News: KGN Kogan.Com Posts Gross Sales Grew By More Than 16% In 1HFY20, page-34

My mistake, thought we where looking at net profit, not gross profit. Who looks at that these days.

Definite squeeze on margins, and then the kicker is undisclosed foreign exchange losses. Kgn can let us know how much they are, could be 1m or 10m. Who knows, wiping out any growth what so ever. Very disappointing and can understand the drop, I see $5 coming. Long term it's a great stock, but these little bumps are becoming to frequent and the generous premium people will pay for kgn will diminish over time