Q1 FY23 Outcomes: Mytheresa accelerates development with GMV up 21% in Q1 FY23 and confirms full FY23 GMV & Adjusted EBITDA steering
Writer of the article:
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- Sturdy Q1 FY23 with 20.8% Gross Merchandise Worth (GMV) development to €197.9 million and an Adjusted EBITDA margin of 6.6%
- Gross Revenue margin will increase to 49.9% in Q1 FY23 in comparison with 49.0% within the earlier yr quarter
- Full FY23 steering for GMV at 16% to 22% development with a steady Adjusted EBITDA margin of 9.0% to 9.5% confirmed
MUNICH — MYT Netherlands Father or mother B.V. (NYSE: MYTE) (“Mytheresa” or the “Firm”), the father or mother firm of Mytheresa Group GmbH, immediately introduced monetary outcomes for its first quarter of fiscal yr 2023 ended September 30, 2022. The luxurious multi-brand digital platform delivered sturdy ends in the primary quarter of accelerated top-line development with continued profitability. This demonstrates the elemental energy and consistency of a very differentiated enterprise with a novel buyer focus, a extremely adaptive enterprise mannequin and excellent operational excellence.
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Michael Kliger, Chief Government Officer of Mytheresa, mentioned, “Our acceleration in GMV development in the course of the quarter over the earlier quarters in 2022 units us other than different digital platforms and the only real concentrate on the high-end luxurious sector, each by way of clients in addition to manufacturers, makes us foremost a luxurious enterprise and never only a digital enterprise. We imagine that our outcomes exhibit the elemental energy, resilience and consistency of our enterprise, which has at all times delivered worthwhile development. With our distinctive buyer focus, a extremely adaptive enterprise mannequin and operational excellence we’re very assured to ship in opposition to our communicated targets for full fiscal yr 2023, regardless of ongoing challenges within the macro surroundings.”
Kliger continued, “The Mytheresa enterprise mannequin is effectively diversified and agile. We achieved development throughout all our classes together with our just lately launched Life class with house and way of life merchandise in addition to throughout all geographies. We achieved once more an above common GMV development within the US the place we proceed to win purchasers as a consequence of our distinctive edit and the numerous ‘cash can’t purchase experiences’ for our prime clients. We additionally achieved excellent development in Mainland China, the place we develop our native groups and make investments into activations underneath our new native management.”
FINANCIAL HIGHLIGHTS FOR THE FIRST QUARTER ENDED SEPTEMBER 30, 2022
- GMV development of 20.8% year-over-year to €197.9 million, in comparison with €163.9 million within the prior yr interval
- Internet Gross sales improve of €18.1 million, or 11.4% year-over-year to €175.9 million as a consequence of deliberate transition of manufacturers to the Curated Platform Mannequin (CPM) and the next impact of recording the platform charge as Internet Gross sales
- Enhance of 90 foundation factors in Gross Revenue margin to 49.9% in comparison with 49.0% within the prior yr interval, pushed by a rise in gross sales from CPM which generates 100% gross margin with no value of gross sales in addition to our full value promoting mannequin
- Adjusted EBITDA of €11.6 million in comparison with €14.0 million within the earlier yr quarter with an Adjusted EBITDA margin of 6.6% in Q1 FY 23
RECENT BUSINESS HIGHLIGHTS
Sturdy International Enlargement:
- Additional accelerated GMV development with +20.8% vs. Q1 FY22
- Above common GMV development once more in the USA with +28.5% vs. Q1 FY22
- Excessive-impact prime buyer and model accomplice occasions held in Europe and the USA throughout all main Style Weeks
- Announcement of The China Designer Program by Mytheresa to help and create visibility for Chinese language luxurious designers
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Continued Model Partnerships:
- Launch of unique capsule collections and pre-launches in collaboration with Gucci, Chloé, Givenchy, Christian Louboutin, Jacquemus, Loewe, Bottega Veneta and plenty of extra
- Unique launch of the Etro Love Trotter bag on Mytheresa straight on the day it confirmed throughout Marco De Vincenzo’s first Etro present
- Continued enlargement of the Curated Platform Mannequin (CPM) with 7 manufacturers now stay
