I found interesting in the Annual report that the Cost of goods sold was so high , but very low labor and on site costs indicating their factory is more an assembler of all ready fabricated parts rather than a vertically integrated manufacturer.
VMT is now adding margin by being a shop front for its product , I see a bright future as it will be in the loop more now in what customer wants are and it is by catering to those wants it can add utility for a commensuate profit margin.
vmoto profitable, page-60
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12.0¢ |
Change
-0.015(11.1%) |
Mkt cap ! $56.45M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.0¢ | 12.0¢ | $1.128K | 9.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 88168 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 38560 | 2 |
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| VMT (ASX) Chart |