Nice article, thank you. With a market cap of 3,316m, it looks pricey to me.
https://otp.tools.investis.com/Utilities/PDFDownload.aspx?Newsid=1331555
Interim results for the six months ended 31 August 2019
Profit before tax 45.2m is up 83% on the same period 2018.
Guidance
As announced on 5 September 2019, group revenue growth for the year to 29 February 2020 is expected to be 33% to 38%, with adjusted EBITDA margin for the financial year to remain at around 10%
At the top end, that gives annual revenue of ~1,182m and ~118m adjusted EBITDA. It’s not clear to me that this company has the ability to scale exponentially like say a software company.
https://otp.tools.investis.com/clients/uk/boohoo/rns/regulatory-story.aspx?cid=798&newsid=1351164
Carol Kane selling a third of her holding seems like a warning sign. It’s more than just needing money for a new car or whatever!