Kogan's gross profit margin has been 18% and 19.5% in the last 2 FY's.
Say I take an extremely simple, naive, view that GST implications drops their gross profit margin to 10%, minus costs would see a $20m loss on similar revenue of $400m compared to 2018's $20m profit.
Obviously I haven't factored in a lot of things, (like any substantial revenue increase) but considering how razor thin it's margins are, it's difficult to see where Kogan can pull an extra $20m in profit to manage a break even quarter.
Like some others have said, I think Kogan can be a fantastic company. I've used them for a bunch of things. I'd love to have gotten in at the IPO in hindsight, but there is something about Ruslan I just don't trust. This quarterly will probably confirm what I think of him.
- Forums
- ASX - By Stock
- KGN
- I think its positive . GST avoiders beware!
I think its positive . GST avoiders beware!, page-22
-
- There are more pages in this discussion • 41 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add KGN (ASX) to my watchlist
|
|||||
Last
$4.56 |
Change
0.020(0.44%) |
Mkt cap ! $460.3M |
Open | High | Low | Value | Volume |
$4.57 | $4.62 | $4.47 | $1.781M | 392.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1000 | $4.55 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.57 | 1096 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 2931 | 4.540 |
2 | 2431 | 4.530 |
1 | 1931 | 4.520 |
1 | 1931 | 4.510 |
3 | 8358 | 4.470 |
Price($) | Vol. | No. |
---|---|---|
4.570 | 1096 | 1 |
4.590 | 6500 | 1 |
4.600 | 8741 | 3 |
4.610 | 10689 | 6 |
4.620 | 102296 | 6 |
Last trade - 16.10pm 10/09/2024 (20 minute delay) ? |
Featured News
KGN (ASX) Chart |