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Redbubble ( (AU:ATG) ) has issued an update.
Articore Group announced its FY25 financial results, highlighting a successful consolidation of its marketplace operations under a single leadership team. This strategic move aimed at cost synergies and profitable growth resulted in the strongest fourth-quarter results in five years, marked by a record high gross profit margin and reduced operating expenses, signaling the momentum of their turnaround strategy.
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
Articore Group, previously known as Redbubble Limited, operates leading global online marketplaces Redbubble.com and TeePublic.com. The company facilitates a platform for independent artists to sell unique designs on everyday products like apparel, stationery, and wall art, allowing artists to profit from their creativity.
Average Trading Volume: 392,367
Technical Sentiment Signal: Sell
Current Market Cap: A$66.53M
Learn more about ATG stock on TipRanks’ Stock Analysis page.