I often wonder this as well, but I see with the growth profile they are aiming for A$1B revenue in 3-5 years in which case they would be benefitting from economies of scale and the margins should improve.
In my view it's becoming a trusted brand - as a personal anecdote, my wife orders from the online store and the furniture arrives in around two days.
Also I wouldn't be surprised if some of the bigger players are taking interest.
I often wonder this as well, but I see with the growth profile...
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Last
$10.57 |
Change
-0.130(1.21%) |
Mkt cap ! $1.254B | |||
| Open | High | Low | Value | Volume |
| $10.56 | $10.67 | $10.48 | $1.615M | 152.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10231 | $10.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.61 | 1122 | 1 |
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| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
$10.57 |
Change
-0.130 ( 0.81 %) |
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| Open | High | Low | Volume | ||
| $10.65 | $10.66 | $10.48 | 40423 | ||
| Last updated 15.59pm 17/05/2024 ? | |||||
| TPW (ASX) Chart |