Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Adore Beauty Group Ltd. ( (AU:ABY) ) has issued an announcement.
Adore Beauty Group Limited reported a 1.6% increase in revenue to $198.8 million for the fiscal year ending June 30, 2025, despite a significant 65% drop in profit after tax to $761,000. The decline in profit is attributed to $2.5 million in one-off costs related to acquisitions and restructuring. The company’s Normalised EBIT, a key performance measure, stood at $4 million with a margin of 2.0%. The acquisition of iKOU Holdings Pty Ltd and its subsidiaries on July 31, 2024, impacted the company’s financials, particularly the net tangible assets, which saw a decrease due to cash outflow for the acquisition and increased lease liabilities.
The most recent analyst rating on (AU:ABY) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Adore Beauty Group Ltd. stock, see the AU:ABY Stock Forecast page.
More about Adore Beauty Group Ltd.
Adore Beauty Group Limited operates in the beauty industry, focusing on the online retail of beauty and personal care products. The company is known for offering a wide range of cosmetics, skincare, and haircare products, primarily targeting consumers seeking convenient access to premium beauty brands.
Average Trading Volume: 70,262
Technical Sentiment Signal: Sell
Current Market Cap: A$84.56M
For detailed information about ABY stock, go to TipRanks’ Stock Analysis page.