Investor exodus as Redbubble Ltd release quarterly cash flow report

Shares in global online marketplace Redbubble Ltd (ASX: RBL) are down a 5.2% to $1.63 at the time of writing after the release of its cash flow report for the quarter ended March 31, 2018.

While Redbubble reported an operating cash EBITDA loss of $500,000, the figure has improved by 75.9%, with revenue up 28.3% to $141.2 million and gross profit up 24.8% to $48.5 million.

But the company forked out a fair bit of cash over its higher seasonal cash outflows period, with operating expenses up 13.7%.

Rebubble reports its marketplace remains “healthy and vibrant” with top line growth driven by visitor number increases from mobile devices in particular and strong contribution from European markets.

Redbubble has reaffirmed a “high degree” of confidence for the final quarter with gross profit margins expected to lift the full year margin by around 35% and operating EBITDA for the FY18 expected to show significant improvement from FY17.

Investors seeking fast-growing e-commerce stocks may have turned their attention to the likes of online travel agency Webjet Limited (ASX: WEB) – up 2% to $10.93 at the time of writing – or retailer Ltd (ASX: KGN) whose shares are up 1.7% to $7.73.

Japanese Billionaire’s Prediction Will Give You Goosebumps

When a veritable investing and entrepreneurial genius speaks, it pays to listen.

In fact, he's now preparing a $100B "war chest" to invest entirely in this "terrifying" new technology, which could spell huge profits for investors.

Click here to learn about this technology and how you can profit!

Motley Fool contributor Carin Pickworth has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of REDBUBBLE FPO. The Motley Fool Australia has recommended ltd and Webjet Ltd. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The 5 mining stocks we’re recommending in 2019…

For decades, Australian mining companies have minted money for individual investors like you and me. But if you believe the pundits and talking heads on TV, those days are long gone. Finito! Behind us forever…

We say nothing could be further from the truth. To earn the really massive returns, you’ve got to fish where others aren’t fishing—and the mining sector could be primed for a resurgence. That’s why top Motley Fool analysts just revealed their exciting new research on 5 ASX miners they believe could help you profit in 2019 and beyond…


The best way we see to play the global zinc shortage… Our #1 favourite large-cap miner (hint: it’s not BHP)… one early-stage gold miner we think could hit the motherlode… Plus two more surprising companies you probably haven’t heard of yet!

For free access to our brand-new research, simply click here or the link below. But be warned, this research is available free for a limited time only, and we reserve the right to withdraw it at any time.

Click here for your FREE report!