2024 Loss27 Feb 2025 16:09
Ocado reported a loss before tax of £374.5m, down from £393.3m in 2023.
The grocer said the loss was mainly driven by additional depreciation and amortisation, with: “The go-live of three sites within the previous 12 months, the annualisation of the three sites that went live during 2023 and technology projects going live in the last 12 months.”
Nobody on here is talking any sense, just saying about their buy/sell prices.
The question is why was the loss so high still? If it's because of their CFC capex spending in the last 12 months. Then when does that start a return on the investment.