FARFETCH Announces Third Quarter 2021 Results

• Digital Platform Gross Merchandise Value (“GMV”) two-year growth accelerates to 97% in Q3 2021; Generates $828 million Digital Platform GMV, up 23% year-over-year
• Group GMV exceeds $1 billion, up 28% year-over-year and more than double compared to Q3 2019
• Q3 2021 Revenue increases 33% year-over-year to $583 million
• Q3 2021 Gross Profit Margin of 43%; Digital Platform Order Contribution Margin of 27%
• Q3 2021 Profit After Tax of $769 million includes $901 million non-cash benefit arising from impact of lower share price on items held at fair value and remeasurements
• Q3 2021 Adjusted EBITDA improves to $5 million from $(10) million in Q3 2020

Download the Press Release here.