Adore Beauty Group Ltd (OTCPK:ADBGF)
$ 0.65 (0%) Market Cap: 19.70 Mil Enterprise Value: 33.74 Mil PE Ratio: 100.00 PB Ratio: 0.69 GF Score: 37/100

Half Year 2024 Adore Beauty Group Ltd Earnings Call Transcript

Feb 25, 2024 / 11:30PM GMT
Operator

Thank you for standing by, and welcome to the Adore Beauty Group Limited first half 2014 results conference call. (Operator Instructions)

I would now like to hand the conference over to Ms. Tamalin Morton, CEO. Please go ahead.

Tamalin Morton
Adore Beauty Group Ltd - Chief Executive Officer

Thank you. Good morning, everyone. I'm Tamalin Morton, CEO, Adore Beauty Group. I'd like to begin by acknowledging the traditional owners of the land on which we meet today and pay my respects to their Elders, past and present.

Thanks for joining us today to discuss Adore Beauty's results for the first half of the 2024 financial year. We will be referencing slides from the investor presentation uploaded to the ASX earlier this morning. Here with me, is our CFO, Stephanie Carroll.

Adore Beauty has had a solid start to FY24, delivering growth across key metrics in a challenging retail environment. Revenue of $100.7 million, increased 7% over the prior corresponding period, driven by a record 507,000 returning customers. Our continued focus on

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