taxes in 2019 was the second lowest in a 5 year period, and significantly lower than 2015 and 2016.
I may be wrong here, but I'm confident you will see the same trend with a lot of companies.