(AOF) – In 2023, Spartoo will post a turnover of 142.9 million euros, down 4.1% year-on-year. The specialist in the sale of online fashion items underlines that its adjusted Ebitda has become positive again in 2023 at 1.9 million euros, or 1.3% of turnover. The consolidated net loss amounts to 1.9 million euros compared to 4.6 million euros in 2022. The commercial margin stands at 59.1 million euros in 2023, or 41.4% of the turnover. business, compared to 42% in 2022. At the end of December 2023, its cash flow amounted to 14.3 million euros compared to 9.4 million euros a year earlier.
Furthermore, turnover linked to brands acquired by the group is up 21% compared to 2022, driven both by the organic development of wholesale customers and the acceleration of their digitalization.
“In a particularly difficult market context, particularly for e-commerce players and more generally for the clothing and distribution sector, subject to the impact of the sharp drop in purchasing power, The results we publish demonstrate the resilience of our balanced model in terms of offer, geographic reach and distribution network” declares Spartoo CEO Boris Saragaglia.
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