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Articore Boosts Margins and Cuts Costs Amid Marketplace Revenue Slide
8:24am on Thursday 30th of January, 2025 AEDT
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E-commerce
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Articore Boosts Margins and Cuts Costs Amid Marketplace Revenue Slide
8:24am on Thursday 30th of January, 2025 AEDT
Key Points
Marketplace revenue down 12% in 1HFY25
Annualised cost savings of $12–14 million identified
FY25 operating expenses guidance lowered to $89–92 million
Gross profit after paid acquisition margin guidance raised to 25–27%
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