KGN 2.88% $4.39 kogan.com ltd

Ann: 2020 AGM Presentation, page-48

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    Very astute observation. Basically they have reached scale to the point where operational leverage is massive. A bigger and bigger percentage of each dollar in incremental sales is dropping to the bottom line.

    I like how they are in analysts eyes, one of the retailers with the lowest cost of doing business.
 
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