DW8 Growth, page-7744

Finally someone, and a shareholder to boot, understands what this business does...a logistics company that collects Australia post fees and pays them to Australia Post with little or no mark-up.

It is all very well to sight a lone Q1FY21 GP% of 24%, but since then Q2FY21 and Q3FY21 have been negative. I doubt marketplace costs are being absorbed at the COGS line as these costs relate to the sale of a good, not potential sales....and if they did, surely management would spell it out in their result commentary....there is NEVER a mention of GP% or profit/loss for that matter, only sales, the vast bulk of which are not theirs but Australia Posts...This stock is still $120m market cap with no GP%...still expensive....bring on Q4