Unbound Group (AIM: UBG)

Last close As at 12/07/2024

1.75

0.00 (0.00%)

Market capitalisation

GBP1m

Latest Insights

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Consumer | Flash note

Unbound Group — Platform launch on time

Consumer | Update

Unbound Group — Strong momentum in Q123

Consumer | edison tv

Unbound Group – executive interview

Consumer | Flash note

Unbound Group — A reassuring debut

Sector

Consumer

Balance Sheet

Forecast net debt (£m)

7

Forecast gearing ratio (%)

3500

Share Price Performance

Price Performance
% 1M 3M 12M
Actual (46.2) (79.4) (93.7)
Relative (45.2) (79.5) (93.8)
52 week high/low 28.2p/1.8p

Financials

Unbound Group’s update is encouraging with respect to current trading (since April 2022). Significantly, the launch of the curated multi-brand platform, which seeks to capitalise on the strengths of and customer loyalty to its core footwear offering and expand its addressable market, is confirmed as on time with an attractive blend of new partners. The share price has been very weak amid the recent widespread derating of online retailers, leading to an attractive prospective FY23e P/E multiple of 7.8x.

Y/E Jan Revenue (£m) EBITDA (£m) PBT (£m) EPS (fd) (p) P/E (x) P/CF (x)
2020A 85.5 10.9 0.5 N/A N/A N/A
2021A 44.5 (6.9) (14.3) N/A N/A N/A

Research

Flash note

Consumer

Unbound Group — A reassuring debut

Initiation

Consumer

Unbound Group — A platform for growth

Thematics

thematic

Consumer

ConsumerWatch – Give me a reason to love you

thematic

Consumer

ConsumerWatch – At least someone loves me

thematic

Consumer

ConsumerWatch – Falling into the fall

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