Mytheresa, the German e-commerce firm, witnessed its third quarter net sales rise by 47.5 per cent year-on year to post €164.8 million.
Notably, the accelerated growth is evidenced by the two-year growth rate of 66 per cent versus the two-year growth rate of 60 per cent in Q2, FY21.
The third quarter that ended 31 March 2021 saw a stable gross margin of 43.9 per cent.
Reportedly, the adjusted EBITDA during the quarter was €11.1 million, compared to €3.1 million in the third quarter of FY20.
The adjusted operating income was €9.1 million during the third quarter while the same was €1.2 million in the same period last year.
The adjusted net income was €4.5 million in Q3.
As far as net sales for nine months ended 31 March 2021 are concerned, the increase was 36.2 per cent to clock €449.7 million.
The adjusted EBITDA for the nine months was €43.7 million, compared to €20.3 million a year before.
The adjusted operating income was €37.6 million, while the same was €14.6 million in the same period last year.
The adjusted net income was €24.5 million, while it was €9.9 million during the same period previous year.
Founded in 2006, Mytheresa’s selection consists of high-end apparels, shoes, bags and accessories from luxury designer brands such as Bottega Veneta, Burberry, Fendi, Gucci and Moncler, amongst others.
