SIGNA Sports United N.V. (SSU) Reports Q1 Net Loss of EUR 0.8M

Go back to SIGNA Sports United N.V. (SSU) Reports Q1 Net Loss of EUR 0.8M

SIGNA Sports United Reports Q1 FY22 Results

March 2, 2022 7:00 AM EST

Net revenue growth despite supply constraints; Q1 FY22 net revenue of 213 million, growth of 11% over FY21 and 60% compared to FY20

Began trading on the New York Stock Exchange on December 15, 2021 and closed the acquisitions of WiggleCRC and Tennis Express in December 2021 Active customers exceeded 7.4 million, pro forma for newly closed acquisitions, representing an increase of 76% YoY Net revenue grew 11% YoY to 213 million in Q1 FY22 and 17% for LTM FY22 to 892 million, despite supply constraints in full-bike category Excluding full-bike sales, net... More