Business
FY25 Trading Update
Revolution Beauty Group PLC's FY25 adjusted EBITDA is now expected to be approximately £4.7 million, revised down from a previous expectation of £6.0 million to £6.5 million. This revision is due to a change in the definition of an adjusting item related to inventory sold or expected to be sold through outlet channels, reducing its value from approximately £10.3 million to £8.5 million. The adjusting item is non-cash and non-recurring. The company's formal sale process is ongoing, with engagement with multiple parties and continued progress on a potential equity raise. Audited FY25 results are expected before the end of August 2025. Disclaimer*
About this update from Revolution Beauty Group Plc
[{"type":"text","content":"\n\nTHIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) 596/2014 AS IT FORMS PART OF UK DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 (\"MAR\"), AND IS DISCLOSED IN ACCORDANCE WITH THE COMPANY'S OBLIGATIONS UNDER ARTICLE 17 OF MAR. \nFOR IMMEDIATE RELEASE\n19 August 2025\nRevolution Beauty Group Plc\n(\"Revolution Beauty\" or the \"Company\")\nFY25 Trading Update\nFY25 adjusted EBITDA\nAs previously announced, the Company expected to report adjusted EBITDA of between £6.0 million and £6.5 million for the financial year ended 28 February 2025 (\"FY25\"). This figure included an adjusting item in relation to stock provision charges for non-strategic stock, with a value of approximately £10.3 million.\nIn the interests of agreeing the sign off of its accounts, the Company, has agreed with its auditors to change the definition of the adjusting item such that it now relates solely to inventory that was sold, or is expected to be sold, through outlet channels. As a result of the change in definition, the value of the adjusting item is now expected to be approximately £8.5 million. Consequently, FY25 adjusted EBITDA is now expected to be approximately £4.7 million.\nThe adjusting item is non-cash and non-recurring in nature, owing to a significant rationalisation of the Company's product portfolio. As part of the audit process, the Company has concluded that the revised definition is preferable, given that it requires less judgement to arrive at the estimated value.\nCompany Update\nAs previously announced, the Formal Sale Process continues to progress with ongoing engagement with a number of parties. The Company also continues to progress and advance its constructive engagement with its stakeholders, including in respect of a potential equity raise. Further announcements will be made as appropriate with audited results for FY25 to be published before the end of August 2025.\nFor further information, please contact:\n\n\n\n\nRevolution Beauty Group Plc\n\n\n \n\n\n \n\n\n\n\nColin Henry (Interim CEO) / Neil Catto (CFO)\n\n\n \n\n\n+44 (0)20 3805 4822 (Via Headland Consultancy)\n\n\n\n\n \n\n\n \n\n\n \n\n\n\n\nPanmure Liberum Limited (Sole Financial Adviser, NOMAD and Joint Broker, Sole Rule 3 Adviser)\n\n\n \n\...