Excessive-quality Buyer Development:
- LTM development of energetic clients of 13.4% reaching 800,000 clients
- Stable variety of first-time consumers in Q1 FY23 with over 105,000 new clients
- Repurchase charges of latest buyer cohorts acquired in This fall FY22 confirmed constructive pattern vs. This fall FY21 cohort in respective Q1
- Sturdy development of variety of prime clients with 22.7% in Q1 FY23 vs. Q1 FY22 in addition to a rise in common GMV per all clients of 6.5% in Q1 FY23 vs. Q1 FY22 underlining clear concentrate on high quality of buyer acquisitions
Constant Sturdy Operational Efficiency:
- Maintained very excessive buyer satisfaction with an industry-leading Internet Promoter Rating of 81.0% in Q1 FY23
- Achieved sturdy gross revenue margin with 49.9% in Q1 FY23 based mostly on continued concentrate on full-price enterprise and rising share of CPM which generates 100% gross revenue with no value of gross sales
- Operational indicators in Q1 FY23 underlined resilience and adaptableness of the Mytheresa enterprise mannequin regardless of difficult macro circumstances
- Revealed first ESG achievement report highlighting progress in opposition to outlined ESG commitments
BUSINESS OUTLOOK
For the complete fiscal yr ending June 30, 2023, we verify our earlier steering:
- GMV within the vary of €865 million to €910 million, representing a 16% to 22% development
- Internet Gross sales of €755 million to €800 million, representing 10% to 16% development
- Gross Revenue at €410 million to €435 million, representing a 16% to 22% development
- Adjusted EBITDA within the vary of €68 million to €76 million and an Adjusted EBITDA margin of 9.0% to 9.5%
For the medium-term we verify our targets of annual GMV Development of twenty-two% to 25% in addition to an Adjusted EBITDA margin round 9% to 10%.
The foregoing forward-looking statements mirror Mytheresa’s expectations as of immediately’s date. Given the variety of threat components, uncertainties and assumptions mentioned beneath, precise outcomes could differ materially. Mytheresa doesn’t intend to replace its forward-looking statements till its subsequent quarterly outcomes announcement, aside from in publicly accessible statements.
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CONFERENCE CALL AND WEBCAST INFORMATION
Mytheresa will host a convention name to debate its first quarter of fiscal yr 2023 monetary outcomes on November 8, 2022 at 8:00am Jap Time. These wishing to take part by way of webcast ought to entry the decision via Mytheresa’s Investor Relations web site at https://traders.mytheresa.com. These wishing to take part by way of the phone could dial in at +1 (877) 269-7751 (USA) or +1 (201) 389-0908 (Worldwide). The passcode might be 13733608. The convention name replay might be accessible by way of webcast via Mytheresa’s Investor Relations web site. The phone replay might be accessible from 11:00am Jap Time on November 8, 2022, via November 15, 2022, by dialing +1 (844) 512-2921 (USA) or +1 412 317 6671 (Worldwide). The replay passcode might be 13733608.
FORWARD LOOKING STATEMENTS
This press launch comprises “forward-looking statements” inside the which means of Part 27A of the Securities Act of 1933, as amended, and Part 21E of the Securities Change Act of 1934, as amended, together with statements regarding the affect of the COVID-19 international pandemic; the affect of restrictions on use of identifiers for advertisers (IDFA); future gross sales, bills, and profitability; future growth and anticipated development of our enterprise and {industry}; our potential to execute our enterprise mannequin and our enterprise technique; having accessible adequate money and borrowing capability to fulfill working capital, debt service and capital expenditure necessities for the subsequent twelve months; and projected capital spending. In some circumstances, you may establish forward-looking statements by the next phrases: “anticipate,” “imagine,” “proceed,” “may,” “estimate,” “anticipate,” “intend,” “could,” “ongoing,” “plan,” “potential,” “predict,” “undertaking,” “ought to,” “will,” “would” or the adverse of those phrases or different comparable terminology, though not all forward-looking statements include these phrases. These statements are solely predictions. Precise occasions or outcomes could differ materially from these acknowledged or implied by these forward-looking statements. In evaluating these statements and our prospects, it’s best to rigorously think about the components set forth beneath.
