Investors

Bringing together key financial information, operational highlights and strategic updates.

Our year in numbers so far

HY26 performance

£1,170.1m

Gross Merchandise Value (GMV)

(HY25: £1,277.4m)

£1,113.5m

Adjusted revenue

(HY25: £1,291.6m)

48.5%

Adjusted gross margin

(HY25: 45.2%)

£64.0m

Adjusted EBITDA

(HY25: £42.5m)

£(92.6)m

Free cash flow

(HY25: £(84.1)m)

£(294.9)m

Net debt (excluding leases)

(HY25: £(275.8)m)

Bringing the most relevant fashion product via an inspirational shopping experience with a sustainable and efficient operating model.