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Added to YB: 2024-03-08

Pitch date: 2024-03-07

ATG.AX [bullish]

Articore Group Limited

-49.06%

current return

Author Info

Company Info

Articore Group Limited operates as an online marketplace that facilitates the sale of art and design products in Australia, the United States, the United Kingdom, and internationally.

Market Cap

AUD 53.9M

Pitch Price

AUD 0.53

Price Target

N/A

Dividend

N/A

EV/EBITDA

0.57

P/E

-3.44

EV/Sales

-0.02

Sector

Broadline Retail

Category

turnaround

Show full summary:
Dear COVID Darling - $ATG.AX

Articore (ATG.AX): Asset-light online marketplaces connecting artists & consumers. Pandemic darling fallen 93% due to stagnant growth & bloated costs post-COVID. Founder CEO back, cutting expenses & focusing on profitable growth. Dirt cheap at 0.3x P/S with path to 3-5x FCF if topline recovers.

Read full article (14 min)