We undertake no obligation to replace any forward-looking statements made on this press launch to mirror occasions or circumstances after the date of this press launch or to mirror new data or the prevalence of unanticipated occasions, besides as required by legislation.
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The achievement or success of the issues lined by such forward-looking statements entails identified and unknown dangers, uncertainties and assumptions. If any such dangers or uncertainties materialize or if any of the assumptions show incorrect, our outcomes may differ materially from the outcomes expressed or implied by the forward-looking statements we make.
You shouldn’t rely on forward-looking statements as predictions of future occasions. Ahead-looking statements characterize our administration’s beliefs and assumptions solely as of the date such statements are made.
Additional data on these and different components that would have an effect on our monetary outcomes is included in filings we make with the U.S. Securities and Change Fee (“SEC”) every so often, together with the part titled “Threat Components” included within the type 20-F filed on October 15, 2021 underneath Rule 424(b)(4) of the Securities Act. These paperwork can be found on the SEC’s web site at www.sec.gov and on the SEC Filings part of the Investor Relations part of our web site at: https://traders.mytheresa.com.
ABOUT NON-IFRS FINANCIAL MEASURES AND OPERATING METRICS
We assessment quite a lot of working and monetary metrics, together with the next enterprise and non-IFRS metrics, to guage our enterprise, measure our efficiency, establish developments affecting our enterprise, formulate enterprise plans and make strategic choices. We current Adjusted EBITDA, Adjusted Working Earnings, Adjusted Internet Earnings and Adjusted EBITDA Margin in addition to Adjusted Working Earnings Margin and Adjusted Internet Earnings Margin as a result of they’re continuously utilized by analysts, traders and different events to guage corporations in our {industry}. Additional, we imagine these measures are useful in highlighting developments in our working outcomes, as a result of they exclude the affect of things which can be exterior the management of administration or not reflective of our ongoing operations and efficiency. Adjusted EBITDA, Adjusted Working Earnings, and Adjusted Internet Earnings have limitations, as a result of they exclude sure forms of bills. We use Adjusted EBITDA, Adjusted Working Earnings, Adjusted Internet Earnings in addition to Adjusted EBITDA Margin, Adjusted Working Earnings Margin and Adjusted Internet Earnings Margin as supplemental data solely. You’re inspired to guage every adjustment and the explanations we think about it applicable for supplemental evaluation.
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Our non-IFRS monetary measures embrace:
- Adjusted EBITDA is a non-IFRS monetary measure that we calculate as internet revenue earlier than finance expense (internet), taxes, and depreciation and amortization, adjusted to exclude IPO preparation and transaction prices, Different transaction-related, sure authorized and different bills and IPO-related share-based compensation bills. Adjusted EBITDA Margin is a non-IFRS measure which is calculated in relation to internet gross sales.
- Adjusted Working Earnings is a non-IFRS monetary measure that we calculate as working revenue, adjusted to exclude IPO preparation and transaction prices, Different transaction-related, sure authorized and different bills and IPO-related share-based compensation bills. Adjusted Working Earnings Margin is a non-IFRS measure which is calculated in relation to internet gross sales.
- Adjusted Internet Earnings is a non-IFRS monetary measure that we calculate as internet revenue, adjusted to exclude finance bills on our Shareholder Loans, IPO preparation and transaction prices, Different transaction-related, sure authorized and different bills, IPO-related share-based compensation bills and associated revenue tax results. Adjusted Internet Earnings Margin is a non-IFRS measure which is calculated in relation to internet gross sales.
We aren’t in a position to forecast internet revenue (loss) on a forward-looking foundation with out unreasonable efforts because of the excessive variability and problem in predicting sure gadgets that have an effect on internet revenue (loss), together with, however not restricted to, Earnings taxes and Curiosity expense and, because of this, are unable to offer a reconciliation to forecasted Adjusted EBITDA.
