Joe Aston from the AFR summed it up well yesterday. A low margin bland business masquerading as tech:Adore is still generating strong revenue growth – up 50 per cent in FY21 and then 25 per cent in the first quarter of FY22 – but it still generates almost no profit. Its margins are thinner than a micellar toning pad. This business is not scalable. It is the Vinomofo of personal care. It is a licensed reseller of someone else’s designer body wash dressed up as a tech stock and sprinkled with chick power.
Ann: Business Update, page-34
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Last
85.0¢ |
Change
0.005(0.59%) |
Mkt cap ! $79.86M | |||
| Open | High | Low | Value | Volume |
| 83.5¢ | 85.0¢ | 82.0¢ | $10.45K | 12.66K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8049 | 80.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 85.0¢ | 61627 | 1 |
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| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| ABY (ASX) Chart |