FYI - Just received an email from OnMarket
We have just received an update from the company, detailing some positive milestones recently achieved in relation to the company's financial status (read ASX announcement here).
Highlights include:
Large increase in profitability has come through expansion of the water product line and the types of FMCG products promoted – which now total 461 at the end of 2016 compared to 50 near the beginning of 2015.
- Revenue for FY16 up 557% to A$66.4m
- NPAT for FY16 up 623% to A$25.1
- Net assets up by A$36.35m from A$2.4m to A$38.76m
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FYI - Just received an email from OnMarket We have just received...
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