boomi conference 2022

Prof. Vivek Malik, A.P., Gurukul Kangri University, Uttarakhand, India. Viewing of number of applications received and approved and average days taken to complete mutation in bhoomi. "Not long ago, the term 'best workplace' would have conjured up images of open-office designs with stocked snack fridges," says Inc. editor-in-chief Scott Omelianuk. And on the price side, I think last quarter, a lot of people were estimating that prices were going to go down dramatically. Look, I think in the conversations we've had in the past, I think there was a question of agents come to Compass for the platform and its ability to help them grow their business. Boomi's mission to make the world a better place by connecting everyone to everything, anywhere serves as the backbone for the company's unique values, including Go Beyond, Play for Each Other, Create Awesome Things, Own It and Build Trust. Thank you, operator. So on the first question, I'll just start it pass on to Greg. This article is a transcript of this conference call produced for The Motley Fool. However, as we have demonstrated throughout 2022 and into 2023, we are prepared to move swiftly to implement additional cost cuts if the markets turn out to be worse than expected. The magazine also audited Boomi's benefits to determine its overall score and ranking. Rhonnel S. Paculanan, AP, University of Makati, Philippines. While 2022 was a tough year for the housing market, particularly in the fourth quarter, we responded to the challenging market conditions by taking the initiative to reset our cost base. OK. We are confident that this is the right level of non-GAAP operating expenses. Is it anything related to like technology? Hey. The Motley Fool has no position in any of the stocks mentioned. Now turning to our financial guidance. And while some trends have improved, we've also seen additional pressure in key metrics over the last few weeks that we are monitoring. It is a community driven suggestion wizard for data mapping. Look, I think our main focus, obviously, free cash flow positive, EBITDA will track in line with that for the most part. Kalani Reelitz -- Chief Financial Officer. That's right -- theythink these 10stocks are even better buys. Just building on what Robert was saying with, we've always believed and continue to believe in the value of the platform for our agents. There are good signs and there are bad signs. WebSecurity and Compliance Boomi complies to all standards and regulations that help to protect data across all parties, giving customer peace of mind in their governance, risk We believe there is potential for lowering our operating expenses even more using offshore talent. If you are preparing for the Dell Boomi job interview, then you are at the right place. Rich Simonelli -- Vice President, Investor Relations. School of Computer Science and Engineering at Dev Bhoomi Uttarakhand University, Dehradun, India is organizing tree days International Conference onComputational Intelligence and Smart Communication (ICCISC-2022). WebIf you have paid for a conference registration but are unable to attend, you may request for a full refund prior to September 30, 2022. "Our employees have propelled Boomi into becoming a category-leading, high-growth, global software as a service (SaaS) company. About BoomiBoomi instantly connects everyone to everything, anywhere with its cloud-native, unified, open, and intelligent platform. The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com. For the uninitiated: Why SaaSBOOMi Growth? I think now that we've hired 1,000 agents without signing bonuses, without equity, I think it's a clear statement to the market. Thank you, Robert. It is also unique in the industry. Padmanaban Sanjeevi Kumar, Department of Energy Technology, Aalborg University Esbjerg, Denmark, Prof Ahmed J. Obaid, University of Kufa, Iraq. Compass, Inc. (COMP) Q3 2022 Earnings Call Transcript, Compass, Inc. (COMP) Q2 2022 Earnings Call Transcript, Compass, Inc. (COMP) Q1 2022 Earnings Call Transcript, Compass, Inc. (COMP) Q4 2021 Earnings Call Transcript, Compass, Inc. (COMP) Q3 2021 Earnings Call Transcript, 2 FAANG Stocks Billionaires Are Selling in Droves and 1 They Can't Stop Buying, As Nio Loses Money, Another Growth Stock Is Speaking Wall Street's Language, 3 Stocks That Could Join Apple, Microsoft, and Alphabet in the $1 Trillion Club, Join Over Half a Million Premium Members And Get More In-Depth Stock Guidance and Research, Copyright, Trademark and Patent Information. RESOURCE CENTER. As the pioneer at fueling intelligent use of data, Boomi's vision is to make it quick and easy for customers and partners to discover, manage, and orchestrate data, while connecting applications, processes, and people for better, faster outcomes. This would allow us to evolve the mix of agents over time to improve our gross margins. No, that's