MYTE - Mytheresa - ADS GAAP EPS of -Euro0.06 revenue of Euro198.9M; updates FY23 guidance

2023-05-10 06:06:03 ET

• Mytheresa - ADS press release ( NYSE: MYTE ): Q3 GAAP EPS of -€0.06.
• Revenue of €198.9M (+17.3% Y/Y).
• Gross Merchandise Value growth of 17.8% to €219.8 million in Q3 FY23 as compared to €186.6 million in the prior year period.
• Number of top customer growth of 28.1% in Q3 of FY23 and increase in GMV per top customer of 6.7%.
• Gross Profit margin of 45.6% in Q3 FY23 as compared to 48.8% in the prior year period due to significant increase in promotional intensity by competitors.
• Continued profitability with adjusted EBITDA of €3.2 million in Q3 FY23, representing an Adjusted EBITDA margin of 1.6%.
• Outlook: For the full fiscal year ending June 30, 2023, we expect:
  • GMV in the range of €845 million to 860 million, representing 13% to 15% growth
  • Net Sales in the range of €750 million to €765 million, representing 9% to 11% growth
  • Gross Profit in the range of €380 million to 386 million, representing 7% to 9% growth
  • And Adjusted EBITDA in the range of €34 to 43 million and an Adjusted EBITDA margin between 4.5% and 5.5%

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