It's a very good result.
Decline in gross revenue but increase in margin and profit is a good sign.
Business doesn't need high t/o at low margin.
If they have cleared out a lot of the low margin inventory it's cleared the path for growth with better margins.
Onwards and upwards, I think the market will like the results
Ann: FY24 Kogan.com Results Announcement, page-3
Add KGN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$5.10 |
Change
0.020(0.39%) |
Mkt cap ! $514.8M | |||
| Open | High | Low | Value | Volume |
| $5.08 | $5.12 | $5.07 | $247.6K | 48.58K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 565 | $5.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.10 | 322 | 10 |
View Market Depth
| Last trade - 10.47am 03/10/2024 (20 minute delay) ? |
| KGN (ASX) Chart |