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Articore Group Limited ( (AU:ATG) ) has issued an update.
Articore Group reported that its ongoing turnaround strategy is delivering improved profitability despite softer marketplace revenue, with gross profit for the first half of FY26 rising 6.0% to A$107.5 million and gross profit margin expanding 480 basis points to 48.8%, helped by supply-chain synergies and new artist account fees. Marketplace revenue declined 4.5% in the half and 3.2% in the December quarter, but this represented a marked improvement on the double-digit falls seen a year earlier, while gross profit after paid acquisition increased 8.9% as more efficient marketing spend and optimised pricing and promotions lifted GPAPA margin to 27.6%, signalling early but tangible progress in restoring growth and margins ahead of detailed half-year results due in February.
The most recent analyst rating on (AU:ATG) stock is a Buy with a A$0.75 price target. To see the full list of analyst forecasts on Articore Group Limited stock, see the AU:ATG Stock Forecast page.
More about Articore Group Limited
Articore Group Limited (ASX: ATG), formerly Redbubble Limited, owns and operates global online print-on-demand marketplaces Redbubble.com and TeePublic.com, where independent artists sell uncommon designs on everyday products such as apparel, stationery, housewares, bags and wall art. The platforms connect a community of creatives with consumers seeking personalised self-expression, enabling artists to monetise their work and reach a global customer base.
Average Trading Volume: 128,017
Technical Sentiment Signal: Sell
Current Market Cap: A$73.02M
See more data about ATG stock on TipRanks’ Stock Analysis page.