Was expecting marketing expenses to ramp up a bit, but employee and IT/compliance costs rose faster than what I expected (40% and 55% respectively half-on-half), so that ate into profitability.
One can argue that it's for good reason given their accelerating terminal adds. But if they can hold employee costs back to a reasonable rate (say 20% pa), then operating leverage will have a chance to really shine through.
CEO presenting on Coffee Microcaps (@cmicrocaps on Twitter) on Thursday morning.
Ann: Half Year Result Investor Presentation, page-4
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Last
85.0¢ |
Change
-0.020(2.30%) |
Mkt cap ! $209.2M | |||
| Open | High | Low | Value | Volume |
| 87.0¢ | 87.0¢ | 85.0¢ | $1.001K | 1.153K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2420 | 85.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 87.0¢ | 7804 | 6 |
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| Last trade - 14.01pm 14/10/2024 (20 minute delay) ? |
| SMP (ASX) Chart |