I often wonder this as well, but I see with the growth profile they are aiming for A$1B revenue in 3-5 years in which case they would be benefitting from economies of scale and the margins should improve.
In my view it's becoming a trusted brand - as a personal anecdote, my wife orders from the online store and the furniture arrives in around two days.
Also I wouldn't be surprised if some of the bigger players are taking interest.
Ann: Half Year Results & Trading Update, page-9
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Last
$11.46 |
Change
0.250(2.23%) |
Mkt cap ! $1.360B | |||
| Open | High | Low | Value | Volume |
| $11.07 | $11.56 | $11.07 | $2.389M | 208.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 754 | $11.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.56 | 754 | 1 |
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| Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
| TPW (ASX) Chart |