AU8 1.67% 6.1¢ aumake international limited

Ann: Capital Raising and Corporate Update, page-34

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  1. 947 Posts.
    lightbulb Created with Sketch. 17
    Absolutely. November was $1.7m in sales, up from $1.5m in October. So these guys are approaching Revenue of $25m per annum annualised..

    That's without the new website, China network, branded products or new store openings.

    Margins are improving also.

    Health Essence: Sales of $50,271 with gross profit margin of 57.8% for November 2017. The entire FY17 Health Essence sales were $191,347. This means that their growing store network is exposing their newly acquired business to both higher margins and higher revenue.

    I reckon this is worth $500m+ in 18 months once they roll out the stores and make $10m+ net profit.
 
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