Business
2023 Half-Year Results Announcement
2023 Half-Year Results Announcement.
About this update from Moonpig Group Plc
[{"type":"text","content":"\n \n \n \n \n \n \n \n \n \n \n 7 December 2022\n \n \n \n \n \n \n \n \n \n MOONPIG GROUP PLC\n \n \n \n \n HALF YEAR RESULTS FOR THE SIX MONTHS ENDED 31 OCTOBER 2022\n \n \n \n \n \n \n \n \n \n Resilient business model with high profitability and robust cash generation\n \n \n \n \n \n \n \n Summary H1 FY23 financial results\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Six months ended 31 October 2022\n \n \n \n \n \n Six months ended 31 October 2021\n \n \n \n \n Six months ended 31 October 20193\n \n \n \n \n H1 FY23\nYear-on-year growth %\n \n \n \n \n H1 FY23\nThree year growth %3\n \n \n \n \n \n \n Group revenue (£m)\n \n \n \n \n \n 142.8\n \n \n \n \n \n 142.6\n \n \n \n \n 66.3\n \n \n \n \n 0.1%\n \n \n \n \n 115.4%\n \n \n \n \n \n \n Gross profit (£m)\n \n \n \n \n \n 77.2\n \n \n \n \n \n 69.9\n \n \n \n \n 35.2\n \n \n \n \n 10.5%\n \n \n \n \n 119.3%\n \n \n \n \n \n \n Gross margin (%)\n \n \n \n \n \n 54.1%\n \n \n \n \n \n 49.0%\n \n \n \n \n 53.1%\n \n \n \n \n 5.1%pts\n \n \n \n \n 1.0%pts\n \n \n \n \n \n \n Adjusted EBITDA (£m)\n \n 1\n \n \n \n \n \n \n 34.6\n \n \n \n \n \n 35.0\n \n \n \n \n 15.0\n \n \n \n \n (1.2%)\n \n \n \n \n 129.6%\n \n \n \n \n \n \n Adjusted EBITDA margin (%)\n \n 1\n \n \n \n \n \n \n 24.2%\n \n \n \n \n \n 24.5%\n \n \n \n \n 22.7%\n \n \n \n \n (0.3%pts)\n \n \n \n \n 1.5%pts\n \n \n \n \n \n \n Reported profit before taxation (£m)\n \n \n \n \n \n 9.1\n \n \n \n \n \n 18.7\n \n \n \n \n 9.4\n \n \n \n \n (51.3%)\n \n \n \n \n (3.2%)\n \n \n \n \n \n \n Adjusted profit before taxation (£m)1\n \n \n \n \n \n 18.9\n \n \n \n \n \n 24.1\n \n \n \n \n 9.8\n \n \n \n \n (21.6%)\n \n \n \n \n 92.9%\n \n \n \n \n \n \n Basic earnings per share (pence)2\n \n \n \n \n \n 1.7\n \n \n \n \n \n 4.5\n \n \n \n \n n/a\n \n \n \n \n (62.2%)\n \n \n \n \n n/a\n \n \n \n \n \n \n 1\n \n Before adjusting items of £9.8m in H1 FY23 and £5.4m in H1 FY22. See Adjusting Items at Note 3 and definition of Alternative Performance Measures at Note 20.\n \n \n 2\n \n Earnings per share not disclosed for periods arising prior to the Group\n '\n s formation because of the pre-IPO reorganisation in February 2021.\n \n \n 3 Three-year growth included to contextualise the impact of Covid-19 in H1 FY22.\n \n \n \n \n \n \n Results summary\n \...