Gross margin is unchanged. Marketing expenses have increased by about 50%, and all the other expenses are up around 10%. The marketing spend is justifiable if they can keep the repeat business levels going with the resulting new customers after their first purchase.
It's a good growth-strategy result. Market likes too, which is nice.
Ann: Appendix 4E & Financial Report, page-4
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Last
$11.35 |
Change
-0.510(4.30%) |
Mkt cap ! $1.349B | |||
| Open | High | Low | Value | Volume |
| $11.57 | $11.60 | $11.31 | $1.732M | 152.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2480 | $11.33 |
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| Price($) | Vol. | No. |
|---|---|---|
| $11.45 | 637 | 1 |
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| TPW (ASX) Chart |