I often wonder this as well, but I see with the growth profile they are aiming for A$1B revenue in 3-5 years in which case they would be benefitting from economies of scale and the margins should improve.
In my view it's becoming a trusted brand - as a personal anecdote, my wife orders from the online store and the furniture arrives in around two days.
Also I wouldn't be surprised if some of the bigger players are taking interest.
Ann: Half Year Results & Trading Update, page-9
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Last
$11.40 |
Change
-0.400(3.39%) |
Mkt cap ! $1.355B | |||
| Open | High | Low | Value | Volume |
| $11.82 | $12.00 | $11.33 | $14.59M | 1.257M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1807 | $11.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.46 | 1807 | 1 |
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| Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
| TPW (ASX) Chart |