Gross Merchandise Worth (GMV) is an operative measure and means the overall Euro worth of orders processed. GMV is inclusive of merchandise worth, delivery and responsibility. It’s internet of returns, worth added taxes, relevant gross sales taxes and cancellations. GMV doesn’t characterize income earned by us. We use GMV as an indicator for the utilization of our platform that’s not influenced by the combination of direct gross sales and fee gross sales. The symptoms we use to watch utilization of our platform embrace, amongst others, energetic clients, whole orders shipped and GMV.
ABOUT MYTHERESA
Mytheresa is without doubt one of the main international luxurious vogue e-commerce platforms delivery to over 130 international locations. Based as a boutique in 1987, Mytheresa launched on-line in 2006 and presents ready-to-wear, sneakers, luggage and equipment for womenswear, menswear and kidswear. In 2022, Mytheresa expanded its luxurious providing to house décor and way of life merchandise with the launch of the class “LIFE”. The extremely curated edit of over 200 manufacturers focuses on true luxurious manufacturers equivalent to Bottega Veneta, Burberry, Dolce&Gabbana, Gucci, Loewe, Loro Piana, Moncler, Prada, Saint Laurent, Valentino, and plenty of extra. Mytheresa’s distinctive digital expertise relies on a pointy concentrate on high-end luxurious consumers, unique product and content material choices, main expertise and analytical platforms in addition to prime quality service operations. The NYSE listed firm reported €747.3 million GMV in fiscal yr 2022 (+21.3% vs. FY21).
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For extra data, please go to https://traders.mytheresa.com.
MYT Netherlands Father or mother B.V.
Monetary Outcomes and Key Working Metrics
(Quantities in € hundreds of thousands)
|
Three Months Ended |
|||||
|
September 30, |
September 30, |
Change |
|||
|
(in hundreds of thousands) (unaudited) |
|||||
|
Gross Merchandise Worth (GMV) (1) |
€ 163.9 |
€ 197.9 |
20.8% |
||
|
Energetic buyer (LTM in hundreds) (1), (2) |
705 |
800 |
13.4% |
||
|
Complete orders shipped (LTM in hundreds) (1), (2) |
1,580 |
1,839 |
16.4% |
||
|
Internet gross sales |
€ 157.8 |
€ 175.9 |
11.4% |
||
|
Gross revenue |
€ 77.3 |
€ 87.8 |
13.6% |
||
|
Gross revenue margin(3) |
49.0% |
49.9% |
90 BPs |
||
|
Adjusted EBITDA(4) |
€ 14.0 |
€ 11.6 |
(17.4%) |
||
|
Adjusted EBITDA margin(3) |
8.9% |
6.6% |
(230 BPs) |
||
|
Adjusted Working Earnings(4) |
€ 11.8 |
€ 9.0 |
(23.6%) |
||
|
Adjusted Working Earnings margin(3) |
7.5% |
5.1% |
(240 BPs) |
||
|
Adjusted Internet Earnings(4) |
€ 8.2 |
€ 6.1 |
(26.1%) |
||
|
Adjusted Internet Earnings margin(3) |
5.2% |
3.5% |
(170 BPs) |
||
|
(1) Definition of GMV, Energetic buyer and Complete orders shipped might be discovered on web page 27 in our Interim Report. (2) Energetic clients and whole orders shipped are calculated based mostly on orders shipped from our websites over the past twelve months (3) As a proportion of internet gross sales. (4) Adjusted EBITDA, Adjusted Working Earnings, Adjusted Internet Earnings and Adjusted EBITDA Margin, Adjusted Working Margin and |
|||||
MYT Netherlands Father or mother B.V.
