Redbubble Limited operates as an online marketplace that facilitates the sale and purchase of art and designs on a range of products between independent creatives and consumers.
Excellent balance sheet with reasonable growth potential.
Share Price & News
How has Redbubble's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: RBL's share price has been volatile over the past 3 months.
7 Day Return
AU Online Retail
1 Year Return
AU Online Retail
Return vs Industry: RBL exceeded the Australian Online Retail industry which returned -48.9% over the past year.
Return vs Market: RBL underperformed the Australian Market which returned -17.6% over the past year.
Price Volatility Vs. Market
How volatile is Redbubble's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StRead This Before Buying Redbubble Limited (ASX:RBL) Shares
1 month ago | Simply Wall StAre Investors Undervaluing Redbubble Limited (ASX:RBL) By 40%?
2 months ago | Simply Wall StWhen Will Redbubble Limited (ASX:RBL) Become Profitable?
Is Redbubble undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: RBL (A$0.58) is trading below our estimate of fair value (A$1.41)
Significantly Below Fair Value: RBL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: RBL is unprofitable, so we can't compare its PE Ratio to the Online Retail industry average.
PE vs Market: RBL is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate RBL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: RBL is overvalued based on its PB Ratio (2.2x) compared to the AU Online Retail industry average (2.2x).
How is Redbubble forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RBL is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.1%).
Earnings vs Market: RBL is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: RBL's is expected to become profitable in the next 3 years.
Revenue vs Market: RBL's revenue (16.1% per year) is forecast to grow faster than the Australian market (4% per year).
High Growth Revenue: RBL's revenue (16.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: RBL is forecast to be unprofitable in 3 years.
How has Redbubble performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RBL is currently unprofitable.
Growing Profit Margin: RBL is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: RBL is unprofitable, and losses have increased over the past 5 years at a rate of -16.7% per year.
Accelerating Growth: Unable to compare RBL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: RBL is unprofitable, making it difficult to compare its past year earnings growth to the Online Retail industry (5.9%).
Return on Equity
High ROE: RBL has a negative Return on Equity (-41.6%), as it is currently unprofitable.
How is Redbubble's financial position?
Financial Position Analysis
Short Term Liabilities: RBL's short term assets (A$73.7M) do not cover its short term liabilities (A$82.8M).
Long Term Liabilities: RBL's short term assets (A$73.7M) exceed its long term liabilities (A$7.2M).
Debt to Equity History and Analysis
Debt Level: RBL is debt free.
Reducing Debt: RBL has no debt compared to 5 years ago when its debt to equity ratio was 415.7%.
Inventory Level: RBL has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if RBL's debt is covered by short term assets.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable RBL has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: RBL is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 20.8% per year.
What is Redbubble's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate RBL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate RBL's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if RBL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if RBL's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of RBL's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Martin Hosking is a Co-Founder of Redbubble Limited and serves as its Interim Chief Executive Officer since February 2020. He serves as Chief Executive Officer and Managing Director at Redbubble Limite ...
CEO Compensation Analysis
Compensation vs Market: Martin's total compensation ($USD749.10K) is above average for companies of similar size in the Australian market ($USD242.08K).
Compensation vs Earnings: Martin's compensation has increased whilst the company is unprofitable.
|Chief Financial Officer||0.83yr||AU$465.76k||no data|
|Chief Technology Officer||no data||no data||no data|
|Head of Investor Relations||no data||no data||no data|
|Executive VP of Business Development||no data||no data||no data|
|Chief Marketing Officer||2.58yrs||no data||no data|
|Chief People & Culture Officer||4.67yrs||no data||no data|
|Chief Product Officer||no data||no data||no data|
|Chief Supply Chain Officer||no data||no data||no data|
|Senior VP of Content Partnerships & GM of Global Licensing||2.5yrs||no data||no data|
Experienced Management: RBL's management team is considered experienced (2.5 years average tenure).
|Independent Non-Executive Director||4.83yrs||no data||no data|
|Independent Non-Executive Director||2.17yrs||AU$99.57k||0.034% A$50.5k|
|Independent Chairman||0.083yr||AU$114.09k||0.077% A$114.0k|
Experienced Board: RBL's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: RBL insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 18.6%.
Redbubble Limited's company bio, employee growth, exchange listings and data sources
- Name: Redbubble Limited
- Ticker: RBL
- Exchange: ASX
- Founded: 2006
- Industry: Internet and Direct Marketing Retail
- Sector: Retail
- Market Cap: AU$148.102m
- Shares outstanding: 259.83m
- Website: https://www.redbubble.com
Number of Employees
- Redbubble Limited
- 271 Collins Street
- Level 3
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|RBL||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||May 2016|
|RBL||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||May 2016|
|RDBB.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||May 2016|
Redbubble Limited operates as an online marketplace that facilitates the sale and purchase of art and designs on a range of products between independent creatives and consumers. The company provides sale, marketing, and distribution services to facilitate the sale of goods from artists to those who want to purchase goods bearing the artists’ designs. It enables 700,000 independent artists to sell their designs, including apparel, stationery, housewares, bags, wall art, and others. The company offers its services through its Website at Redbubble.com, TeePublic.com, and three foreign language sites in Australia, the United States, the United Kingdom, and internationally. Redbubble Limited was founded in 2006 and is based in Melbourne, Australia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/02 10:57|
|End of Day Share Price||2020/04/02 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.