PFT 0.00% 3.1¢ pure foods tasmania limited

Not quite understanding this.Revenue up 73% yet COGS up 88%....

  1. 142 Posts.
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    Not quite understanding this.

    Revenue up 73% yet COGS up 88%. Gross Margin only increased by 43% despite the uplift in revenue.

    Cant see this getting close to turning a profit in FY22 either at this rate. Expect the price to drop further
 
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