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0.00% 3.1¢ pure foods tasmania limited

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

  1. freddyadu
    142 Posts.
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    28/08/21
    20:50
    Post #: 55652308
    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
    PFT Price at posting: 66.0¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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