Mocka on a 48m annual figure, if you extrapolate from that $30m figure. @ 25% EBIT margin, that's 12m EBIT from Mocka alone. They're paying $91m for it.
7.6* EBIT for an online retailer growing at over 30%+ p.a. Nice.
Adairs store/online sales increased on 1H (1H includes 1month of Mocka), even when stores closed for 6 weeks. This is insanity, given:
- Jobkeeper is basically paying for a whole quarter of wages, and
- Rents are dropping.
- DC capex will reduce costs significantly.
@hankreardon - great call here. $3 in short order here.
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Last
$2.07 |
Change
0.020(0.98%) |
Mkt cap ! $365.8M | |||
| Open | High | Low | Value | Volume |
| $2.05 | $2.09 | $2.05 | $657.0K | 316.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6543 | $2.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.10 | 20274 | 4 |
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| Last trade - 16.10pm 28/07/2025 (20 minute delay) ? |
| ADH (ASX) Chart |