good results despit 0.3 million of cash out flow. so profitable as I expected before
my main intake is the 2nd half will be much better given their comment about reducing marketing expenses used in establishing new channels so good diversification here.
EZZ managed to
successfully implement its channel diversification strategy by establishing Kuaishou as the third key digital distribution channel after Tmall Global and Douyin. Generating more than $4 million revenues in 1H FY24, Kuaishou is now the second largest distribution channel after Douyin.
also 4 new products revenue of AUD 2.4 million is excellent.
adding more products will significantly increase revenue.
overall I am happy with the result.
Ann: Half Yearly Report and Accounts, page-2
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85.0¢ |
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Mkt cap ! $37.75M | |||
| Open | High | Low | Value | Volume |
| 86.5¢ | 90.0¢ | 85.0¢ | $101.4K | 114.8K |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9999 | 85.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 90.0¢ | 100910 | 4 |
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| EZZ (ASX) Chart |