I suppose if you're going to look at any metric in isolation, you could come up with something to support your case. Because if you travel further down the P&L, POSH spent 49.5c of every revenue dollar on marketing in their most recent 10-Q, whereas CTT spent roughly 1/3 of that (17.2c in the last half).
Mystifyingly, POSH is spending 20.4c of every revenue dollar on "R&D", whereas CTT only spends less than 2c of every revenue dollar.
With CTT currently operating profitably and POSH expecting ~$1 per share of losses in 2023, the gross profit will likely be less important than the net profit when contemplating valuation.
Perhaps Naver will be able to rip out a lot of costs and make POSH profitable. They must see something that is not obvious on the surface to acquire the business - Eternalgrowth
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Last
$3.05 |
Change
0.025(0.83%) |
Mkt cap ! $1.151B |
Open | High | Low | Value | Volume |
$3.05 | $3.07 | $3.02 | $284.9K | 93.71K |
Buyers (Bids)
No. | Vol. | Price($) |
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6 | 6344 | $3.04 |
Sellers (Offers)
Price($) | Vol. | No. |
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$3.05 | 1211 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 12163 | 3.170 |
1 | 101 | 3.130 |
1 | 116 | 3.120 |
2 | 3137 | 3.100 |
2 | 3700 | 3.060 |
Price($) | Vol. | No. |
---|---|---|
2.870 | 2499 | 5 |
2.890 | 876 | 1 |
2.950 | 4009 | 4 |
2.960 | 1232 | 4 |
2.970 | 841 | 1 |
Last trade - 10.10am 30/04/2024 (20 minute delay) ? |
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Last
$3.03 |
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Change
0.025 ( 0.17 %) |
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Open | High | Low | Volume | ||
$3.05 | $3.06 | $3.02 | 18720 | ||
Last updated 10.28am 30/04/2024 ? |
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