Business
2 rapidly growing ASX shares that could be strong buys in April
If you’re looking to boost your portfolio with some growth shares, then you might want to look at the ones listed below.
Here’s why these quality ASX growth shares have been tipped as ones to buy right now:
Adore Beauty Group Limited (ASX: ABY)
The first ASX growth share to look at is Adore Beauty. It is Australia’s leading online beauty retailer, with almost 800,000 active customers.
Adore Beauty has been growing at a rapid rate in recent years and particularly during FY 2021. For example, last month the company reported an 85% increase in revenue to $96.2 million and a 188% jump in EBITDA to $5.2 million.
The good news is that this is still only a very small slice of its overall market opportunity in the region. This gives…
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