Member services and fulfillment costs
as a percentage of revenue decreased in 2008 to 7.2 % from 7.6 % in 2007.
Not exact matches
HPFS gross margin
decreased for the three and nine months ended July 31, 2011 due primarily to lower portfolio margins from a higher mix
of operating leases and higher transaction taxes, the effect
of which was partially offset by higher margins on lease extensions and lower bad debt expense
as a
percentage of revenue.
The increase for the nine months ended July 31, 2011 was due primarily to a
decrease in operating expenses
as a
percentage of revenue, partially offset by a
decrease in gross margin.
The
decrease in gross margin was the result
of lower portfolio margins from a higher mix
of operating leases and higher transaction taxes, partially offset by higher margins on lease extensions and lower bad debt expense
as a
percentage of revenue.
The
percentage of tax
revenue from each citizen that goes to paying interest on debt will keep rising
as the population
decreases.
Net
revenue from physical retail and other channels
decreased as a
percentage of total net
revenue to 64.6 % for the three months ended December 31, 2015,
as compared to 71.8 % for the same period in the prior year.
However, our operating losses have been
decreasing as a
percentage of revenue over time
as revenue growth has outpaced operating losses.