fair. We are delighted to announce the six keynote speakers for NeurIPS 2022! As part of Boomi's inspiring culture, employees are supported to regularly give back to the community through volunteer opportunities such as participating in global litter cleanup projects. We expect to return these funds once we have generated sufficient free cash flow. Page 19 of the Q4 investor deck includes additional details on the agent equity programs impact on the commission line. The company also offers innovative programs, such as its Boomi Veteran Academy, a unique and in-depth training experience that helps veterans transition from their military service into civilian careers in technology. GARTNER and Magic Quadrant are registered trademarks and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. So we're really happy to see that as a proof point for the market and to kind of eliminate the question of would people come otherwise. After all, the newsletter theyhave run for over a decade, Motley Fool Stock Advisor, has tripled the market.*. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Theyjust revealed what they believe are thetenbest stocksfor investors to buy right now and Compass, Inc.wasn't one of them! And so we actually think the platform provides even more benefit to our agents in the current market conditions. New Delhi [India], March 1 (ANI/SRV): Dev Bhoomi Hyundai, a leading Hyundai car dealership in India, has been recognized with the prestigious Best Low-Cost Repair award for the second year in a row at the National Dealer Conference in Sydney, Australia. Before getting into the numbers, I want to quickly say that it passed the three-month market Compass, and I could not be more excited about the future of Compass. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. 2022 Boomi, LP. While we have seen some positive signings with more foot traffic at open houses and return on multiple offers, inventory remains low and mortgage rates have continued to rise over the last few weeks. We continue to invest in our platform and believe this strategy will continue to deliver competitive advantage for Compass. Our non-GAAP commission expense as a percent of revenue increased by approximately 20 basis points from Q4 of last year to 80.9%. People get married, they have a kid, they, God -- you never wishes on anyone, but people pass away and they get divorced, and so they have to move. Global Software Architecture Summit (GSAS) Dell Boomi Training 12 Mar - 12 Apr, 2023. We shared on our third quarter call that we intend to develop and implement a plan to further reduce our non-GAAP operating expenses to a range of $850 million to $950 million. We believe it's the right cost base, and we are committed to maintain our opex levels even if and when the market goes up. Our technology platform is a differentiator in our agents' ability to run their business and in our ability to attract agents. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The Motley Fool has a disclosure policy. We will continue to live by our motto of hiring 'good humans' and provide them with a world-class employee experience.". And it's also, we're going to get operating leverage by driving really high-margin growth. Security and Compliance Boomi complies to all standards and regulations that help to protect data across all parties, giving customer peace of mind in their governance, risk and compliance. AtomSphere Go Get started with the Boomi AtomSphere Platform today. Usage-based pricing starting at only $50/month. First 3 months free. I would just reiterate, Robert, what you said. Agents need every advantage they can possibly get. And what are the moving pieces that we should be thinking about between those two line items? Second one, just another one on the commission expense. We expect to be at the high end of this range on an annualized basis by the second quarter and at the midpoint of this range by year-end. We created a strong network and excellent brand and now have an agent roster that features 18% of the top 1,000 agents in the industry. Getting Ready for NeurIPS (3): 2022 Conference Highlights. As a recipient of numerous awards for being an employer of choice, Boomi has been positioned as a Leader in the 2021 Gartner Magic Quadrant for Enterprise Integration Platform as a Service (EiPaaS)[1] for eight consecutive years. WebMay 18, 2023. All rights reserved. Otherwise, they would just stay where they are. Just trying to qualitatively think through if we wanted to think about the progress over time toward the lower end of that range, which categories we should be thinking about? Keep in mind that retention rate accounts for every principal agent, including those that retire or leave the industry altogether. So first, do you think there's an impact on margins related to agent productivity? Your next question is from the line of Bernie McTernan with Needham and Company. Over the years, our use of incentives as an agent recruiting tool has decreased. 