FARFETCH Announces First Quarter 2022 Results

 

  • Q1 2022 Gross Merchandise Value (“GMV”) and Digital Platform GMV increase 1.7% and 2.5% year-over-year, respectively, to $930.8 million and $809.5 million, respectively
  •  Q1 2022 Revenue increases 6.1% year-over-year to $514.8 million
  • Q1 2022 Gross Profit Margin of 44.8% and Digital Platform Order Contribution Margin of 32.7%
  • Q1 2022 Profit after Tax of $728.8 million (includes non-cash benefit arising from impact of lower share price on items held at fair value and measurements)
  • Q1 2022 Adjusted EBITDA of $(35.8) million

 

Download the Press Release here.