Some interesting details today in Kogan's presentation :
- strong increase of gross margin during April-May with an increase of 8.6 ppt vs + 3.2 ppt during H1 FY 20, while their gross sales increased by 104 % during that period (so their sales were not driven by more promotions),
- clear acceleration for the number of repeat orders also during that period.
Kogan, really cheap given the growth profile, page-2
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