Yes the iKOU acquisition was overpriced but nevertheless it ties in well with the store network rollout giving the company a luxury retail concept with 80% product gross margins to expand. As well as introducing iKOU products to the Adore Beauty platform, they are on track to grow iKOU stores from 3 to 10 locations over the next three years potentially tripling revenue and earnings since acquisition.
Maybe so the THG buyout offer isn't valid any longer but there will be many more interested parties looking to acquire. Regardless I think the Adore Beauty is going to do well over the next 5 years and this is a great price to buy in.
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Last
64.0¢ |
Change
-0.010(1.54%) |
Mkt cap ! $59.66M | |||
| Open | High | Low | Value | Volume |
| 63.5¢ | 64.5¢ | 63.5¢ | $35.99K | 56.61K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 97608 | 63.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 64.5¢ | 8728 | 2 |
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| Last trade - 13.16pm 26/06/2025 (20 minute delay) ? |
| ABY (ASX) Chart |