Ann: Investor Presentation, page-31

@Emma1234

I think here's the right place to discuss AuMake,

Here's the financials:
2016: Annual revenue:$3m, COGS: $2.8m; NPAT: $4k
2017: Annual revenue:$10.3m, COGS: $9.1m; NPAT: $13k
Net asset: $9m including cash raising via IPO.

It's an Australian company, but it's controlled and run by Chinese.

In 2017, revenue increased by 243%, but net profit after tax only increased from $4k to $13k.

It's a retail business;
Focusing on Daigou, grey market;
Controlled and run by ...