Inside Klaviyo’s IPO: A Financial Teardown
Explore Klaviyo’s journey into the IPO arena, the smart niche it’s carved out in ecommerce, and the financial insights shaping its future.
Elon’s Tweet Deal: Analysing the X-traordinary Purchase of Twitter
From significant layoffs to the daring rebrand to X.com, we analyse the financials behind Elon Musk’s Twitter acquisition.
Pain and capital gain: Giving Mark Wahlberg’s F45 a financial workout
Leading Australian fitness brand F45 looked ripped when they went public in 2021 with a US$1.4 billion valuation – but they’ve hit the wall hard since then. Here’s the untold story behind F45’s downfall – and how they can get back on top.
Gymshark revisited: Uncharted waters ahead for the direct-to-consumer darling?
Fitness apparel giant Gymshark just released its FY22 financials – so it’s time to take a deep dive.
Beauty and the Bust: A Financial Teardown of BWX
From beauty powerhouse to financial failure, here’s the story of how BWX’s acquisition strategy, including Go-To Skincare, backfired.
The rules of the game: A financial teardown of Games Workshop
Here’s why Games Workshop and the Warhammer franchise may be the best capital compounding business machine you’ve never heard of.
Home truths: A financial teardown of Brosa
Furniture and homewares retailers are getting crushed right now. Made.com, the UK’s publicly listed furniture store, stopped taking orders last month, citing solvency issues. Interiordefine, a custom online furniture retailer in the US, entered voluntary administration last month. And Brosa, the Australian online furniture retailer, entered voluntary administration last month, and was acquired by Kogan.…
The hidden profits in pallets: A financial teardown of Brambles
Take a look around your house. Every item of furniture you own, every product in your pantry, every material of your house construction would have been transported, at some point, on a wooden pallet. The humble pallet is the vessel that transports $trillions of goods around the globe. The design hasn’t changed in decades. It’s…
How Afterpay earns its margin
I have a love-hate relationship with Afterpay. The patriotic version of me is proud to see an Aussie fintech unicorn taking on the world. A brand that is changing the way consumers use credit. On the flip side, the fiscally responsible accountant in me despises it. A company that profits by promoting consumerism to…
The economics of accounting firms: A financial teardown of Kelly and Partners
I didn’t become an accountant because I’m good with numbers. Despite the stereotype, my mental math is terrible. I need Excel to do basic arithmetic. I gravitated towards accounting because I love the money side of business. I love uncovering how much profit a business makes. What the margins are. How minted the owners are.…