Business
Adore Beauty outperforms after just months on ASX – Sydney Morning Herald
The pure e-commerce retailer has been a major beneficiary of more people shopping online during the pandemic.
Various costs associated with the retailers IPO, along with share-based payments to staff members, hurt the companys bottom line, with Adores statutory EBITDA falling to a $760,000 loss.
The retailer is also closing in on a million active customers, reporting 777,000 at the half, up 82 per cent.
We have been thrilled to welcome many new customers to our platform over the last six months and are pleased to continue to be the online beauty shopping destination for our loyal customers, chief executive…
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