Redbubble: Looking past Q1 “sticker shock”

By Anthony Porto

15 October 2021, 8:00 AM

Whilst this topline result was 3.5% below our forecasts, the cycling of Covid-19 induced lockdown tailwinds and mask sales always had Q1 as the toughest quarter to cycle. We believe Redbubble (ASX:RBL) has now moved past ‘peak cycle risk’ given their international exposure, ahead of domestic e-commerce players.

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