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.
I often wonder this as well, but I see with the growth profile...
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Last
$22.75 |
Change
0.180(0.80%) |
Mkt cap ! $2.702B | |||
| Open | High | Low | Value | Volume |
| $22.57 | $23.24 | $22.57 | $4.177M | 182.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 990 | $22.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.88 | 890 | 1 |
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| Last trade - 16.14pm 25/07/2025 (20 minute delay) ? |
| TPW (ASX) Chart |