The gross value of merchandise (GMV) also grew 3.8 percent to € 261.3 million (~ $ 283.5 million). The average value of the order increased by 8.8 percent to € 753 by a base of the last twelve months (LTM). Mytheresa achieved a gross profit margin of 44.8 percent, an improvement of 140 bases (BPS). The adjusted Ebitda stood at € 9.3 million, with a margin of 3.9 percent, and FYTD 25 adjusted Ebitda margin reached 4.3 percent. The quarter also delivered a positive operating cash flow of 18.7 million euros.
The highlights of key business for the third quarter of fiscal year 2015 include the expansion of the association with another Prada luxury brand to cover the global distribution rights, including the USA. The company organized a successful immersive experience of two-week opening-ski in collaboration with Bemelmans, attracting a significant number of new clients of high value of the network, said Mytheresa in a press release.
The net sales of Mytheresa reached € 242.5 million (~ $ 263.2 million) in the third quarter of fiscal year 2015, an increase of 3.8 percent year -on -year, with GMV reaching € 261.3 million. The company saw strong margins and positive cash flow. He completed the acquisition of Yoox Net-A-Porter in April. Despite uncertainties related to the rate, it maintains profitability orientation and points to 4 billion euros (~ $ 4.34 billion) in net sales for the full fiscal year.
He also launched collections of exclusive capsules and collaborations prior to the launch with luxury brands such as Loewe, Etro, Balenciaga, Manolo Blahnik, Saint Laurent, Bottega Veneta, Valentino Garavani, Toteme and Tod.
On April 23, 2025, Luxexperience completed the acquisition of Youox Net-A-Porter of Richemont, obtaining the total property of Net-A-Porter, MR Porter, Yoox and Outnet, added the launch.
“The results of the third quarter once again demonstrate the strength of the Mytheresa business model. Solid GMV growth, greater expenses of main customers, the continuous expansion of the product margin and strong profitability show the health and resistance of the business despite the winds against the winds against it,” he said Michael Kiger, Executive Director (CEO) of Luxexperience, formerly myt BV parents.
“The strong results of the Mytheresa business model underline the fantastic perspectives for the Yox Net-A-Porter business. Ebitda margin,” Kiger continued.
For the full 2015 fiscal year that ends on June 30, 2025, Mytheresa now anticipates the growth of GMV and net sales at the lower end of its previous forecast range from 7 to 13 percent due to the uncertainties of continuous tariffs and their impact on the feeling of customers. Despite this, the company reaffirmed its Adjusted Ebitda margin guide from 3 to 5 percent, reflecting its continuous approach to profitability.
It is expected that the acquisition of YOOX NET-A-PORTER contribute € 300 350 million in additional net sales and a loss of adjusted Ebitda from 20 to 30 million euros to the results of Mytheresa inherited for the year.
Looking towards the future, the company is still sure of the medium and long term perspective for the combined entity, reiterating its objective of approximately 4 billion euros (~ $ 4.34 billion) in annual net sales and a adjusted Ebitda margin from 7 to 9 percent.
Fiber2Fashion News Desk (SG)
