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TIP492: The Best Investor You've Never Heard of
We Study Billionaires - The Investor’s Podcast Network
ASOS - The Stock Has Just Taken a Thrill
ASOS has a market cap of around US$650 million as of today, October 6th. In 2018, it was just over $100 per share, dropped all the way down to $30 in early 2020, rose back to $77 in early 2021. The stock is even 50% below the Covid low in March 2020. From 2017 through 2021, revenue grew from $1.9 billion to $3.9 billion, a 19% annual growth rate and gross profit grew from $958 million to $1.77 billion.
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