Far Fetch has a very high operating costs business model, they employ 6000 staff and hold a hundreds of millions of dollars in inventory, hence they high debt levels. The process flows are very labour intensive and require a large workforce.
Cettire hold no inventory, and employ less then 100 hundred staff as our purchasing systems are fully automated. We are a very opex and capex light business, and that’s why we are profitable and can scale up and grow without financial strain on the business.
what's happening with Farfetch ?, page-3
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Last
$2.28 |
Change
0.000(0.00%) |
Mkt cap ! $869.2M | |||
| Open | High | Low | Value | Volume |
| $2.25 | $2.28 | $2.23 | $4.682M | 2.075M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2556 | $2.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.28 | 20797 | 3 |
View Market Depth
| Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
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Last
$2.26 |
Change
0.000 ( 0.16 %) |
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| Open | High | Low | Volume | ||
| $2.24 | $2.28 | $2.23 | 1766114 | ||
| Last updated 15.59pm 17/06/2024 ? | |||||
| CTT (ASX) Chart |
