Yoox first quarter net revenues up 16%
Leading luxury e-tailer YOOX reports first quarter net revenues at Euro 147.2 million, +16.4% (+13.6% at constant exchange rates) compared with 126.5 million in the first quarter of 2014. EBITDA excluding Incentive plan costs at Euro 9.1 million, +0.9% compared with 9.0 million in the first quarter of 2014.
Yoox’s net income was at Euro 1.2 million, +30.0% compared with 0.9 million in the first quarter of 2014. Net financial position positive at Euro 20.3 million, compared with 31.0 million at 31 December 2014
Key performance indicators:
- 18.8 million average monthly unique visitors, compared with 14.8 million in the first quarter of 2014
- 984 thousand orders, compared with 842 thousand in the first quarter of 2014
- Euro 198 AOV (Average Order Value) compared with Euro 194 in the first quarter of 2014
- 1.3 million active customers, compared with 1.1 million at 31 March 2014
“In the first quarter of 2015, YOOX registered net revenue growth of 16% and an increase in net income of 85%,” commented Federico Marchetti, Founder and CEO of the YOOX Group.
“However, the most important result in this quarter was the agreement for the merger with THE NET-A-PORTER GROUP, which will create the world leader in online luxury fashion. We will all work together with our focus on this goal in the coming months.”