DGAP-HV: Global Fashion Group S A : Bekanntmachung der Einberufung zur Hauptversammlung am 26 05 2021 in ir global-fashion-group com/agm mit dem Ziel der europaweiten Verbreitung gemäß §121 AktG boersennews.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from boersennews.de Daily Mail and Mail on Sunday newspapers.
investors@global-fashion-group.com
IMPORTANT NOTICE
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The proceeds from this financing will be invested in technology to accelerate its marketplace and platform services, expansion into different categories,
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- Marketplace NMV grew by 89% yoy, achieving 32% participation (Q4/19: 22%)
- Gross Margin 44.0% (Q4/19: 40.4%)
- Pro-forma
3 cash balance at 31 December of €372m, an increase of €91m in the quarter, bolstered by the €120m share placing in November
- Continued strong Active Customer growth, up 24.6%, with NMV per Active Customer up 0.9% to €120.3
FY 2020 Highlights (growth rates at constant currency)
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- First Adj. EBITDA positive year with €16.4m, and a margin of 1.2%
Christoph Barchewitz and Patrick Schmidt, Co-CEOs of GFG, said: FY 2020 was GFG s first profitable year, on an Adj. EBITDA basis. This milestone and our continued like-for-like NMV growth is a testament to our leading position as the only online fashion and lifestyle-focused platform operating at scale in our markets, where we have continued to act as brands partner of choice. Performance this quarter was driven by a record increase in Active Customers, as ecommerce adoption continues to accele