The Bodog casino has had enough time at hand to bring its casino and sportsbook offerings to perfection. Super affiliate – $100k+ per month. Affiliate marketing companies raised over $1. The base commission they can earn is 25%, which can go up to 45%. the taxpayer must meet an equity ownership requirement with respect to the entity. Follow the following steps while registering with the casino affiliate program:-. The poker 3 cards game is described as a poker-style casino game in which the player will play against the dealer. Commission Details. Additionally, Spinaru Partners has quality affiliate marketing materials that you may use to entice website visitors to your company. Income88 Affiliates; Haz Casino Affiliates; vCommission Affiliate; ZeePartners; Betobet Partners;. Gaining between 6-10 customers sees this increase to 30%, 11-20 goes up to 35%, and. Final Words: BetMGM Partners Review. Proceed with our BigWin Affiliates. We will examine its impressive games library, functionality, security, all the features, casino bonuses, and more in this BC. Filter. Cisco today reported second quarter results for the period ended January 28, 2023. com is an online affiliate program for its brands: HAPPYLUKE, LIVE CASINO HOUSE and HACHISLOTS. This gambling system has developed its software, which helped launch an ever-growing web-based casino. In about 55% of cases, revenue share is the most popular advertising affiliate model in the gaming industry. The casino affiliate program is focused solely on building long-lasting and valuable collaborations by helping partners maximize their results and quickly. With thousands of partners worldwide, FocalClick is one of the top affiliate networks for online casino affiliate marketing and gaming on the Internet. It provides some of the greatest incentives in business and also conducts tournaments. We, as one of the best affiliate program in Asia. View more. It has a hybrid commission plan, tiered revenue sharing of 25% – 35%, monthly payments, and unlimited earning. If the revenue crosses $50,000 a month, the affiliate earns 45% of their casino NGR. The TrueBet Affiliates program is True Fortune casino’s official affiliate program. The price ranges from $25 to $35 per player. The affiliate’s revenue is calculated using the following formula: Total company sales * RevShare ( percent ) Example (25 percent RevShare): 10,938. 777 Casino Affiliate Program. V. The online casino is highly committed to the safety and security of users’ funds and data. $10. The base rate is 25%, but if you negotiate with your affiliate manager, you can ask for an increase of up to 45% in rev share based on the below table: Net Gross Revenue. Read our 888Starz Partners review to know more about it. Step 2: Within 24 hours, the user will get a response from the affiliate team of the MegaRush affiliates’ website. Their professional team meets all expectations providing necessary tools, full support and a luxurious compensation system that ensures mutual prosperity. NOV Inc. $30,001 to $55,000. Every new recommendation made through the program will earn you a 40% reward the first month. It offers commissions upto 50% of revenue share, depending on the player’s. mBit casino offers one of the best partner programs in the industry. 3 Billion in 2023 globally and $15. com rewards our affiliate partners with massive net revenue shares. 35%. The Affiliate Program of Oshi Casino is a good way of securing a commission of up to 50% of the casino revenue. €3000. Win 6,888 Get Extra 88. STS Affiliates is equipped with a. The commission rate increases to 35% for new players between the ages of 10 and 19. Some basic features of the TrustDice Affiliates Program is provided below:-Real-time Status: The affiliates will always view up-to-date, precise data since your statistics are updated in real-time. In the cost per acquisition model, the base revenue starts at $50 and goes as high as $300 as the number of players rises. What can I do about being spammed by an affiliate? Income88 is committed to both preventing and dealing with any issues associated with spamming by our affiliates. Supercharge your website with new passive revenue streams. From our Branders Partners review, we can say that affiliates can earn between 25% to 40% at the casino in the form of revenue share. The 24/7 customer support is another sigh of relief for the players on G’day casino. It starts with 25% and goes up to 50% with a max revenue cap. 10/5; MaxBet Affiliates 4. The most popular commission option, Four-tiered Revenue Share, offers affiliates revenue share earnings starting at 25% and rising to 35%. The first opportunity is their CPA offer, which allows you to make up to $35 for each person who signs up for a monthly subscription using your affiliate link. In a nutshell, the online Genesis casino review pages enjoy the maximum share of public opinion. You are benefitted by high-level commission payouts and revenue offers;. Until then, your revenue share is 25%. 