Monetary Outcomes and Key Working Metrics
(Quantities in € hundreds of thousands)
The next tables set forth the reconciliations of internet revenue to adjusted EBITDA, working revenue to adjusted working revenue and internet revenue to adjusted internet revenue, and their corresponding margins as a proportion of internet gross sales:
|
Three Months Ended |
|||||
|
September 30, 2021 |
September 30, |
Change |
|||
|
(in hundreds of thousands) (unaudited) |
|||||
|
Internet revenue |
€ (7.3) |
€ (3.8) |
(47.8%) |
||
|
Finance bills, internet |
€ 0.2 |
€ 0.4 |
96.8% |
||
|
Earnings tax expense |
€ 3.4 |
€ 2.6 |
(24.3%) |
||
|
Depreciation and amortization |
€ 2.2 |
€ 2.5 |
16.7% |
||
|
thereof depreciation of right-of use belongings |
€ 1.3 |
€ 1.7 |
27.9% |
||
|
EBITDA |
€ (1.5) |
€ 1.7 |
(211.7%) |
||
|
Different transaction-related, sure authorized and different bills (1) |
€ 0.0 |
€ 1.5 |
N/A |
||
|
IPO associated share-based compensation(2) |
€ 15.5 |
€ 8.4 |
(45.7%) |
||
|
Adjusted EBITDA |
€ 14.0 |
€ 11.6 |
(17.4%) |
||
|
Reconciliation to Adjusted EBITDA Margin |
|||||
|
Internet Gross sales |
€ 157.8 |
€ 175.9 |
11.4% |
||
|
Adjusted EBITDA margin |
8.9% |
6.6% |
(230 BPs) |
||
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|
Three Months Ended |
|||||
|
September 30, |
September 30, |
Change |
|||
|
(in hundreds of thousands) (unaudited) |
|||||
|
Working Earnings |
€ (3.7) |
€ (0.9) |
(76.9%) |
||
|
Different transaction-related, sure authorized and different bills (1) |
€ 0.0 |
€ 1.5 |
N/A |
||
|
IPO associated share-based compensation(2) |
€ 15.5 |
€ 8.4 |
(45.7%) |
||
|
Adjusted Working Earnings |
€ 11.8 |
€ 9.0 |
(23.6%) |
||
|
Reconciliation to Adjusted Working Earnings Margin |
|||||
|
Internet Gross sales |
€ 157.8 |
€ 175.9 |
11.4% |
||
|
Adjusted Working Earnings margin |
7.5% |
5.1% |
(240 BPs) |
||
|
Three Months Ended |
|||||
|
September 30, |
September 30, |
Change |
|||
|
(in hundreds of thousands) (unaudited) |
|||||
|
Internet Earnings |
€ (7.3) |
€ (3.8) |
(47.8%) |
||
|
Different transaction-related, sure authorized and different bills(1) |
€ 0.0 |
€ 1.5 |
N/A |
||
|
IPO associated share-based compensation(2) |
€ 15.5 |
€ 8.4 |
(45.7%) |
||
|
Adjusted Internet Earnings |
€ 8.2 |
€ 6.1 |
(26.1%) |
||
|
Reconciliation to Adjusted Internet Earnings Margin |
|||||
|
Internet Gross sales |
€ 157.8 |
€ 175.9 |
11.4% |
||
|
Adjusted Internet Earnings margin |
5.2% |
3.5% |
(170 BPs) |
||
|
(1) Different transaction-related, sure authorized and different bills represents (i) sure authorized bills incurred exterior the atypical (2) In fiscal 2021, with the efficient IPO, sure key administration personnel acquired a one-time granted share-based compensation, |
|||||
MYT Netherlands Father or mother B.V.
