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Articore Group Reports Decline in Financial Performance for H2 2024

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Articore Group Reports Decline in Financial Performance for H2 2024

Redbubble Ltd. ( (AU:ATG) ) has issued an announcement.

Articore Group Limited has reported a decline in its financial performance for the six months ending December 31, 2024, compared to the same period in 2023. The company experienced a decrease in marketplace revenue by 11.5% and artist revenue by 14.6%, leading to a total revenue drop of 11.9%. The company also reported a loss from ordinary activities before tax of $2.3 million, a significant decline from the previous year’s profit. Articore Group Limited has not declared any dividends for this period, and the net tangible assets per security have decreased.

More about Redbubble Ltd.

YTD Price Performance: -23.53%

Average Trading Volume: 12,862

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $44.02M

See more insights into ATG stock on TipRanks’ Stock Analysis page.

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