37. Slots. 25%. Diluted earnings per share on an adjusted basis, a non-GAAP measure, were $0. It uses high-security algorithms such as SSL Encryption technology and provably fair games to ensure complete transparency. Aussie Play casino pays a flat 45% revenue share to every affiliate who can bring effective traffic via the referral link they share onto the casino’s platform. Affiliate Program at Fruitkings Casino . Through this particular commission module, affiliates may make up to USD 50 per participant. Wave Affiliates puts new affiliates on a regular net revenue-sharing plan and pays them a lifetime. Moreover, affiliates can seek help from a dedicated affiliate manager who will help them market the casino, seek referrals, and win huge funds. Affiliates can get anywhere from 25% to as much as 50% share of the net revenue their referred players are able to generate for the online casino brands (rates are dependent. Date. 83 * 0. 45%. 2 million, up 7. Income88 Key Features. For instance, if you earn $100,000 in total and need to pay tax on roughly $80,000 after all adjustments and deductions, the IRS will levy a 22% tax on your royalty income for 2020. Revenue: 9% to 10. The affiliate program at Playluck has a flexible payout system based on traffic channels and quality. December 2019 when Flutter acquired the 37. Income88 ทำคุ้กกี้ให้กับพันธมิตรทั้งหมดจากเว็บไซต์ของ Income88 แต่คุ้กกี้เหล่านั้นจะทำให้ก็ต่อเมื่อผู้ใช้เหล่านั้นเข้าร่วม. It provides some of the greatest incentives in business and also conducts tournaments. Step 1: Open the official site of Roketpot. Best Affiliate Programs. Cost of revenue as a percentage of net revenue was 18% for the third quarter of 2023. Both the mobile and desktop versions of the casino boast of easy navigability and user-friendly features. 5%, Fully Diluted GAAP Earnings Per Share $0. 10/5; Vamos Affiliates 4. Bitcoincasino USA has thus garnered popularity as it. The commission fee for payment systems is 10%. Step 2: Click the Join Now button in the top right corner. so getting a slice of the market share will be tough. From our in-depth assessment of Royal Partner, this is a dedicated affiliate program that values its partners, projects, and reputation. For marketers to always feel secure while promoting brands, the revenue sharing model gives up to 40% on revenue shares and has no negative balances carried over to consecutive months. In case of a breach by the Partner Company of clause 3. Meanwhile, they can boost it to a maximum of 45% when they invite more than 300 new players. The Draftkings Affiliate Program offers its affiliates a revenue-sharing plan and a CPA deal mode. Sub-affiliate revenue share of 2% is also featured. us. As a result of one-time items, including Radisson Hotels Americas integration. The program has a robust rewards system and great revenue-sharing commissions. Income88 Affiliate Agreement General Provisions. All future brands will be treated separately so one result will not affect the other. Rewards Affiliates offers probably the widest selection of network linked casino brands. Every new recommendation made through the program will earn you a 40% reward the first month. The commission is calculated based on the company revenue, minus promotion bonuses, financial fees, and company expenses fees. Q4 2021 GAAP revenue $1,294. This casino’s affiliate program is represented by WolfPack Partners, which is known as the best casino affiliate program. lv Affiliate Program Becoming a casino affiliate will be a great option if you want to multiply your earnings from casino games. Revenue share is the standard and the most popular partnership model at the 7StarsPartners casino. AffiliStars pays these sub-affiliate commissions as a monthly fee equivalent to a predetermined proportion of all direct sub-affiliate revenues. 77 in Q3 of 2021. 30%. This ratio has now been set at a staggering 35% of net revenue!The commission is computed and paid monthly and may be accessed by Neteller, Skrill, WebMoney, QIWI, Yandex, or a player account. today reported second quarter 2021 revenues of $1. The license was issued in 2018. Revenue Giants offers three compensation schemes that will ensure profit maximization: revenue share of up to 40%, CPA of up to $200, and a mix of these two. Guides; About Us; Home Best Affiliate Programs Income88 Affiliates. Bodog is one of the oldest online casinos and sportsbooks in existence today. 0. See ratings by other affiliates and view affiliate program details, see all the associated brands, and contact the affiliate manager. The Tiered Rewards Affiliates Revenue Share concept has three levels. The Mayor of Wood Village, in Oregon, is making all efforts to get approval to open a casino in the city. 45% for FTDs of 51 and above. Funding, Valuation & Revenue. 