ASX

A GOOD READ: Booktopia’s sales and profits explode

- April 30, 2021 < 1 MIN READ

Australia’s love of reading has seen quarterly sales at ASX-list online retailer Booktopia soar 53% in a year. The company (ASX: BKG) had already upgraded its revenue and EDBITDA forecasts for FY2021 just two months after listing last December and today released its March quarter figures, saying it was on track to meet the upgraded… Read more »

News & Analysis

Booktopia raises $20 million from private investors ahead of becoming Australia’s top book retailer

- February 6, 2020 2 MIN READ

Booktopia has rebounded from an aborted $10 million crowdfunding campaign last year to land double that amount as it pushes towards becoming the company leading book retailer. Champ Ventures CEO and co-founder Su-Ming Wong and JBS Investments CEO and founder John Sampson led a consortium of investors in a $20 million capital raise as the… Read more »

News & Analysis

Online retailer Booktopia abandons crowdfunding after falling short of its target

- June 11, 2019 3 MIN READ

Booktopia CEO and co-founder Tony Nash   Online bookseller Booktopia wanted to raise $10 million from an equity crowdfund Despite having nearly 2 million customers, just 850 people invested, raising less than 9% of the target The Sydney-based retailer is now talking to private investors  Leading Australian book retailer Booktopia has walked away from its… Read more »