Let’s start with the 10,000-foot view of Evolution’s quarterly sales.
Thanks for sharing.! I would like to ask that are these achieved margins stable?
Hi there. Yes, the future of these extraordinary margins is an important question.
On the one hand, the operating leverage achieved via the unique scale in Live means that they may potentially be defensible despite competition.
However, I explored a few factors that can chip away from the margins in the coming years in my latest post: https://gnufs.substack.com/p/evolutions-annual-review-part-deux
Hope it helps!
Thanks for sharing.! I would like to ask that are these achieved margins stable?
Hi there. Yes, the future of these extraordinary margins is an important question.
On the one hand, the operating leverage achieved via the unique scale in Live means that they may potentially be defensible despite competition.
However, I explored a few factors that can chip away from the margins in the coming years in my latest post: https://gnufs.substack.com/p/evolutions-annual-review-part-deux
Hope it helps!