Adore Beauty Group Limited

ASX:ABY

Adore Beauty Group Limited

ASX:ABY
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$0.900 (+3.4%)
Last close price
#396
Rank
4
Held by
14
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raymon68
Company Report
Last edited 4 years ago
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5.1% pa
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#Risks
stale
raymon68
Added 4 years ago
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would Warren Buffett invest here?

ABY needs the current core business to be profitable to enable expansion and compete into new markets.

The price is right but the profitabilty not there yet.

risk vs reward

#Business Model/Strategy
stale
raymon68
Last edited 4 years ago
View author's company report

Online beauty retailer Adore Beauty Group Ltd (ASX: ABY) has updated its revenue forecast for the first half of FY21 to $95.2 million, a 7% increase on the prospectus forecast. “We are pleased to report strong sales ahead of our Prospectus forecasts. The business has continued to scale, deliver content, and meet the needs of our customers at a time when they need it most,” said CEO Tennealle O’Shannessy.

 

 

Note: results FY21 to be announced Tuesday 23rd 10:30am