Some unknowns from the result:
Organic growth of sales as Living Social was purchased on 30/4/14;
No of customers, repeat customers average sale amount;
Sales growth, margins, forecast EBITA (profit or loss);
why payables is so high compared to receivables. I know they prepaid some purchases but why the apparent disconnect.
Management is not forward in providing information. I hope they present some commentary before the open on Monday.
E88 Price at posting:
19.0¢ Sentiment: Hold Disclosure: Held
