Farfetch Limited (FTCH) Tops Q1 EPS by 4c, Revenue Misses, Offers Outlook

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Go back to Farfetch Limited (FTCH) Tops Q1 EPS by 4c, Revenue Misses, Offers Outlook

Farfetch Announces First Quarter 2022 Results

May 26, 2022 4:06 PM EDT

Q1 2022 Gross Merchandise Value (GMV) and Digital Platform GMV increase 1.7% and 2.5% year-over-year, respectively, to $930.8 million and $809.5 million, respectively Q1 2022 Revenue increases 6.1% year-over-year to $514.8 million Q1 2022 Gross Profit Margin of 44.8% and Digital Platform Order Contribution Margin of 32.7% Q1 2022 Profit after Tax of $728.8 million (includes non-cash benefit arising from impact of lower share price on items held at fair value and remeasurements) Q1 2022 Adjusted EBITDA of $(35.8) million

LONDON--(BUSINESS WIRE)-- Farfetch Limited (NYSE: FTCH), the leading global platform for the luxury fashion... More