Myt Netherlands Adr ( (LUXE) ) has released its Q4 earnings. Here is a breakdown of the information Myt Netherlands Adr presented to its investors.
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LuxExperience B.V., a leading digital multi-brand luxury group, operates renowned platforms like Mytheresa, NET-A-PORTER, and MR PORTER, offering curated luxury fashion and lifestyle products globally.
LuxExperience has reported robust financial results for the fiscal year 2025, showcasing significant growth in net sales and profitability for its Mytheresa segment. Despite macroeconomic challenges, the company achieved a 12% increase in net sales in Q4 and a 9% increase for the full year, alongside a remarkable 73% growth in adjusted EBITDA.
Key financial highlights include a 13% increase in gross merchandise value (GMV) per customer and a 10% rise in average order value for Mytheresa. The U.S. market saw a notable expansion with a 9.7% increase in net sales, contributing to 20.6% of Mytheresa’s total business. The adjusted EBITDA margin improved to 6.5% in Q4, reflecting enhanced profitability.
LuxExperience’s strategic initiatives include the successful acquisition of YOOX NET-A-PORTER (YNAP) and the launch of exclusive collaborations with luxury brands. The company is undergoing a transformation to streamline operations and enhance customer data analytics, aiming for medium-term growth targets of EUR 4 billion in net sales and an adjusted EBITDA margin of 7% to 9%.
Looking ahead, LuxExperience anticipates continued growth in its Mytheresa segment, while the YNAP and off-price segments undergo restructuring. The company expects GMV to range between EUR 2.5 billion and EUR 2.9 billion in FY26, with profitability levels comparable to FY25, positioning itself for sustained value creation for stakeholders.