So correcting the Bad Debt figure.. It has actually gone up from...

So correcting the Bad Debt figure.. It has actually gone up from $0.7 million (0.84%) to 5.35 mil (2.28%) . Margin is down from 8% to 7%. so 1/3 of revenue lost in bad debts.... This is serious business? .. $300 mil mkt cap... Unless Bad debt recovery improves dramatically this might take years to be a profitable model. I will look for sub 10c before buying. DYOR .. comments invited.