Full Year 2025 ABOUT YOU Holding SE Earnings Call Transcript
Key Points
- ABOUT YOU Holding SE achieved a top-down growth of 3.4% year on year and improved profitability with an adjusted EBITDA of EUR28.1 million.
- The company saw a record increase in LTM active customers by 4.8% to 12.9 million, driven by improved retention and new customer acquisition.
- SCAYLE delivered a successful year with revenue growth of 11.5% and a strong ARR growth of 23%, maintaining a healthy adjusted EBITDA margin of 47%.
- The group gross margin increased by 170 basis points to 40.4%, driven by high-margin tech revenues and improved inventory positions.
- ABOUT YOU generated a positive IFRS free cash flow of EUR55.5 million, resulting in a solid cash balance of EUR154.5 million at the end of FY24-'25.
- The average order frequency per active customer declined by 3.4% to 3.0 transactions over the last 12 months.
- The group adjusted EBITDA margin was negative 1% in Q4 '24-'25, despite improvements in profitability.
- The gross margin declined by 170 basis points to 37.6% in Q4 due to revenue mix and comp effects.
- The company is facing uncertainties due to the upcoming Zalando transaction, impacting revenue growth guidance.
- Commerce operating profit remains in negative territory, with expectations for positive adjusted EBITDA in the near term.
Good morning, ladies and gentlemen. My name is Seb, and I'll be your conference operator today. At this time, I would like to welcome you to ABOUT YOU Holding SE's earnings conference call for the financial year 2024 and 2025. At our customer's request, this call will be recorded.
(Operator Instructions) Thank you. Frank Böhme, Head of Investor Relations and Communications, you may begin your conference.
Good morning, everyone, and welcome to our full-year '24-'25 results presentation. Today's conference call will be hosted by Hannes Wiese, Co-Founder and Co-CEO of ABOUT YOU. Hannes will walk you through our Q4 and full-year results in just a second.
The corresponding slides to his presentation have been published on our IR website under the Publications section this morning. After his presentation, Hannes will be happy to answer your questions. And with this, I hand it over to you, Hannes.
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
