Last year, online marketplace Articore (ASX: ATG) undertook a business restructure, changing its name from Redbubble. However, the new name has yet to drive a change of fate. In the third quarter of FY24, the Company reported a higher profit margin but struggled with losses and cash flow. Group CEO and Managing Director of Articore,
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Over the past year, tech companies in the US have become notorious for mass layoffs. IT giants, from Google to Amazon, have laid off thousands of employees in light of growing inflation. Now, that trend seems to be gaining steam in Australia. To return to cash flow positivity, Aussie online print-on-demand marketplace Redbubble (ASX: RBL)
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With the advent of NFTs and social media, you’d think independent artists were having the time of their life, profiting off their work. However, Melbourne-based online marketplace Redbubble (ASX: RBL) is telling a different story as the Company reports revenue decline of 5% on a floating basis, and 8% on a constant currency basis. Such
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Redbubble (ASX: RBL) has been helping artists transpose their art from the canvas and onto travel mugs, t-shirts and socks since 2006. Today, Redbubble is a thriving online marketplace, complete with the modern day addition of face masks… how 2020. Accelerated growth in online spending throughout the pandemic, including faux-lockdowns caused by the latest Omicron
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