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Completely without source and no breakdown, but I read recently that their margins are in the 20-30% range.

Wonder what the margin on their e-journals are like, vs printed journals.

They get the research papers for free, the editors don't get paid ... it's such a scam, and always has been.

Well, they do need to employ a highly paid CEO... /s

Yeah and with that setup, 37% seams somehow very low. I wonder what accounting stunts they pull...