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Redbubble’s growth tear helps it double revenue in a year

Yolanda Redrup

Key Points

  • Revenue ($m) 417.6, up 96pc from year-earlier 213.5
  • EBITDA ($m) 48.8 v 4.3
  • Net profit ($m) 41 v -3
  • No dividend proposed 

New Redbubble CEO Michael Ilczynski plans to use the cash generated from its explosive year of growth to elevate the marketplace to become a true competitor to the big retail giants, not just to fellow marketplace rivals such as Etsy.

Former SEEK executive Michael Ilczynski is the new Redbubble CEO. Eamon Gallagher

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Yolanda Redrup is the editor of the AFR Rich List. She previously reported on technology, healthcare and Street Talk. Connect with Yolanda on Twitter. Email Yolanda at yolanda.redrup@afr.com

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    Original URL: https://www.afr.com/technology/redbubble-s-growth-tear-sees-it-double-revenue-in-a-year-20210216-p572tp