Brief: Spartoo H1 Revenue Up At Eur 74.4 Million

Spartoo SA

04/10/2021 16:54

Oct 4 (Reuters) - Spartoo SAS  ALSPT.PA :
    * SPARTOO REPORTS ITS 2021 HALF-YEAR RESULTS
    * 19% INCREASE IN GMV TO €106 MILLION, DRIVEN BY THE
EXPANSION OF
THE FASHION ITEM OFFERING AND THE SUCCESS OF THE THIRD-PARTY
SERVICES OFFERING, UP 46% OVER THE PERIOD
    * H1 ADJUSTED EBITDA EUR 2.7 MILLION VERSUS EUR 2.5 MILLION
YEAR
AGO
    * AT 30 JUNE 2021, SPARTOO HAD CASH AND CASH EQUIVALENTS OF
EUR
14.5 MILLION, NOT INCLUDING AMOUNT OF MORE THAN EUR 20 MILLION,
RAISED IN JULY AS PART OF COMPANY'S IPO
    * POST-CLOSING: SUCCESSFUL IPO LAST JULY, RESULTING IN
PROCEEDS OF
MORE THAN €20 MILLION
    * H1 REVENUE EUR 74.4 MILLION VERSUS EUR 62.3 MILLION YEAR
AGO
    * IS CONFIDENT THAT THE STRATEGIC PLAN RECENTLY ANNOUNCED AT
THE
TIME OF THE IPO WILL BE SUCCESSFULLY IMPLEMENTED - CEO

Source text for Eikon:  ID:nBwbmcFBja 
Further company coverage:  ALSPT.PA 

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