95/month and one-time payouts starting at $65+, the cost barrier is low, and the commissions are high. From the moment you sign the contract, your first target is 5,000 in deposits. The second highest taxed revenue is generated from personal and corporate taxes, which totaled $1. Forgotten Username or Password? Unsubscribe from emailsSkyCrown Affiliate Program With a Revenue Share plan of up to 45 percent, the SkyCrown Affiliate Program became well-known in the iGaming industry. Additionally, if you have 21 to 40 invites who deposit money into their new player accounts, you will receive a 30% rev share. Of course, when it comes to looking at any affiliate programme, one of the first things to consider is the revenue share. 6 billion ( US$490 million ) from the same period in 2022 and increased by 21% from the previous quarter, primarily due to an increase in product development. Cost of revenue as a percentage of net revenue was 18% for the third quarter of 2023. Thereafter, you will receive a 25% incentive based on the referral’s net revenue. SuperiorShare, which has been in business since 2006, is one of the most ambitious online casino affiliate networks. The games are powered. Revenue Share. Lifetime revenue. Betmaster casino also rewards gamblers for loyalty with special Betmaster bonuses such as loyalty-free spins. The first 5 customers of the month see partners being rewarded with 25%. Payout Details Megapari Partners Review 2023 – Network, Offers, and Affiliate Program. Commission details. 10/5; Vamos Affiliates 4. All existing players can be a part of Bodabet, share success, and earn money through the following three steps:-Total Member Loss (USD)Contact Email info@income88. Additionally, there is no negative carryover, which is a huge advantage for all partners. Turbo Vegas Affiliates; Income88 Affiliates;. However, there is a negative carryover from one month to another. Commission Details. Meanwhile, they can boost it to a maximum of 45% when they invite more than 300 new players. Income88 Affiliates. $1,001 to $30,000. For an entity to be a foreign affiliate of a taxpayer resident in Canada: the entity must be a corporation, the entity must not be a tax resident of Canada, and. Income88 Affiliates compensates its partners through a revenue sharing scheme. Revenue Share. For BetOnline. Lucky Dreams upholds the principle of responsible gambling by prohibiting underage gambling on the site. Referring an Affiliate. Product development expenses for the third quarter of 2023 increased. If an affiliate fails to generate revenue for 6 months, the share will be decreased to 15%, and if the affiliate fails for 12 months, the share will be only 5%. The games are powered. New affiliates can benefit from a 50% revenue share promotional offer for their first three months in the programme. They provide a revenue share scheme that divides a percentage of the players’ net winnings that you refer to as True Fortune casino. $1 to $1,000. 71. It uses high-security algorithms such as SSL Encryption technology and provably fair games to ensure complete transparency. This structure offers CPA and hybrid deals on request. Showing 1–16 of 438 results. NOVOMATIC turns heads at G2E in Las Vegas; World Series of Poker (WSOP) concluded with 33 winners;Income88 Affiliates; Haz Casino Affiliates; vCommission Affiliate; ZeePartners; Betobet Partners;. The affiliates get paid on the revenue share, CPA, or hybrid deal basis. Despite being a new online casino, Megaslot is an excellent online casino fully devoted to its customer base. Step into the rosy pink and white world of Pink Casino and get lost in the pink sea of bonuses and promos. User login. These partnerships are customizable and can be supplemented depending on your needs. BetMGM program’s unique revenue sharing and commission structure strives to meet every earning need of its associated partners and affiliates. Wonderos Weekly Bonus. No sub-affiliate program yet. 96; Non-GAAP: $3. What strengthens this statement is the fact that the gaming revenue for Atlantic City is way above $500 million. Investors. Revenue share in percent. Cons. For 0 to 15 first depositors, the commission is 45%. io is the fastest-growing crypto sports betting site in the industry, offering more than 420,000 pre-match sporting events and live events every year. 888Starz Partners affiliate program allows its affiliates to earn a minimum of 25% revenue share. The program does not charge any deductions or negative carryover. Wild Affiliates Commission – Revenue Share & CPA. Moreover, CPA deals are always negotiable with the account managers. 