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
$11.27 |
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-0.240(2.09%) |
Mkt cap ! $1.343B | |||
| Open | High | Low | Value | Volume |
| $11.44 | $11.48 | $11.13 | $788.7K | 69.70K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 181 | $11.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.27 | 163 | 8 |
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| TPW (ASX) Chart |