Margins look okay to me. 90%+ gross profit margins for its courier service. From what I can tell, I think what separates Zoom2U from traditional courier companies like DHL, Aust Post, etc is that Zoom2U doesn't employ the couriers - they merely charge a fee for self-employed couriers to use its platform. If a courier charges, say, $25 for a delivery, Zoom2U might take maybe $5 of that, and that's nearly all gross profit for Z2U. I think in this way, you can have traditional courier companies that make next to no profit on a $25 delivery fee since they have a completely different cost structure, while Z2U making a fat profit on each delivery. Anyway that's my understanding of the economics, I could be wrong since I'm not that familiar with the parcel delivery industry.
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Open | High | Low | Value | Volume |
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1 | 210000 | 7.6¢ |
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No. | Vol. | Price($) |
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1 | 748949 | 0.075 |
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2 | 452823 | 0.066 |
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Price($) | Vol. | No. |
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0.084 | 45000 | 2 |
0.085 | 745129 | 3 |
0.090 | 15372 | 3 |
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