Prior close: $4.49
Cash flow bubbling to the surface
Redbubble (RBL) runs online marketplaces for artists. The company has been a dramatic outperformer since the start of COVID-19, increasing in market value ten-fold as accelerating digital trends led to faster than expected revenue and earnings growth.
The key question at this point is whether the recent revenue surge is temporary due to COVID-19, or whether the company is set to benefit from a longer term structural shift towards online marketplaces.