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Hurray for profitability - HRAYHurray for profitability - HRAY
HappyHarry said: "Check out [url=http://biz.yahoo.com/prnews/050617/cnf004.html?.v=2]Hurray![/url]. The P/E is relatively depressed and the company is a champion profit-earner."
AlfredSokol said: "Got to love the business model. Ringtones have a lot of profit it them.
They have a 37.6% profit margin and sales grew over 200% in 2004. China is at 26% penetration for mobile, so there is a ton of room to still grow."