Unaudited Condensed Consolidated Statements of Revenue or Loss and Complete Earnings
(Quantities in € hundreds, besides share and per share information)
|
Three Months Ended |
|||||
|
(in € hundreds) |
September 30, 2021 |
September 30, 2022 |
|||
|
Internet gross sales |
157,832 |
175,890 |
|||
|
Value of gross sales, unique of depreciation and amortization |
(80,516) |
(88,095) |
|||
|
Gross revenue |
77,316 |
87,795 |
|||
|
Transport and cost value |
(19,966) |
(24,029) |
|||
|
Advertising and marketing bills |
(22,427) |
(25,354) |
|||
|
Promoting, basic and administrative bills |
(36,158) |
(37,643) |
|||
|
Depreciation and amortization |
(2,182) |
(2,547) |
|||
|
Different revenue (loss), internet |
(281) |
926 |
|||
|
Working revenue |
(3,699) |
(853) |
|||
|
Finance revenue |
– |
4 |
|||
|
Finance prices |
(189) |
(376) |
|||
|
Finance revenue (prices), internet |
(189) |
(372) |
|||
|
Loss earlier than revenue taxes |
(3,888) |
(1,225) |
|||
|
Earnings tax expense |
(3,408) |
(2,581) |
|||
|
Internet loss |
(7,296) |
(3,806) |
|||
|
Money Movement Hedge |
(1,081) |
(3,059) |
|||
|
Earnings Taxes associated to Money Movement Hedge |
267 |
854 |
|||
|
Overseas foreign money translation |
(25) |
(25) |
|||
|
Different complete loss |
(839) |
(2,230) |
|||
|
Complete loss |
(8,136) |
(6,036) |
|||
|
Fundamental & diluted earnings per share |
€ |
(0.09) |
€ |
(0.04) |
|
|
Weighted common atypical shares excellent (fundamental and diluted) – in hundreds of thousands |
84.5 |
86.5 |
|||
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MYT Netherlands Father or mother B.V.
Unaudited Condensed Consolidated Statements of Monetary Place
(Quantities in € hundreds)
|
(in € hundreds) |
June 30, 2022 |
September 30, 2022 |
|||
|
Property |
|||||
|
Non-current belongings |
|||||
|
Non-current monetary belongings |
294 |
642 |
|||
|
Intangible belongings and goodwill |
155,223 |
155,125 |
|||
|
Property and gear |
17,691 |
22,056 |
|||
|
Proper-of-use belongings |
21,677 |
45,829 |
|||
|
Deferred tax belongings |
6,090 |
6,090 |
|||
|
Complete non-current belongings |
200,975 |
229,742 |
|||
|
Present belongings |
|||||
|
Inventories |
230,144 |
262,197 |
|||
|
Commerce and different receivables |
8,276 |
6,145 |
|||
|
Different belongings |
61,874 |
32,606 |
|||
|
Money and money equivalents |
113,507 |
87,891 |
|||
|
Complete present belongings |
413,801 |
388,840 |
|||
|
Complete belongings |
614,776 |
618,582 |
|||
|
Shareholders’ fairness and liabilities |
|||||
|
Subscribed capital |
1 |
1 |
|||
|
Capital reserve |
498,872 |
509,494 |
|||
|
Collected Deficit |
(68,734) |
(72,540) |
|||
|
Collected different complete revenue (loss) |
1,528 |
(702) |
|||
|
Complete shareholders’ fairness |
431,667 |
436,252 |
|||
|
Non-current liabilities |
|||||
|
Provisions |
758 |
2,621 |
|||
|
Lease liabilities |
16,817 |
39,362 |
|||
|
Deferred tax liabilities |
3,661 |
4,116 |
|||
|
Complete non-current liabilities |
21,237 |
46,099 |
|||
|
Present liabilities |
|||||
|
Tax liabilities |
25,892 |
21,963 |
|||
|
Lease liabilities |
5,189 |
5,285 |
|||
|
Contract liabilities |
10,746 |
6,341 |
|||
|
Commerce and different payables |
45,156 |
34,968 |
|||
|
Different liabilities |
74,889 |
67,675 |
|||
|
Complete present liabilities |
161,872 |
136,232 |
|||
|
Complete liabilities |
183,109 |
182,330 |
|||
|
Complete shareholders’ fairness and liabilities |
614,776 |
618,582 |
MYT Netherlands Father or mother B.V.
