I agree but the challenge for BUB is to grow the sales without growing the costs needed to achieve them.
It's quite simple really. If they have truly cracked the USA market they should be able to dial back marketing costs whilst maintaining growth.
At the moment they are burning cash (including borrowed cash) to keep the growth going.
Ann: Bubs Q4 FY24 Quarterly Activity and Cashflow Statement, page-67
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Last
12.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $107.1M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 12.5¢ | 12.0¢ | $62.57K | 517.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 1258944 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 2006396 | 31 |
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| Last trade - 16.10pm 16/09/2024 (20 minute delay) ? |
| BUB (ASX) Chart |