Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
ATG.AX
HOLDREMOVEArticore Group Limited · Consumer Cyclical · Australia · $58M · Avg Vol: $29K/d
Articore Group (formerly Redbubble) is an online marketplace for independent artists. It has struggled with unprofitable growth, high customer acquisition costs, and lacks the scale economics or customer loyalty required by our Nick Sleep lens.
COMPANY DESCRIPTION
Articore Group Limited operates global online marketplaces, including Redbubble and TeePublic, that connect independent artists with consumers for print-on-demand products. The company leverages a massive, decentralized network of artists and third-party fulfillers, eliminating inventory risk and creating a highly scalable business model. It is a leading global e-commerce player in the personalized and creative goods sector.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 412M | 399M | 354M | 315M | -8.5% |
| EPS | -0.06 | -0.14 | -0.02 | -0.03 | — |
| Shares | 276M | 278M | 282M | 285M | +3.1% |
| Debt | 7M | 5M | 7M | 5M | -11.9% |
| Equity | 75M | 41M | 38M | 33M | -23.9% |
| Op CF | — | — | — | — | — |
| Inv CF | -8M | -9M | -4M | -3M | — |
| Fin CF | -2M | -3M | -3M | -4M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Consumer Cyclical, ranked by industry match, size, and score similarity. Cross-listings of ATG.AX are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| ATG.AX | Articore Group Limited(you) | $58M | 37 | HOLD |
| KGN.AX | Kogan.com Ltd | $288M | 71 | BUY |
| WJL.AX | WEBJET GRP FPO [WJL] | $117M | 35 | SELL |
| BET.AX | Betmakers Technology Group Ltd | $145M | 35 | HOLD |
| CEH.AX | COASTEHLTD FPO [CEH] | $114M | 23 | SELL |
| CMA.AX | CARMA LTD FPO [CMA] | $71M | 11 | STRONG SELL |
| BAP.AX | Bapcor Limited | $205M | 31 | SELL |
| CTT.AX | Cettire Limited | $64M | 7 | STRONG SELL |
| BBN.AX | Baby Bunting Group Limited | $155M | 24 | SELL |
| MYR.AX | Myer Holdings Limited | $292M | 35 | HOLD |
Peer medians: ROE 8.6% · P/E 20.0x · Gross margin 46.2%