Again having more issues with the T-Mall data, very hard to...

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npa869

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10/09/21

17:30

Post #: 55981143
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Originally posted by npa869: ↑

Hey @waterboy

Yes - still around, and still tracking. Unfortunately (or fortunately) the data I was tracking isn't a significant driver of the business, so I haven't bothered posting about it as it has the prospect of creating a misleading result for others. I'm still watching with interest...

Matter of time here.

I must admit, I've been incredibly busy - so I haven't had time to really review in detail the EOY financials, but I did pick up a consistent statement which I found enjoyable - now looking forward to a cashflow positive Q1 to kick us off:

"The Company has invested in the business in FY2021 to drive scale in product sales, to develop and deliver its technology stack
and enters the next phase of growth in which the company is focussing on increasing gross margin of product sales via its
platform to achieve scalable growth and to drive the business towards profitability in FY2022."

"In FY2022, the Group intends to continue to scale up product sales by expanding online channel and supplier integrations into its
technology stack and expects to grow revenue in excess of 50% for the upcoming year and increase sales efficiency, thus driving
the Company towards profitability."

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Again having more issues with the T-Mall data, very hard to track when you aren't in China.

One thing I did pick up on though - this product https://detail.tmall.hk/hk/item.htm?id=627324551891 which is one of the Colab range has now jumped to monthly volume of 2,000+ units. Was wondering what the level after 1,000 was.

Anyway, have a good weekend all.

RLG Price at posting: 2.5¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

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