Adore Beauty Group Posts Higher EBITDA, Revenue in Fiscal H1

MT Newswires Live
01-29

Adore Beauty Group (ASX:ABY) reported earnings before interest, taxes, depreciation, and amortization (EBITDA) of AU$4.6 million, up 94% on the previous corresponding period's AU$2.4 million, according to a Wednesday filing with the Australian bourse.

Revenue rose 2.3% to AU$103 million from last year's AU$100.7 million, the filing said.

The company's cash balance stood at AU$11.7 million as of Dec. 31, 2024, compared with AU$32.3 million last year.

The company reaffirmed its EBITDA margin guidance of 4% to 5% for fiscal 2025, per the filing.

Shares rose past 2% in midday trade Wednesday.

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