Moonpig has posted a 113 per cent increase in its full year revenues to April 30th 2021 which is its first full year since it floated on the LSE. Coming in at £368.2 million, generating an adjusted pre-tax profit of £74.6 million, the business is suggesting that sales for the current financial year will be between £25 million – £260 million.
“The past year was a milestone year for Moonpig Group as we accelerated the delivery of our strategy to become the ultimate gifting companion, double both revenue and adjusted EBITDA, dispatched over 50 million customer orders and floated on the London Stock Exchange,” said Nickyl Raithatha, Moonpig CEO.
“We have completed a three-year technology and data re-platforming project which allows us to leverage our unique gifting dataset in new ways by personalising the customer experience and accelerating the pace at which we deploy innovation. The sale of our proprietary data, with over 50 million reminders set, is a growing source of competitive advantage.”
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