I'm super keen on Alloggio. Alloggio is only approaching its second year and is already performing extremely well with results. With domestic travel returning on a high and international travel also returning, bookings will most likely increase. The company is expanding rapidly. However is there enough marketing being invested by the company?
ALO spent almost $400,000 on marketing expenses while CHL spent almost $4m in FY21. However ALO had a revenue of $27.8m while CHL was at $16.3m. ALO seems to be doing extremely well in terms of its marketing to revenue ratio, but perhaps extra marketing will help the company soar?
ALO Price at posting:
17.5¢ Sentiment: Buy Disclosure: Held
