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AAP
AAP
Business
Derek Rose

Redbubble plunges after $24.6m FY22 loss

Redbubble expects to spend as much as $12 million on brand awareness this fiscal year. (MEDIANET IMAGES PHOTO) (AAP)

Redbubble shares have plunged after the print-on-demand online marketplace saw a drop in active customers and said its operating expenses could rise as much as 31 per cent.

The Melbourne company reported on Wednesday that revenue dropped 14 per cent to $483 million in the 12 months to June 30, compared to the prior year on a constant currency basis.

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