$FPAY having read the 10K and 10Q, you need understand that the company has significant marketing cost on 4Q and benefits from that is realized in following year. The sales growth was in line with expectations from previous quarter to quarter growth. One thing I didn't like is that their marketing expense this quarter and prior quarters are significantly lower than previous quarters which make it seem like the bottom line way better than it may have been as earnings were smoothed.. The sales are also dependent upon estimates of uncollectable sales and that is very subjective
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