Looking at the absolute numbers current assets 75.7M current...

Looking at the absolute numbers current assets 75.7M current liabilities 125.7M. A further 82M in long term borrowings. Not pretty.

The assets are all intangibles. They should have reasonable cashflow now the acquisition expenses are past but the dividend is hardly well protected. So I watch but don't hold for now.

I prefer Kogan any day - good growth, cashflow and money in the bank to use for disrupting telco, insurance, travel and anything else they can sell online.

The online space is rapidly changing and we'll have to wait until we see the winners.

Good Luck