EXAMPLE PAGE - REPORT - BOOZT - Flipbook - Sida 22
Boozt.com
Net revenue
Adjusted EBIT and EBIT
Net revenue increased 8.2% to SEK 1,116.1 million
(1,031.8) in the quarter. The net revenue growth was
positively impacted by currency effects from the
strengthening of DKK, NOK and EUR compared to SEK
during the third quarter last year.
Adjusted EBIT decreased to SEK 23.5 million (25.6) in
the quarter, while the adjusted EBIT margin decreased
to 2.1% (2.5).
The number of active customers increased 6.0%
compared to last year. Positively affecting net revenue
growth was the strong performance in Kids, Beauty
and Home. The return rate was on level with last year
supported by the continued growth of the adjacent
categories and continued improvements to our Fair Use
initiative.
Average order value increased 8.1% to a historic high
of SEK 872 (807). The continued execution of the
Nordic Department Store strategy resulted in a further
diversification of sales benefiting the number of items
per basket and a structurally lower return rate driven
largely by continued efforts with the Fair Use initiative.
The average order value was positively impacted by
currency effects compared to last year.
True frequency developed positively to 7.0 (6.9) with
cohorts displaying encouraging behaviour and similar
buying patterns as our historic cohorts. Customer
satisfaction remained at a high level as shown by our
Trustpilot score of 4.5 (4.5) and our Net Promoter Score
of 76 (78).
For the first nine months net revenue increased 9.0% to
SEK 3,531.7 million (3,240.2).
The adjustment in the quarter amounted to SEK -8.5
million (14.5) and consisted fully of share-based
payments.
The decrease in adjusted EBIT is mainly related to a
lower product margin as a consequence of the high promotional activity currently characterising the market.
SEK million
Boozt.com
Net revenue
EBIT
EBIT margin (%)
Adjusted EBIT*
Adjusted EBIT margi
Site visits (000)*
No. of orders (000)*
Conversion rate (%)*
True frequency*
Average order value
The cost base developed positively during the quarter
supported by a cost saving initiative that was executed
at the end of June 2022 to ensure that our organisation
and cost base reflects the current environment and
growth opportunities.
For the first nine months, adjusted EBIT amounted to
SEK 102.4 million (163.8) with an adjusted EBIT
margin of 2.9% (5.1).
EBIT increased to SEK 32.0 million (11.1) for the quarter
and was positively impacted by the negative adjustment
of share based payments due to the development of the
share price and a probability assessment of reaching
the pre-defined targets in the long-term incentives
programmes.
Year-to-date EBIT amounted to SEK 85.2 million
(123.4).
Active customers (00
No. of orders per act
Rounding differences m
*The figure is an Altern
SEK million
Boozt.com - Net rev
Nordics
Rest of Europe
Total Net revenue