Business
Marley Spoon (ASX:MMM) share price on watch after delivering rapid revenue growth
The Marley Spoon AG (ASX: MMM) share price will be one to watch on Friday.
This follows the release of the subscription-based meal kit provider’s full year results after the market close.
How did Marley Spoon perform in FY 2020?
For the 12 months ended 31 December, Marley Spoon reported a 96% increase in revenue to 254 million euros.
While this was driven by strong revenue growth across all geographies, the star of the show was its US business. It reported a 126% increase in revenue to 127 million euros thanks to growth across all brands.
Positively, despite operational headwinds related to the COVID-19 pandemic, the US business was able to…
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