hold or buy9 Jun 2021 11:36
consistently profitable" since it listed in London back in 2014,And just last year, it began offering personalised cards through its website, allowing it to compete with its newest rivals, Moonpig and Funky Pigeon.It also sported a sizeable market share, of 30% by volume and 20% by valueThe key to its success was its ability to mass produce cards at a fraction of the cost of most retailers, boosting its margins, In the year before the pandemic it turned a pre-tax profit £65.8m on sales of £451.5m."Card Factory is well-run with a profitable business model, at least pre-Covid anyway. It has also expanded its sales into Aldi and Matalan stores. It may be a long road ahead, but there is optimism. Buy."well this price has dropped substantially but lets hope for good news Thursday and see if the price will travel north gla.