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Roman's avatar

That is an epic piece on WOSG. Thank you very much!

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Ahtsham Ahmad's avatar

thx, a lot for putting in the effort.

1- WOSG buys at wholesale prices from luxury brand manufacturers, and then sells at retail prices to wealthy end users - this margin is their Gross Margin- Am I right? If yes, who sets the retail prices, Rolex or WOSG by themselves?

2- Their revenue came from both - Volume and Prices increase. I understand luxury brands have pricing power, you shared a 7% CAGE Rolex price increase but this is only for 1 model, By any chance, we can get data for an overall AVERAGE price increase across EVERY brand they sell. I am trying to gauge what their revenue would be in 2035. For example, if the industry volume is growing by 6%, and it increases revenue by 5% through m&a & then let's say adds 3-4% average price increasing power, then it would be a 15% overall CAGR Revenue increase, let's say average operating margin is 10% then I would DCF and try to do valuation.

your guidance would be appreciated.

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