8 ms·
Up to 4% of the company's revenue doesn't solve much. Depending on the sector, 4% of revenue (are we talking EBITDA?) may potentially be less than a slap on the
by amonavis 8y ago
Up to 4% of the company's revenue doesn't solve much. Depending on the sector, 4% of revenue (are we talking EBITDA?) may potentially be less than a slap on the wrist, and internally middle-management will take the blame for the reduction in sales margin/operating profit.
- reitanqild 8y agoParent said revenue, not EBITDA.
- lmkg 8y agoThe above comment is almost certainly a reference to GDPR, for which the maximum penalty for malicious non-compliance is "up to 4 % of the total worldwide annual turnover." It is not net income or profit or EBIDTA or anything else that subtracts operating cost, it is revenue.