Ann: Kogan.com FY21 Results Presentation, page-77

I fully acknowledge it is a very good business model but then very bad management. Can anyone explain how come sales jump 50% and profits reduce by 80% and business is not into any type of manufacturing. It is clearly telling the story of a bad management or a good accounting so as no need to share the profits with the share holders. But in all those scenarios share holders are a loser and a person responsible for bad decisions still survive.
To get a fruitful outcome from this management there is definately a need of change at the top end.