Not a whole lot of kitty litter, but it's pure profit for a company that has none.
For example, the name Inside Information was a racehorse by Private Account and out of the mare Pure Profit.
That suggests that most of the 30%-to-50% toll charged by other fund managers is pure profit -- in effect, money for nothing.
Sometimes airline charges seem like a pure profit grab with poor side-effects.
In a land where the pursuit of pure profit was officially frowned upon, however, shareholders were to a large extent taken for granted.
At which point the used title is now almost pure profit.
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In investor jargon, it therefore has huge operating leverage: the initial start-up costs for hardware and software were high, but since break-even each new client's revenues have been almost pure profit.
The Keurig system has proven to be a nice employee perk and businesses are installing thousands of them, while Green Mountain also reaps a stream of pure profit from coffee roasters who pay a fee to use its K-Pack cups.
The trading week was largely driven by the news coming out of Europe, with the post-Fed rally continuing to pause over European uncertainty, some continuing poor global economic data, lowered earnings expectations, and perhaps some pure old-fashioned profit-taking into the end of the 3rd Quarter.
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Such research also represents a healthy half-step between pure academic research and for-profit development.
Now, obviously, Drum is right that the pressures to make a profit will prevent any company from being pure as the driven snow.
Carillion, which was spun out of Tarmac as a pure construction company in 1999, now makes two-thirds of its operating profit from support services and PFI investment.
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