10CRIC has received a 4. Remember: Fiverr gets 20% of each purchase, so a 10% revenue share means you’ll get a 50% cut from our net income on top of the $10 instant CPA. Thereafter, you will receive a 25% incentive based on the referral’s net revenue. Wild Affiliates offers an attractive commission, and this increases with the number of new customers brought in each month. If you are excited to become a Casino Alpha Affiliate, the experts at the casino suggest that you need to take the following key steps:-Affiliate networks and programs – Exhibitors under this category offer information on affiliate networks and programs that provide revenue-sharing commissions for iGaming businesses in this industry. A 9. W88 Casino Review 2023 – Slots, Live Casino & Sportsbook. , will be provided for easing their promotional activities. No Negative carry-over. Record revenue of $18. io has partnered with Partners. GemBet online gambling site, licensed by the Government of Curacao, features a wide selection of online casino games for gamblers to enjoy, including online slots, live casino games, Live Blackjack, Live Roulette, live Sic Bo, Live Baccarat, classic games, etc. With exclusive marketing tools and a proficient support, we facilitate […] Income88 offers you the opportunity to promote unique brands and receive payments for the players you are referring to the website. We offer our affiliate partners a lifetime revenue share on all players. Net income reached $84. You are benefitted by high-level commission payouts and revenue offers;. All negative amounts will be cleared at the end of the month. 08 per share in dividends in 2021 before implementing a whopping 49% raise in 2022 and then raising the dividend by another $0. Quarantined players should there be any will not affect the. With an additional 5% sub-affiliate commission, the program allows. You may find the specific commission plan and revenue split on the affiliate program’s website. 77 to $2. It starts with 25% and goes up to 50% with a max revenue cap. You will get the 25% of Net. 55% of affiliate marketers earn less than $10,000. There are no administrative costs, and the commission is to be paid solely in euros. 15 in the third quarter of 2022. Since then, Income88 has developed its network into a leading affiliate provider partnered with brands operating in Asia’s most robust markets like China, Japan, Thailand and Vietnam. 0. These partnerships are customizable and can be supplemented depending on your needs. 45% – 60% Revenue Share Line 2. By sharing knowledge, we can create various type of marketing campaign to gain the most valuable players. These are customized models that affiliates can request after sponsoring any brands for a set period. And also offers multiple sports. Further, we have listed five major reasons to prove to you why we strongly believe that 10CRIC is not fake or a scam. Commission Details. 6 billion ( US$490 million ) from the same period in 2022 and increased by 21% from the previous quarter, primarily due to an increase in product development. W88 has been operational since 2013 and has achieved great success by maintaining an impressive reputation despite its lengthy history. Of course, Ace Revenue also has things like sub affiliates, as well as tailored CPA deals. In general, Videoslots affiliates today offer 3 key kinds of partnerships for its affiliates: CPA, Hybrid, and Revenue share method. Best Forex Affiliate Program that Offers High Commissions. Income88 Affiliates. 20/5; Efortuna Affiliates 4. 10/5; 10bet Affiliates 4. The net revenue share can go as low as 12. Comprehensive marketing: To promote its brands, Playamo Partners provides various marketing tools and services. Start making money by joining it today! Breaking News. BetMGM Partners is an amazing platform that meets all of the standards of an ideal affiliate program. 5 million shares issued and. Key Details About VIPs Affiliates. Who is Income88. . Appease the Wonderos God by kick-starting every week with the most wonderful bonus offers at Casino Gods. - Third quarter revenue grew 10 percent, and 13 percent at constant exchange rates, to $1. 38. The Takeaway. 94, up 27. Some of the main features that make this one of the top casino affiliate programs stand out are: Lucrative Commission Plans; Affiliate Payment. com has expanded rapidly since its official launch in 2015 and is now becoming one of the leading affiliate providers in Asia particularly in Thailand, Vietnam, China and now, Japan. Revenue share is the standard and the most popular partnership model at the 7StarsPartners casino. Earnings per Share: GAAP: $2. AX). Sub affiliate Commission Details. 20 EUR for sports/poker, 50 EUR for casino, 10% revenue share: Commission Type: CPA and Revenue Share: Payment Frequency: 15th of each month: Payment Methods. The affiliate platform gives partners attractive revenue sharing levels and specialized marketing tools. Income88 Affiliates; Haz Casino Affiliates; vCommission Affiliate; ZeePartners; Betobet Partners;. Step 2: After creating your account, proceed to your dashboard and make the minimum deposit. Lotto247 Affiliate Program. 