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.
Joe Aston from the AFR summed it up well yesterday. A low margin...
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Last
$1.14 |
Change
-0.090(7.35%) |
Mkt cap ! $106.6M | |||
| Open | High | Low | Value | Volume |
| $1.24 | $1.25 | $1.14 | $79.54K | 65.51K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | $1.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.14 | 109 | 1 |
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| Last trade - 15.31pm 29/08/2024 (20 minute delay) ? |
| ABY (ASX) Chart |