A2m reported their margins are going down and they have an...

A2m reported their margins are going down and they have an inventory problem as it stays on the shelf for longer which might lead to discounting due to use by dates. They over relied on the daigou trade and its hurting them more than it hurts jat as we have diversified products. Havent read much about bubs report as they aren't profitable and always made losses.
People need to compare this report to others before judging so harshly. Also debt has gone down since the report with the lender converting debt to shares and also bear in mind a placement was done recently in jan for 3m (including directors contribution).

jat is capturing the retail margin as well with the shanghai store and is opening their own e-commerce store on major sales platforms as stated in the report. Margins might be able to increase slightly from the current 40% given this info.

New contracts have been entered into including the 32m contract recently announced. The debt should be serviceable and the interest expense should reduce as management refinances to cheaper rates. ANMA also will be at double manufacturing capacity on double shifts in march.