Key highlights:
● Record Gross Sales of $152.6 million, up 20.4% on pcp
● Active Customers up 18.4% on pcp to 963,882 as at 31 December 2021; 1 million Active
Customer milestone surpassed in February 2022
● In-stock range up 267% on pcp to $15.9 million in gross sales
● Revenue of $32.9 million, up 55.1% on pcp
● Gross Profit of $22.7 million, up 19.9% on pcp
● BAU EBITDA loss of $2.9 million (H1 FY21: $1.0 million loss)
● Strong cash balance as at 31 December 2021 of $40.2 million
Outlook:
● MyDeal is targeting $500m Gross Sales and positive EBITDA by FY25
● Strong start to H2 FY22 with Gross Sales for the first 8 weeks up 38.2%
● FY22 Gross Sales guidance of $270 million
MYDEAL CONTINUES TO DELIVER RECORD REVENUE GROWTH FOR THIRD CONSECUTIVE HALF
Mydeal (ASX MYD), H1 FY 22 results presentation (28/Feb/22). (Page 2/30)
Mydeal (ASX MYD), H1 FY 22 results presentation (28/Feb/22). (Page 3/30)
Mydeal (ASX MYD), H1 FY 22 results presentation (28/Feb/22). (Page 15/30)
Mydeal (ASX MYD), H1 FY 22 results presentation (28/Feb/22).
