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The price equates to 3.9 times its 2020 revenue. Its vision is to help women feel more confident and fabulous every day by delivering an empowering and engaging beauty shopping experience personalised to their needs. Adore Beauty has today launched a prospectus with the Australian Securities and Investments Commission to list on the Australian Stock Exchange, and is looking to raise $269.5 million through an IPO. Official quotation of ABY’s ordinary fully paid shares is expected to commence at 12:00 PM (AEDT) on Friday, 23 October 2020 on a conditional and deferred settlement basis. ABN 49 … Morgan Stanley analysts valued Adore Beauty at $651 million to $870 million, or 4.1 times to 5.5 times forecast revenue for the 2020 calendar year. Adore Beauty Group Limited operates beauty e-commerce platforms. Once listed, the company will have 94.1m securities and a market value of $635.3m and an enterprise value of $614.8m. The Company offers cosmetic, skin care, make up, hair, and fragrance products. We are also a Corporate Authorised Representative of Countrywide Insurance Group Pty Limited. Website: www.gleneagle.com.au. Adore Beauty Group Limited (ABY) Announcements. This exceeds its prospectus forecast of $89 million by 7%. It is anticipated that Adore Beauty Group Limited (‘ABY’) will be admitted to the Official List of ASX Limited (‘ASX’) on the morning of Friday, 23 October 2020. Read detailed company information and latest announcements from Adore Beauty Group Limited including news headlines & gain/loss. Source: Adore Beauty prospectus. The valuation was done using a … Gleneagle Securities Pty Ltd (Aust) Pty Ltd, ABN 58 136 930 526 is located Level 27, 25 Bligh Street, Sydney NSW 2000, Australia. According to Adore's prospectus, industry experts estimate the total beauty and personal care market in Australia generated sales of $10.9 billion in … : Get the latest Adore Beauty Group stock price and detailed information including news, historical charts and realtime prices. × Education and entertainment are core elements of Adore Beauty’s offering – and its platform is a destination for beauty consumers even when they … ... services and providers. Adore Beauty is Australia’s number one pureplay online beauty retailer. The Adore Beauty Group Ltd share price has dropped lower again on Tuesday following the release of an announcement. The offer values the company at $614.8 million, and will be based on an offer price of $6.75 per share and feature the ASX code ABY. Thank you for being a part of the Manuka Resources Limited Initial Public Offering (IPO). 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