Here are their annual results. Not even kidding. www.imgur.com/HF28Nk9.png
Listed on the ASX. Currently at around $880M MC (USD). Stock has appreciated 522% this year, but still heavily undervalued.
Revenue has grown 384% YoY growth (constant currency) to $124M.
Cat Rock Capital, founded by Alex Captain, one of the 'Tiger Cubs' (like Bill Hwang) recently increased their holdings to 6.63% last month. The current CEO and founder, Dean Mintz owns over 65% of the float.
The company is an online retailer in luxury fashion. Luxury is one of the markets expected to grow considerably larger in the upcoming years due to a rising wealth gap. Furthermore, luxury benefits from re-opening. I see this as a younger version of $FTCH (Farfetch), and that can be used as a comparator.
Submitted October 17, 2021 at 10:53AM by fahrenheitc https://ift.tt/3njnukz
