Redbubble Announces 48% YOY Gross Profit For The Core Redbubble Group

  • Oct 23, 2019 AEDT
  • Team Kalkine

Redbubble Limited (ASX: RBL)- the owner and operator of Redbubble and TeePublic announced that the Core Redbubble Group’s first-quarter marketplace revenue stood at $70 million in FY2020, up by 43 per cent on the previous quarter.

  • The gross profit during the quarter was ballooned by 48 per cent to stand at $27 million while the operating EBITDA profit stood at $3.7 million.
  • The company witnessed a higher flow of cash during the quarter, and the free cash flow surged to stand at $7.8 million, as compared to the previous free cash flow of $0.4 million.


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