Our cash balance increased to $65.4 million. In the prior period we had a net balance (after loans & borrowings) of $31.2 million.
● We corrected our inventory down to $68.2 million as at 30 June 2023, a reduction of over 57%. We now enter FY24 with inventory levels aligned to the current levels of demand.
No Dividend yet. Last Divi paid June 2021.
KOGAN.COM LTD (ASX:KGN) - Ann: FY23 Kogan.com Results Presentation, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
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The CEO is Taming the Inventory problem.
Debt vs Equity needs to be contained.
Return (inc div) 1yr: 41.88% 3yr: -36.77% pa 5yr: -1.94% pa
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