Hi @winover
The most important reason was the cost of doing business rising to $53.0m (up from $48.2m in FY17). Also, the 'Franchise & other income' dropped to $2.0 (from $3.6m in FY17), which is to be expected due to franchise buybacks. See below.
So "Norm. CODB increased as a percentage of total sales by 40bps to 34.2% (FY17 – 33.8%) due to the reduced contribution from Daigou channel sales in FY18." Meaning without the incremental sales from the Daigou channel in FY18, the cost of doing business increased as a % of sales, thereby impacting the EBITDA.
Hi @winover The most important reason was the cost of doing...
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Last
$1.16 |
Change
0.015(1.31%) |
Mkt cap ! $150.0M | |||
| Open | High | Low | Value | Volume |
| $1.17 | $1.17 | $1.15 | $30.42K | 26.23K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 22608 | $1.15 |
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| Price($) | Vol. | No. |
|---|---|---|
| $1.16 | 4597 | 3 |
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