BIO 2.86% 54.0¢ biome australia limited

Afternoon GangKirin recently acquired Blackmores for $1.85brefer...

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    Afternoon Gang

    Kirin recently acquired Blackmores for $1.85b

    refer below showing breakup of gross revenue and NPAT.. note the NPAT as a % of revenue is under 5%...

    BIO have substantially higher margins with gross margins nudging 60%.

    This company will be a huge success if they continue to execute the way they are.

    It has a very exciting future indeed!

    disclaimer I own shares in ASX:BIO
    do not rely on anything I say
    Do your own homework & research
    https://hotcopper.com.au/data/attachments/5232/5232151-093d6a0529eac00dd07c430a7eb2f5bb.jpg
 
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