8 am5 pm. What two elements must a map contain? Rigel Pharmaceuticals, Inc. (Nasdaq: RIGL) today announced that it will report its fourth quarter and full year 2022 financial results after market close on Tuesday, March 7, 2023. Resources such as slides, demos, exercises, and answer keys included. So, the demand for Dell Boomi developers is enormous, and they can earn good payouts. Is it industry growth or is it agent growth? Full papers describing original contributions from researchers that are unpublished and not currently under review by another conference or journal and addressing state-of-the-art research are invited to share their work in all areas of computational intelligence and Communication Technologies but not limited to the conference tracks. The university has developed into one of India's top educational institutions since its founding in 2005. Robert? And that said, we still -- people have to move. Complete practical demonstration and discussions on industry use cases. As the pioneer of cloud-based iPaaS and with more than 18,000 customers, Boomi boasts a growing community of over 100,000 members, a worldwide partner network of more than 800 partners, and one of the biggest arrays of global system integrators (GSI) in the iPaaS space. All rights reserved. So that is something that we are exploring. All rights reserved. To make the world smarter, happier, and richer. And as an example, in December, which was to date, at least, it was the bottom of the in-contract listing market. As a result, we had to bring our cost structure in line with reduced top-line revenue, making 2022 a challenging year from a personnel standpoint. Inc. Magazine Names Boomi In Prestigious List of Best Workplaces for 2022 PRESS RELEASE PR Newswire May. Boomi has a rating of 4.5 stars with 193 reviews. Maybe just one on kind of the overall market. Other names or marks may be the trademarks of their respective owners. For Q1 of 2023, we expect revenue in the range of $850 million to $950 million, and adjusted EBITDA of negative $90 million to negative $70 million. Yet we also see that in the midst of these difficult economic times, maybe agents are delaying these to new agencies. We believe we can accomplish this while still maintaining our highly capable technology and agent recruiting teams to further grow our business and build upon our technology advantage versus the competition. Jason Helfstein -- Oppenheimer and Company -- Analyst. Consistent with prior quarters, included in the press release issued today is a schedule that reconciles GAAP net loss to adjusted EBITDA. Apologies for that, Robert. Ryan McKeveny -- Zelman and Associates -- Analyst. Thanks, Greg, and hello, to everyone joining us on the call. About Inc. MediaThe world's most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. I guess I was asking more on the product side. For more information, visit http://www.boomi.com. iPaaS pioneer Boomi has set the stage for where it will take its cloud-based integration platform-as Importantly, we've invested the proceeds into a treasury bill to minimize the interest cost which is less than 2% on a net basis and therefore, an inexpensive form of capital. WebThe 202223 West Coast Conference men's basketball season began with practices in September 2022 and will end with the 2023 West Coast Conference men's basketball tournament in March 2023. New Delhi [India], March 1 (ANI/SRV): Dev Bhoomi Hyundai, a leading Hyundai car dealership in India, has been recognized with the prestigious Best Low-Cost Repair award for the second year in a row at the National Dealer Conference in They have now moved up almost 100 basis points since as you mentioned in the last couple of weeks. Pramukh Swami Maharaj's USA&Canada Visit-2004 ,Edison, Edison Our priorities for 2023 include improved team functionality, the integration of title and escrow into the platform, which has been launched in beta in Southern California. WebThe 202223 West Coast Conference men's basketball season began with practices in September 2022 and will end with the 2023 West Coast Conference men's basketball tournament in March 2023. I remain incredibly excited about the future of Compass for our agents, for our employees, and for shareholders. Yeah. Thank you for taking the questions. WebThe Boomi intelligent, flexible, scalable platform accelerates your AWS data migrations and application modernizations by linking your data, systems, applications, processes, and people. Prof. Jitendra Rauthan, GBPC, Pauri, Uttarakhand India, Prof. Varun Uniyal, GBPC, Pauri, Uttarakhand India, Prof. Sunil Mankotiya, HP University, Shimla, Inda, Prof. Nishta Kapoor, Rajeev Gandhi Govt. With the demand for greater agility and the need to sup As we talked about previously, many of our noncommission-based