For its third quarter ended March 31, 2025, adjusted EBITDA at Mytheresa rose 5.5% to €9.3m (£7.8m) yr on yr, whereas web gross sales elevated 3.8% to €242.5m (£204.1m). Gross revenue additionally rose 7.2% to €108.5 (£91.3m).
Nonetheless, working loss widened to €5.4m (£4.54m) in contrast with an working lack of €2.1m (£1.76m) in the identical interval final yr.
Because of the uncertainties on tariffs, Mytheresa now expects GMV and web gross sales progress to be on the decrease finish of its given steering of seven% to 13% for the complete fiscal yr to June 30 2025. It confirmed its steering for adjusted EBITDA margin to be within the vary of three% and 5%. Its adjusted EBITDA margin within the third quarter was 4%.
Common order worth elevated by 8.8% to €753 (£633) within the third quarter, whereas GMV progress for prime prospects elevated by 17.9% yr on yr.
Michael Kliger, CEO of LuxExperience, stated: “The outcomes of the third quarter exhibit as soon as once more the power of the Mytheresa enterprise mannequin. Stable GMV progress, larger prime buyer spend, continued product margin enlargement and powerful profitability present the well being and resilience of the Mytheresa enterprise regardless of macro headwinds.
“The sturdy outcomes of the Mytheresa enterprise mannequin underline the improbable prospects for the lately acquired Yoox Internet-A-Porter enterprise. We proceed to exhibit our capability to execute nicely and obtain sturdy outcomes beneath macro uncertainties the place different gamers fail. Mixed we’ll create the chief in world digital, multi-brand luxurious with sturdy profitability and progress. Our medium-term ambition is to succeed in round €4bn (£3.36bn) in web gross sales per yr and seven% to 9% in adjusted EBITDA margin.”
The acquisition of Yoox Internet-A-Porter within the fourth quarter of FY25 is predicted so as to add one other €300m (£252m) to €350m (£294m) web gross sales and an adjusted EBITDA lack of €20m (£16m) to €30m (£25m) to the Mytheresa standalone enterprise for this monetary yr.
Mytheresa’s acquisition of YNAP – which incorporates Internet-A-Porter, Mr Porter, Yoox and The Outnet – was accomplished in April. Shortly after in Might, the group was renamed LuxExperience.
Final week it outlined the reshaping of its management group throughout three key roles: together with Simon Tweed’s promotion to chief business officer; Dominik Lass as chief progress and website administration officer and chief shopping for officer Tiffany Hsu, who added group vogue ventures officer of LuxExperience to her remit.
The group additionally named new CEOs for Internet-A-Porter, Mr Porter and Yoox final month.
