Farfetch Limited (FTCH) Tops Q4 EPS by 17c
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Farfetch Announces Fourth Quarter and Full Year 2019 Results
February 27, 2020 4:07 PM EST2019 Gross Merchandise Value Exceeds $2 billion, up 52% Year-on-Year 2019 Revenue Exceeds $1 billion, up 69% Year-on-Year Q4 2019 Digital Platform GMV Grows 36% Year-over-Year (37% on Constant Currency Basis) $102 million Brand Platform GMV in Q4 2019 Driven by Strong Demand Across New Guards Portfolio Sequential Improvements in Gross Profit Margin and Digital Platform Order Contribution Margin in Q4 2019 Generated Positive Cash Flow in Q4 2019 to End Year with $322 million Cash and Cash Equivalents; Augmented by $250 million Convertible Senior Notes Issuance in February 2020
LONDON--(BUSINESS WIRE)-- Farfetch Limited (NYSE:... More