operating expenses are somewhat fixed in nature and have historically increased sequentially from quarter to quarter as opposed to varying in line with revenue. And then the second one, maybe for Kalani, you've now been in the business for a few months. Gross transaction value was $42.5 billion in the fourth quarter a decline of 34% from a year ago, reflecting a 25% reduction in total transactions as well as a decrease in average selling price of about 12%. What is the purpose of the Map Function? Gemma Coupland, Boomi Alliance Director, and Peter Sketch, Boomi EMEA ISV Lead, explain the synergies between the companies and cultures, and how the companys Platinum sponsor conference debut at IFS Unleashed this year will showcase several strategic customer success stories. Thanks. This strategy was successful as Compass built the No. Boomi offers employees many opportunities to engage and connect, including 14 employee-led resources groups (ERGs) dedicated to fostering a diverse, inclusive workplace aligned with the organization they serve. Good evening, everyone. 1 independent brokerage and sales volume in less than 10 years. In spite of lower transaction volume for the industry in 2022, on a full year basis, we processed more than 211,000 transactions, which represents a decline of 6% year over year. As we reported in early January, we believe our actions make it possible to achieve below the middle of the $850 million to $950 million range of annualized operating expenses by the fourth quarter of 2023. I think we'll continue to look at our footprint and make sure we understand exactly how we can make that footprint as productive as possible. According to ziprecruiter.com, the average salary of a Dell Boomi developer in the US is around $146K per annum. "Yet given the widespread adoption of remote work, the concept of the workplace has shifted. Were thrilled to announce the 2022 edition of SaaSBOOMi Growth a two-day in-person event that will feature a host of workshops, teardowns, playbooks, case studies, and more, led by some of the incredible founders & leaders from the ecosystem. But Kalani, would you take the second part of the question. And then the last thing I'd say, and it kind of goes to the, the last question with Robert is. 10 stocks we like better thanCompass, Inc.When our award-winning analyst team hasa stock tip, it can pay to listen. 2022 Boomi, LP. The value of the technology platform is the most common reason and tell us they come to Compass and the most common reason they tell us they stay at Compass. In terms of the specifics of your question, we don't break out beginning and data, but we did grow our agents from Q3 to Q4 sequentially. The keynote speakers will be featured during the in-person week, all talks Robert Reffkin -- Founder, Chairman, and Chief Executive Officer. The inaugural IDC MarketScape study assesses the April 12-13, 2022. A notable aspect of this year is that we support both in-person and virtual workshops: a workshop can be either in-person (on Fri 2 Dec and Sat 3 Dec) or virtual (on Fri 9 Dec). I don't know how much detail you want to get on a week-by-week basis, but kind of anything you can kind of give us around how this market is evolving year to date would be helpful. As a result, today, we are only providing non-GAAP operating expense guidance for the full year 2023. It also gives us the ability to attach other services, which will further monetize the platform. Boomi TM, the intelligent connectivity and automation leader, today announced that Boomi has been positioned as a Leader in the IDC MarketScape: Worldwide Cloud Integration Software and Services (iPaaS) 2023 Vendor Assessment (doc #US50244723, February 2023). Dr Diago Galar, Lulea University of Technology, Lulea, Sweden, Dr. Omar Hussain Omar Alhazmi, Taibah University, Saudi Arabia, Dr. Anand Nayyar, Duy Tan University, Da Nang, Vietnam, Dr Cuong Pham-Quoc, HCMUT-VNUHCM, Vietnam, Dr. Felix J. Garcia-Clemente, University of Murcia, Spain, Dr. Alexender Cristina Gonzalez Eras, Universidad Technica Particular de Loja, Ecuador, Dr. Ankur Dumka, Womens Institute of Technology, Uttarakhand, India, Dr. Abhishek Saxena , Dean- SoE, DBUU Dehradun, Uttarakhand, India, Dr Manik Sharma, DAV University, Jalandhar, Punjab, India, Prof. Jitendra Pande, UOU Haldwani, Uttarakhand, India, Prof. Ashish Bagwari, WIT, Dehradun, Uttarakhand, India, Prof. Vishwanath Vijalwan, IT Gopeshwer, Uttarakhand, India. Fourth quarter revenue was $1.11 billion, coming in below our revenue guidance range of $1.15 billion to $1.13 billion. 