001 +. The revenue share casino model in affiliate marketing, just like other profit-sharing plans, is a performance-based model where the affiliate program owner pays a percentage of the revenue generated by the players referred by the affiliates. 51 billion, up 41% from Q2, up 279% from year agoA casino affiliate program is a feature that most platforms offer where the users can share a promo code or bonus code to invite new users or invite via an e-mail address. In addition, they provide CPA and Hybrid Deals, which may be. Super affiliate – over $100,000 monthly. 35%. 25% for FTDs of 0 to 10. io, a sophisticated crypto casino. River Belle Casino Affiliate Program. Casino Brango Affiliates are governed by Curacao law. We offer our affiliate partners a lifetime revenue share on all players. AskGamblersでのアフィリエイトプログラムの詳細、アフィリエイトユーザーのレビュー、アフィリエイトの苦情、ニュースなどを含むIncome88 Affiliatesの最も信頼できるレビュー。Don’t forget to ask for your personally-tailored revenue share scheme! QVaff Affiliates Commission – Revenue Share & CPA. ft. 5% when the affiliates cannot bring in any more new players. 0. For up to ten real-money referrals, you’ll earn a 25% commission, 30% for 11 to 20 players, and 35% for more than 21 players. 2 million, up 7. 188BET is a legitimate and licensed online casino under Annatar Limited. We only share the best ones – the ones proven to work – with you. Affiliate program details: Commission: As high as $150 for all full-priced plan referrals, dependent on merchant location. 35% for FTDs of 21 to 30. NVIDIA (NASDAQ: NVDA) today reported revenue for the third quarter ended October 29, 2023, of $18. Successful applicants for Rant Affiliates are given access to lucrative commission models with a revenue share ranging from 25 to 45%. No Negative carry-over. Bet Affiliates program provides the affiliates with a revenue-sharing partnership program, a CPA-based partnership program, and a sub-affiliate program. In the cost per acquisition model, the base revenue starts at $50 and goes as high as $300 as the number of players rises. 30%. Money generated depends on numerous factors including the level of engagement on the affiliate marketer’s channels, subscriber counts, affiliate payment models, the affiliate marketer’s particular niche, and—quite simply—effort. Selected Financial Results (Unaudited) ($ in thousands except per share amounts) For the three months ended March 31, 2022. Affiliate Programs. Income88 Affiliates. Multiple currencies are available. Casinozer Affiliates is an interesting affiliate program that focuses on using cryptocurrencies for fast and safe transactions. 2 days ago · Basic and diluted net income per share were both RMB1. The Income88 Affiliate Program has the highest reputation in the online gambling industry and provides informative and fruitful cooperation. It checks every box regarding revenue share, payment options, and software employed. €30. The government of Malta has granted Epic Partners a licence. In CPA, it is between $20 to $120, and for revenue sharing, it is between 30% and 60%. Your registration signifies your acceptance on its Terms and Conditions (T&C) it. Affiliates will receive a portion of the net income their referred gamers generated under this arrangement. 888 Holdings has an affiliate program that offers two types of commission structures – CPA and Progressive Revenue Share. Attracting 10-49 sees a 26% revenue share, 50-99 increases this share to 30%, 100-299 sees this go up to 32%, and the highest level of 35% is seen with 300 plus. V. Step 3: Select the country you are residing. Income88 offers a generous revenue share scheme starting at 25% and eventually topping off at 50% from their casino sites. io The SilverSpin Partners affiliate program offers a straightforward revenue share arrangement. Trust: Playamo Partners is a dependable and rapidly developing firm founded in 2015. For 15 to 25 first depositors, the commission is 50%. 1 billion, net income on a generally accepted accounting principles (GAAP) basis of. Betfair Affiliates can earn 30% revenue share in the first year, 20% revenue share in the second year, and 15% revenue share in the third, fourth, and fifth years. 