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You do realise the companies Australian division is actually...

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RookieInvestor1

158 Posts.

27

24/01/22

20:55

Post #: 59100002
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Originally posted by Alejandro1: ↑

Why the management get any salary at all is mind blowing.
Total remuneration of $4.2 M for 2021, increase of $1.3M since 2020 for all 5 of them.
Much of which is performance rights, what actual performance is being achieved? Shareholders loose massive amounts of cash through dilution and board gets a pay rise! nice.

The company, along with board salaries, is exclusively funded by share issue. Why? because no one in their right mind would lend to a complete failure of a business model. Revenue increases, but so do losses.. interesting.

Shareholders, I assume, are gamblers anyway judging by the comments section. Why anyone would pay even 10 cents a share for this business is a question worth asking.

With $87M of revenue and $262M of expenses it is far from profitable. If we completely remove the marketing cost of $170M it is still a loss making business. Marketing is the biggest expense for PBH and rightfully so, without it, its customer base wouldn't have grown to what it is today and I would argue it is essential to keeping the customers.

As with most gambling companies they are designed to take the money from everyone around them.

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You do realise the companies Australian division is actually profitable don't you?

PBH Price at posting: $5.68 Sentiment: Buy Disclosure: Held
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(20min delay)
Last 49.5¢		Change 0.000(0.00%)		Mkt cap ! $164.0M

Open	High	Low	Value	Volume
50.0¢	50.0¢	47.5¢	$247.3K	504.3K

Buyers (Bids)

No.	Vol.	Price($)
1	2500	48.0¢

Sellers (Offers)

Price($)	Vol.	No.
49.5¢	4689	2

View Market Depth

No.	Vol.	Price($)
1	2500	0.480
1	25000	0.475
6	108350	0.470
5	143505	0.465
8	78040	0.460

Price($)	Vol.	No.
0.495	4689	2
0.500	166917	4
0.505	10000	1
0.510	1000	2
0.520	15533	3

Last trade - 16.10pm 08/08/2024 (20 minute delay)

PBH (ASX) Chart