Operating performance showed a marked improvement. Adjusted EBITDA reached 2.3 million euros, up more than 25%, representing a margin of 1.9% of adjusted revenue. Meanwhile, operating income (EBIT) neared break-even at -0.1% of revenue, reflecting a 50% year-on-year improvement. Spartoo reported an annual net loss of 1.5 million euros, compared to -2.3 million euros a year earlier.

The group also highlighted its ability to generate cash in a sluggish environment. Free cash flow turned positive at 1 million euros.

Online inventory levels fell by 9.5% in volume compared to December 31, 2024, while net debt was reduced by 1.2 million euros to reach 4.3 million euros at the end of 2025.

Finally, the development of the B2B segment is proving to be a significant growth driver. This business line grew by 19% over the fiscal year, bolstered by the acquisition of 46 new clients.