MYD mydeal.com.au limited

Ann: Appendix 4C and Quarterly Report, page-4

  1. 853 Posts.
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    Morgans were expecting them to be profitable in 2023, this looks like they will be much faster. Customer growth and revenues solid. 10% spend on promotion probably doesn't change whilst they are still building it all out. They are in a sweet spot with the time to market furniture, much better vs retailers. 800k Customers a good thing. Hopefully this is the start of a slow grind back to $2.00 and $20m profit next year.
 
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