EQS-News

GLOBAL FASHION GROUP REPORTS Q1 2023 RESULTS

EQS-News: Global Fashion Group S.A. / Key word(s): Quarter Results/Quarter Results GLOBAL FASHION GROUP REPORTS Q1 2023 RESULTS 27.04.2023 / 08:00 CET/CEST The issuer is solely responsible for the content of this announcement. GLOBAL FASHION GROUP REPORTS Q1 2023 RESULTS

 

Luxembourg, 27 April 2023 - Global Fashion Group S.A. (“GFG”), the leading online fashion and lifestyle destination in LATAM, SEA and ANZ, focuses on cost control and inventory management, while growing Marketplace to remain on the path to profitability.

	Q1 2022	Q1 2023
Revenue[1] (€m)	222.0	198.5
% Constant Currency Growth	5.4%	(10.1)%
NMV1(€m)	326.8	303.3
% Constant Currency Growth	7.8%	(6.7)%
Gross Profit (€m)	95.0	81.5
% Margin of Revenue	42.8%	41.1%
EBIT (€m)	(29.5)	(40.1)
Adjusted EBITDA (€m)	(16.4)	(24.0)
% Margin of Revenue	(7.4)%	(12.1)%