RBL redbubble limited
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They've been paying to acquire users since they started and now...

  1. lp2
    183 Posts.
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    24/04/18
    12:21
    Post #: 32653912
    They've been paying to acquire users since they started and now trying to ween themselves off it.

    Revenue growth is rapidly slowing, Q3 16 ->17 was 29.9% compared to Q3 17 ->18 of 24.1%. If this drop off continues within a couple of years growth will be small with minimal to no profit = FLN.

    Certainly a great opportunity but poor execution. Would get out of this one tout suite!
    RBL Price at posting: $1.60 Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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