2 million, up 7. BetMGM program’s unique revenue sharing and commission structure strives to meet every earning need of its associated partners and affiliates. In Alpha affiliates program, you can easily earn up to 500 EUR CPA for selected international locations and up to 70% commission on revenue share. Slotland Affiliates Review 2023 – Rev Share & CPA Deals. This program is currently active in 40 countries worldwide. In about 55% of cases, revenue share is the most popular advertising affiliate model in the gaming industry. The GG. In this Ivy program,. With an additional 5% sub-affiliate commission, the program allows affiliates to maximize. Income88 Affiliates 4. Cashimashi Affiliates; Revenue Giants; Live Partners; Bollybet; Rank Affiliates; Gambling; Events;. Lucky Dreams upholds the principle of responsible gambling by prohibiting underage gambling on the site. 10/5; Vamos Affiliates 4. Most casinos use revenue share to pay affiliates, but. One of the first revenue share programs online, the company began operating in 2001. Apart from these online casino games, the. The affiliates who want extra income can join the sub-affiliate commission. The commission varies depending on the number of players invited by users. Affiliates registered with the Bte99 affiliate program earn their commission based on the standard commission structure of the revenue-sharing scheme. Upon joining, affiliates can bankroll an amazing 25% to 40% revenue share based on the net revenue of the players they bring in. eCommerce (337) Dating (469) Incentive (63) Mobile (207) Game (149) Crypto. Customers can also opt for live chat support and get instant replies to their queries, Terms apply. The group’s casino brands, powered by Microgaming software. Besides, 3 card poker games use a 52 card deck, and three cards are offered to the player and the dealer. According to most Dafabet review available, the affiliate program offers a world-class online gambling experience to the most valued bettors and frequent visitors. 10/5; Vamos. All future brands will be treated separately so one result will not affect the other. Final Words: Cashimashi Affiliates Review. The. YES lifetime revenue. The better you define your niche market, the easier it can be to build an affiliate platform and create original content that meets your audience's needs. 88 compared to $0. W88 platform is renowned for sports betting and casino gaming. August 2023 has become a month for recovery, with wins amounting to $280. With up to 50% in commission, Income88 offers one of the highest rates in the industry. It is based on the number of new first-time depositors brought for each month. The affiliates earn a flat rate percentage share for each referral for the first 999 days of play. You’ll receive 40% and 45%, respectively. Casiplay Casino Affiliate Program All affiliate programs are done on a lifetime basis, where partners receive anywhere between 30% to 50% cash revenue share for all new players brought in, depending on the amount of real money used by them. As an affiliate, you will get a lifetime income share for any Pay to Play (P2P) users you recommend to Gamesys Affiliates. The official lottery affiliate program for Lotto247 is LottaRewards. 20/5; Efortuna Affiliates 4. Most of the big opportunities in affiliate marketing come from retail. Brango Casino holds the Curacao gambling license and is a highly. The minimum payment amount for payment to the chosen e-wallet accounts is $100, and all users will only receive commission payments in euros. When compared to rivals, these partners stack up well. us. This change represents a 50-150% ad pay rate increase for the vast. If an Affiliate fails to produce at least three Affiliate Players, their allocation will be reduced to 10% of all associated Net Revenue. The revenue share generated in one month is paid out during the first week of the following one. The online casino affiliate program of 888Starz allows affiliate partners to earn commissions for marketing or bringing new players onto their platforms. 10 per share. NO negative carryover. 7 Billion by 2024. Roche also further elaborates that the majority of affiliates, that is 80%, fall between the beginner and advanced categories and earn anywhere between $0 to $80,000 annually. Round. YES great marketing tools. 73 to $3. The program has a robust rewards system and great revenue-sharing commissions. Income88. Eightcap Partners . 25%. Shazam Casino, Lucky Tiger Casino, and Rich Palms Casino are their partner casinos in. In conclusion, Stake Casino is a legit and fun way to gamble online. The online casino has everything from video to 3D slots, jackpot games, and table games. Affiliates can get anywhere from 25% to as much as 50% share of the net revenue their referred players are able to generate for the online casino brands (rates are dependent on the net revenue). Income88 Affiliates; Haz Casino Affiliates; vCommission Affiliate; ZeePartners; Betobet Partners;. 9Winz Affiliates Proprietary Software. For instance, affiliates profit from new players’ losses by bringing them to online casinos. , a gambling firm licensed under the laws of Curacao e-gaming, owns Fairspin. Wave Affiliates is a unique platform that enables affiliates to make a monthly proportion of their players’ total net revenue. The casino affiliate program uses MyAffiliates software. Affiliates are given access to lucrative commission models with a revenue share ranging from 25 percent to 45 percent. Cost of revenue as a percentage of net revenue was 18% for the third quarter of 2023. No negative balance carried over from month to month.