Unaudited Condensed Consolidated Statements of Modifications in Fairness
(Quantities in € hundreds)
|
(in € hundreds) |
Subscribed |
Capital |
Collected |
Hedging |
Overseas foreign money |
Complete |
||||||
|
Stability as of July 1, 2021 |
1 |
444,951 |
(60,837) |
– |
1,602 |
385,718 |
||||||
|
Internet loss |
– |
– |
(7,296) |
– |
– |
(7,296) |
||||||
|
Different complete loss |
– |
– |
– |
(814) |
(25) |
(839) |
||||||
|
Complete loss |
– |
– |
(7,296) |
(814) |
(25) |
(8,136) |
||||||
|
Share-based compensation |
– |
16,134 |
– |
– |
– |
16,134 |
||||||
|
Stability as of September 30, 2021 |
1 |
461,086 |
(68,133) |
(814) |
1,577 |
393,716 |
||||||
|
Stability as of July 1, 2022 |
1 |
498,872 |
(68,734) |
– |
1,528 |
431,667 |
||||||
|
Internet loss |
– |
– |
(3,806) |
– |
– |
(3,806) |
||||||
|
Different complete loss |
– |
– |
– |
(2,205) |
(25) |
(2,230) |
||||||
|
Complete loss |
– |
– |
(3,806) |
(2,205) |
(25) |
(6,036) |
||||||
|
Share choices exercised |
– |
1,077 |
– |
– |
– |
1,077 |
||||||
|
Share-based compensation |
– |
9,544 |
– |
– |
– |
9,544 |
||||||
|
Stability as of September 30, 2022 |
1 |
509,494 |
(72,540) |
(2,205) |
1,503 |
436,252 |
MYT Netherlands Father or mother B.V.
Unaudited Condensed Consolidated Statements of Money Flows
(Quantities in € hundreds)
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|
Three months ended September 30, |
|||||
|
(in € hundreds) |
2021 |
2022 |
|||
|
Internet loss |
(7,296) |
(3,806) |
|||
|
Changes for |
|||||
|
Depreciation and amortization |
2,182 |
2,547 |
|||
|
Finance (revenue) prices, internet |
189 |
372 |
|||
|
Share-based compensation |
16,134 |
9,544 |
|||
|
Earnings tax expense |
3,408 |
2,581 |
|||
|
Change in working belongings and liabilities |
|||||
|
(Lower) improve in provisions |
17 |
1,863 |
|||
|
(Enhance) lower in inventories |
(17,901) |
(32,053) |
|||
|
(Enhance) lower in commerce and different receivables |
1,274 |
2,130 |
|||
|
Lower (improve) in different belongings |
(506) |
29,962 |
|||
|
(Lower) improve in different liabilities |
3,713 |
(10,936) |
|||
|
Enhance (lower) in contract liabilities |
(3,202) |
(4,405) |
|||
|
Enhance (lower) in commerce and different payables |
(16,336) |
(10,253) |
|||
|
Lower (improve) in non-current monetary belongings |
(13) |
(343) |
|||
|
Earnings taxes paid |
(831) |
(5,207) |
|||
|
Internet money utilized in working actions |
(19,166) |
(18,004) |
|||
|
Expenditure for property and gear and intangible belongings |
(356) |
(5,092) |
|||
|
Internet money (utilized in) investing actions |
(356) |
(5,092) |
|||
|
Curiosity paid |
(189) |
(372) |
|||
|
Proceeds from train of choice awards |
– |
1,077 |
|||
|
Cost of lease liabilities |
(1,339) |
(3,234) |
|||
|
Internet money utilized in financing actions |
(1,528) |
(2,530) |
|||
|
Internet lower in money and money equivalents |
(21,050) |
(25,625) |
|||
|
Money and money equivalents at the start of the interval |
76,760 |
113,507 |
|||
|
Results of change charge modifications on money and money equivalents |
(25) |
10 |
|||
|
Money and money equivalents at finish of the interval |
55,685 |
87,891 |
|||
View supply model on businesswire.com: https://www.businesswire.com/information/house/20221108005173/en/
Contacts
Investor Relations Contacts
Mytheresa.com GmbH
Stefanie Muenz
telephone: +49 89 127695-1919
e mail: [email protected]
Solebury Strategic Communications
Deena Friedman / Maria Lycouris
telephone: +1 800 929 7167
e mail: [email protected]
Media Contacts for public relations
Mytheresa.com GmbH
Sandra Romano
cell: +49 152 54725178
telephone: +49 89 127695-236
e mail: [email protected]
Media Contacts for enterprise press
Mytheresa.com GmbH
Alberto Fragoso
cell: +49 152 38297355
telephone: +49 89 127695-1358
e mail: [email protected]
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