From what I can see it's a case of 'out with the old and in with the new' aka fixing these damn inventory issues and investing in memberships. A lot of work done for the quarter, you can't hate them. Great membership growth too. Any idea when one could probably expect some dividends from KGN?
"Kogan.com also resolved previous inventory pressures, and closed a number of
inefficient overflow warehouses. This reduction in inventory levels led to the Company
significantly reducing its warehousing costs, delivering an average Variable Cost saving
of $0.8 million per month in 1QFY22 compared to 4QFY21."
From what I can see it's a case of 'out with the old and in with...
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