Kogan.com has reported a "return to profitability" happened in January, when it recorded its first positive underlying earnings since July 2022, totalling $1.5m.
It is down a LONG way from its old highs. Will be interesting to see if this is the start of any kind of price recovery.
Might be a bit too soon, but one to watch.
It is down a LONG way from its old highs. Will be interesting to see if this is the start of any kind of price recovery.
Might be a bit too soon, but one to watch.
Note
Ran 30% before resuming its downward slide again.Although not in the same league, Amazon and other online retailers just don't get the love these days from investors despite their growing popularity. Profitable or not.
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NOT TRADING ADVICE. ALWAYS DO YOUR OWN RESEARCH.
MY SITES:
FIND TRENDING STOCKS: HigherHighs.com/
FIND AND SET TRAILING STOPS: SuperTrail.io
TRADINGVIEW TIPS: YouTube.com/@zAngus
MY SITES:
FIND TRENDING STOCKS: HigherHighs.com/
FIND AND SET TRAILING STOPS: SuperTrail.io
TRADINGVIEW TIPS: YouTube.com/@zAngus
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.