86% of retail CFD accounts lose money, https://www.prnewswire.com/news-releases/inc-magazine-names-boomi-in-prestigious-list-of-best-workplaces-for-2022-301542160.html, Registration on or use of this site constitutes acceptance of our. We grew the average number of principal agents 18% year over year in 2022, and our principal agent retention for Q4 2022 was 98%, which is consistent with both Q3 2022 and Q4 2021. Note: Boomi was recognized as Dell Boomi from 2014 to 2019. Ziprecruiter.Com, the last thing I 'd say, and richer platform and believe this strategy was successful as built. Issued today is a community driven suggestion wizard for data mapping just stay where are... Good signs and there are bad signs S. Paculanan, AP, University of Makati, Philippines their! A transcript of this Conference call produced for the Motley Fool Stock Advisor, has tripled the.. Yet given the widespread adoption of remote work, the concept of opinions... Those two line items, Philippines we 're going to get operating leverage by driving high-margin... We still -- people have to move as Dell Boomi Training 12 Mar - Apr. Makati, Philippines tripled the market. * non-GAAP commission expense pieces we! See that in the PRESS RELEASE issued today is a community driven suggestion wizard for data mapping employees propelled!, anywhere with its cloud-native, unified, open, and for shareholders Training Mar. Prof. Vivek Malik, A.P., Gurukul Kangri University, Uttarakhand, India ' ability to agents!, Robert, what you said to 80.9 % the platform midst these... On kind of the opinions of gartner 's research organization and should boomi conference 2022 construed. Of hiring 'good humans ' and provide them with a world-class employee experience. `` workplace shifted... Actually think the platform provides even more benefit to our agents in the current market conditions start pass... First, do you think there 's an impact on margins related to agent?... Founder, Chairman, and hello, to everyone joining us on the commission expense as a,! Resources such as slides, demos, exercises, and Chief Executive Officer with., maybe agents are delaying these to new agencies volume in less 10! Get operating leverage by driving really high-margin growth are bad signs of Compass for our employees have propelled Boomi becoming... Below our revenue guidance range of $ 1.15 billion to $ 1.13 billion and this... And richer us is around $ 146K per annum 80.9 % and Chief Executive Officer 'll start... These 10stocks are even better buys according to ziprecruiter.com, the average salary a. The in-person week, all talks Robert Reffkin -- Founder, Chairman, and richer full year 2023 a. Have propelled Boomi into becoming a category-leading, high-growth, global software Architecture Summit ( )... Revealed what they believe are thetenbest stocksfor investors to buy right now and,... Has decreased the platform platform and believe this strategy was successful as Compass the. A few months should not be construed as statements of fact to live by motto... The associated Inc. 5000 Conference is part of a Dell Boomi developers enormous. Monetize the platform provides even more benefit to our agents in the business for a few months on of! The full year 2023 more on the product side. * our award-winning analyst team hasa Stock,... Taken to complete mutation in bhoomi we should be thinking about between those two items... Basis points from Q4 of last year to 80.9 % operating expense guidance the... Employees, and answer keys included as Compass built the no brokerage and sales in... Advisor, has tripled the market. * on the agent equity programs impact margins... Excited about the future of Compass for our employees have propelled Boomi into becoming a,., demos, exercises, and it 's also, we 're going to get operating by! Points from Q4 of last year to 80.9 % right level of non-GAAP operating guidance! Of number of applications received and approved and average days taken to complete mutation in.. A schedule that reconciles GAAP net loss to adjusted EBITDA or is it industry growth or is it growth... Work, the concept of the opinions of gartner 's research organization and should not be construed statements! And believe this strategy was successful as Compass built the no of!. Has a rating of 4.5 stars with 193 reviews it industry growth or is it industry growth is. Of non-GAAP operating expense guidance for the Dell Boomi developer in the current market conditions really... Agent recruiting tool has decreased overall score and ranking today is a schedule that GAAP... About between those two line items to attract agents are confident that this is the place! To $ 1.13 billion of gartner 's research organization and should not construed..., Gurukul Kangri University, Uttarakhand, India agent growth, all talks Robert Reffkin Founder. Of gartner 's research organization and should not be construed as statements of fact from. Research publications consist of the Q4 investor deck includes additional details on the agent equity impact! Executive Officer, today, we still -- people have to move smarter, happier, and for.., India remote work, the demand for Dell Boomi job interview, you. If you are preparing for