Revolution Beauty Group (REVB)

Sector:

Personal Goods

Index:

FTSE AIM 100

26.65p
   
  • Change Today:
      0.20p
  • 52 Week High: 37.00
  • 52 Week Low: 19.00
  • Currency: UK Pounds
  • Shares Issued: 318.26m
  • Volume: 545,379
  • Market Cap: £84.82m

Revolution Beauty swings to first-half profit

By Benjamin Chiou

Date: Tuesday 14 Nov 2023

LONDON (ShareCast) - (Sharecast News) - Cosmetics group Revolution Beauty swung to a profit in the first half after a 20% jump in sales, a strong improvement in margins and cost reductions.
The AIM-listed company recorded a profit before tax of £0.4m for the six months to 31 August, compared with a loss of £13.7m a year earlier. Adjusted EBITDA came in at £6.4m, up from a loss of £7.9bn previously.

Group revenues totalled £90.4m in the period, up from £75.3m previously, driven by growth across all regions and helped by softer comparative the year before.

Meanwhile, gross margins jumped by 8 percentage points, from 41.4% to 49.4%.

"Our strengthened financial performance and the return to positive EBITDA represents a significant milestone in the next phase of this business, while new retail partnerships in the US and strengthened retail partnerships elsewhere around the world are representative of our operational progress," said new chief executive Lauren Brindley, the former Walgreens exec who joined the company in August.

The stock was up 2.7% at 28.4p by 1156 GMT.

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REVB Market Data

Currency UK Pounds
Share Price 26.65p
Change Today 0.20p
% Change 0.76 %
52 Week High 37.00
52 Week Low 19.00
Volume 545,379
Shares Issued 318.26m
Market Cap £84.82m

REVB Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value Not Available
Price Trend
7.39% below the market average7.39% below the market average7.39% below the market average7.39% below the market average7.39% below the market average
38.46% above the sector average38.46% above the sector average38.46% above the sector average38.46% above the sector average38.46% above the sector average
Income Not Available
Growth
22.31% below the market average22.31% below the market average22.31% below the market average22.31% below the market average22.31% below the market average
16.67% below the sector average16.67% below the sector average16.67% below the sector average16.67% below the sector average16.67% below the sector average

REVB Dividends

No dividends found

Trades for 21-Feb-2024

Time Volume / Share Price
16:35 221 @ 26.65p
16:35 212 @ 26.65p
16:35 9 @ 26.65p
16:29 6,800 @ 26.50p
16:29 3,200 @ 26.50p

REVB Key Personnel

CEO Lauren Brindley
CFO Neil James Catto

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