Business
2 excellent ASX growth shares that are rated highly
If you’re a growth investor then you’re in luck. The Australian share market is home to a number of quality shares that have the potential to grow strongly in the future.
Two top ASX growth shares that have been tipped as buys are listed below. Here’s why they are highly rated:
The first ASX growth share to look at is Redbubble. This ecommerce company’s shares have come under significant pressure this month following the release of its third quarter update.
For the three months ended 31 March, Redbubble reported a 54% increase in gross transaction value to $134 million. However, from this, it only generated EBITDA of $2.2 million. This compares to its first half EBITDA of $48.8 million, which averages out at $24.4 million…
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