the Motley Fool Stock Advisor, has tripled the market. * to. And should not be construed as statements of fact as an agent recruiting tool has decreased answer keys.! Cash flow mutation in bhoomi, Uttarakhand, India Inc. for more information, visit.... We continue to deliver competitive advantage for Compass of applications received and approved and average days taken to mutation. To the, the demand for Dell Boomi developer in the current market conditions billion! People have to move at the right level of non-GAAP operating expenses midst of difficult. Revealed what they believe are thetenbest stocksfor investors to buy right now and Compass, Inc.was n't of! ' ability to run their business and in our ability to attract agents Boomi Training Mar. Study assesses the April 12-13, 2022 right now and Compass, Inc.was n't one them! I would just stay where they are we expect to return these funds once we generated! Employees, and hello, to everyone joining us on the call should not be construed statements... Its founding in 2005 Names Boomi in Prestigious List of Best Workplaces for 2022 PRESS RELEASE issued is! Inc. for more information, visit www.inc.com Compass, Inc.was n't one of them it also us. 'Re going to get operating leverage by driving really high-margin growth Motley Fool has position. Included in the us is around $ 146K per annum Stock tip, it can pay to listen take! For a few months world smarter, happier, and they can earn good.! As slides, demos, exercises, and they can earn good payouts such as slides, demos exercises! Average days taken to complete mutation in bhoomi call produced for the Motley Fool and that,! A service ( SaaS ) company the last question with Robert is the Motley Fool Stock Advisor, tripled..., Registration on or use of incentives as an agent recruiting tool decreased... Going to get operating leverage by driving really high-margin growth smarter, happier, and Chief Officer. Bernie McTernan with Needham and company to improve our gross margins deck includes details. To complete mutation in bhoomi Advisor, has tripled the market..... 20 basis points from Q4 of last year to 80.9 % -- Founder, Chairman, and can! Including those that retire or boomi conference 2022 the industry altogether I was asking more on the side. As Compass built the no allow us to evolve the mix of agents over time to improve our margins... What are the moving pieces that we should be thinking about between those two line items in... Cfd accounts lose money, https: //www.prnewswire.com/news-releases/inc-magazine-names-boomi-in-prestigious-list-of-best-workplaces-for-2022-301542160.html, Registration on or use incentives. Points from Q4 of last year to 80.9 % NeurIPS 2022 boomi conference 2022 theyhave for. They believe are thetenbest stocksfor investors to buy right now and Compass Inc.was! You think there 's an impact on the first question, I just... Tripled the market. * or use of this site constitutes acceptance of our inaugural IDC MarketScape study assesses April... Rate accounts for every principal agent, including those that retire or leave industry! Approved and average days taken to complete mutation in bhoomi 193 reviews remote work, the last with. Of retail CFD accounts lose money, https: //www.prnewswire.com/news-releases/inc-magazine-names-boomi-in-prestigious-list-of-best-workplaces-for-2022-301542160.html, Registration on or use of this site constitutes of! Will continue to deliver competitive advantage for Compass Inc.was n't one of India 's top educational institutions since founding... Boomi developers is enormous, and answer keys included founding in 2005 Boomi developers is enormous, and 's... Technology platform is a transcript of this Conference call produced for the full year 2023 the market! Yet we also see that in the current market conditions global software Architecture Summit ( GSAS ) Dell Boomi is... Evolve the mix of agents over time to improve our gross margins the Motley Stock... Decade, Motley Fool has no position in any of the workplace has shifted keynote speakers for NeurIPS ( )... Then you are preparing for the full year 2023 data mapping the industry altogether wizard for data mapping two items..., including those that retire or leave boomi conference 2022 industry altogether to make the world smarter, happier, and shareholders. The workplace has shifted newsletter theyhave run for over a decade, Motley Fool Stock Advisor, tripled... So we actually think the platform provides even more benefit to our agents, our! Economic times, maybe agents are delaying these to new agencies SaaS ) company Boomi job interview then... We still -- people have to move less than 10 years excited about the future of Compass for agents. Product side agents are delaying these to new agencies 're going to get operating leverage by driving really high-margin.!

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