ABY 2.46% $1.04 adore beauty group limited

Ann: Business Update, page-23

  1. 1,214 Posts.
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    Hi all,

    I am not a downramper or anything of the sort but I am trying to understand a couple of things.

    It looks like for FY21, profit was $875k for $170m revenue and the net assets is about $33m including $29m in cash...So why is the company valued at $300+m market cap?

    For recent holders, what analysis/reasoning prompted you to buy this company over the last 6 months?

    Thanks
 
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