RE: 160p25 Feb 2022 10:50
In Debenhams' most recent financial year to 31 August 2020, its online business generated unaudited online net revenues of approximately £400 million, via the following operating models:
? Marketplace: Approximately 25% of the online revenue (primarily fashion and homewares)
? Beauty: Approximately 20% of the online revenue via a traditional wholesale model
? Own brand fashion: Approximately 25% of the online revenue (key brands include Maine, Mantaray, Principles and Faith)
? Wholesale inventory: Approximately 30% of the online revenue (bought from third-party brands, including fashion, sport and homeware), which will not continue to operate under the Group's ownership
The Transaction is not expected to contribute to the Group's revenues over the remaining five weeks of the current financial year (FY 2021), and is expected to incur modest start-up losses. The Group will provide a further update at its Full Year results in early May 2021.
Other Financial Information
In its most recent financial year to 31 August 2020, Debenhams generated unaudited Gross Transaction Value of £1.524 billion and unaudited EBITDA of £12.7 million. These figures include all revenues and associated costs for store-based and international operations.
If Boo get this right it could be HUGE. As SCB said 600p 2024 XMAS!