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An announcement from Redbubble ( (AU:ATG) ) is now available.
Articore Group Limited, a company focused on marketplace operations, has reported its best fourth quarter in five years, driven by cost management and supply chain synergies. The company achieved a gross profit margin of 49.7% and a positive EBIT of $0.6 million, marking a significant turnaround. Looking forward, Articore aims to enhance revenue streams, stabilize its Redbubble marketplace, and improve margins through further cost efficiencies. The company expects to deliver a positive EBIT and improved cash flow in FY26, indicating a strong financial recovery.
The most recent analyst rating on (AU:ATG) stock is a Hold with a A$0.58 price target. To see the full list of analyst forecasts on Redbubble stock, see the AU:ATG Stock Forecast page.
More about Redbubble
Average Trading Volume: 390,946
Technical Sentiment Signal: Sell
Current Market Cap: A$66.53M
For detailed information about ATG stock, go to TipRanks’ Stock Analysis page.