ZALANDO SE Zalando group financials as of Q2/22
1_Key figures
2_Customer KPI development
3_Income statement
4_Segment performance
5_Balance sheet
6_Cash flow statement
For information purpose only. Please be aware that the decisive figures are reflected respective in the financial reports. Definitions are available in the financial reports.
The financial reports are available on: https://corporate.zalando.com/en/investor-relations/publications
Zalando group key figures as of Q2/22
Year | Year | Year | Year | Year | Year | Year | Year | Quarter | Quarter | Half-Year | |
FY/14 | FY/15 | FY/16 | FY/17 | FY/18 | FY/19 | FY/20 | FY/21 | Q1/22 | Q2/22 | H1/22 | |
Results of operations | |||||||||||
Group key performance indicators | |||||||||||
Active customers (m) | 14.7 | 17.9 | 19.9 | 23.1 | 26.4 | 31.0 | 38.7 | 48.5 | 48.8 | 49.3 | 49.3 |
Number of orders (m) | 41.4 | 55.3 | 69.2 | 90.5 | 116.2 | 144.9 | 185.5 | 252.2 | 58.0 | 67.8 | 125.8 |
Average order per active customer (LTM) | 2.82x | 3.08x | 3.48x | 3.92x | 4.40x | 4.68x | 4.79x | 5.2x | 5.2x | 5.2x | 5.2x |
Average basket size (in EUR) (LTM) | - | - | - | 60.6 | 57.2 | 56.6 | 57.7 | 56.9 | 56.5 | 55.9 | 55.9 |
Results of operations | |||||||||||
Gross merchandise volume (GMV) (in EUR bn) | - | - | - | 5.48 | 6.64 | 8.20 | 10.70 | 14.34 | 3.20 | 3.78 | 6.94 |
Revenue (in EUR m) | 2,214.0 | 2,958.2 | 3,639.0 | 4,489.0 | 5,387.9 | 6,482.5 | 7,982.0 | 10,354.0 | 2,205.0 | 2,623.0 | 4,828.1 |
EBIT (in EUR m) | 62.1 | 89.6 | 207.0 | 187.6 | 119.2 | 165.8 | 367.0 | 424.7 | (68.1) | 61.0 | (7.1) |
EBIT (as % of revenue) | 2.8% | 3.0% | 5.7% | 4.2% | 2.2% | 2.6% | 4.6% | 4.1% | (3.1%) | 2.3% | (0.1%) |
Adjusted EBIT (in EUR m) | 82.0 | 107.5 | 216.3 | 215.1 | 173.4 | 224.9 | 420.8 | 468.4 | (51.8) | 77.4 | 25.6 |
Adjusted EBIT (as % of revenue) | 3.7% | 3.6% | 5.9% | 4.8% | 3.2% | 3.5% | 5.3% | 4.5% | (2.4%) | 3.0% | 0.5% |
EBITDA (in EUR m) | 88.0 | 123.8 | 255.2 | 246.4 | 205.7 | 360.7 | 581.5 | 660.1 | (6.4) | 127.5 | 121.1 |
EBITDA (as % of revenue) | 4.0% | 4.2% | 7.0% | 5.5% | 3.8% | 5.6% | 7.3% | 6.4% | (0.3%) | 4.9% | 2.5% |
Adjusted EBITDA (in EUR m) | 107.8 | 141.7 | 264.5 | 273.8 | 259.9 | 419.7 | 635.3 | 703.8 | 9.9 | 143.9 | 153.8 |
Adjusted EBITDA (as % of revenue) | 4.9% | 4.8% | 7.3% | 6.1% | 4.8% | 6.5% | 8.0% | 6.8% | 0.4% | 5.5% | 3.2% |
Financial position (in EUR m) | |||||||||||
Net working capital | (3.6) | (2.6) | (127.6) | (62.4) | (84.3) | (147.7) | (87.4) | (162.1) | 160.3 | 206.6 | 206.6 |
Cash flow from operating activities | 174.9 | 119.4 | 275.8 | 193.7 | 212.8 | 327.2 | 527.4 | 616.2 | (461.5) | 136.2 | (325.3) |
Cash flow from investing activities | (51.9) | (196.5) | (277.1) | (88.3) | (207.0) | (290.3) | (217.8) | (335.9) | (70.2) | (77.5) | (147.7) |
Free cash flow | 123.8 | 42.6 | 63.7 | (85.0) | (13.8) | 41.6 | 284.5 | 283.2 | (531.7) | 56.2 | (475.5) |
Cash capex | (51.1) | (60.0) | (181.7) | (243.9) | (278.4) | (306.5) | (250.0) | (332.9) | (66.3) | (74.5) | (140.7) |
Cash and cash equivalents | 1,051.0 | 976.2 | 972.6 | 1,065.5 | 995.0 | 976.5 | 2,644.0 | 2,287.9 | 1,594.8 | 1,631.1 | 1,631.1 |
Other | |||||||||||
Employees (as of reporting date) | 7,588 | 9,987 | 11,998 | 15,091 | 15,619 | 13,763 | 14,194 | 17,043 | 17,199 | 17,069 | 17,069 |
Basic earnings per share (in EUR) | 0.2 | 0.5 | 0.5 | 0.4 | 0.2 | 0.4 | 0.9 | 0.9 | (0.2) | 0.1 | (0.2) |
Zalando group customer KPI development as of Q2/22
Year | Year | Year | Year | Year | Year | Year | Year | Quarter | Quarter | Half-Year | ||
FY/14 | FY/15 | FY/16 | FY/17 | FY/18 | FY/19 | FY/20 | FY/21 | Q1/22 | Q2/22 | H1/22 | ||
Results of operations | ||||||||||||
Active customers (m) | 14.7 | 17.9 | 19.9 | 23.1 | 26.4 | 31.0 | 38.7 | 48.5 | 48.8 | 49.3 | 49.3 | |
Number of orders (m) | 41.4 | 55.3 | 69.2 | 90.5 | 116.2 | 144.9 | 185.5 | 252.2 | 58.0 | 67.8 | 125.8 | |
Average order per active customer (LTM) | 2.82x | 3.08x | 3.48x | 3.92x | 4.40x | 4.68x | 4.79x | 5.2x | 5.2x | 5.2x | 5.2x | |
Average basket size (in EUR) (LTM) | - | - | - | 60.6 | 57.2 | 56.6 | 57.7 | 56.9 | 56.5 | 55.9 | 55.9 | |
Average basket size (in EUR) (quarter) | - | - | - | 60.6 | 57.2 | 56.6 | 57.7 | 56.9 | 54.9 | 55.8 | 55.8 |
1) Based on the change in consent management following the privacy requirements, part of the data is estimated on a statistical method
Zalando group income statement (in EUR m) as of
Q2/22
Year | Year | Year | Year | Year | Year | Year | Year | Quarter | Quarter | Half-Year | |
FY/14 | FY/15 | FY/16 | FY/17 | FY/18 | FY/19 | FY/20 | FY/21 | Q1/22 | Q2/22 | H1/22 | |
Revenue | 2,214.0 | 2,958.2 | 3,639.0 | 4,489.0 | 5,387.9 | 6,482.5 | 7,982.0 | 10,354.0 | 2,205.0 | 2,623.0 | 4,828.1 |
% growth | 25.7% | 33.6% | 23.0% | 23.4% | 20.0% | 20.3% | 23.1% | 29.7% | (1.5%) | (4.0%) | (2.9%) |
Cost of sales | (1255.3) | (1624.0) | (2029.6) | (2529.6) | (3107.0) | (3724.3) | (4587.8) | (6027.7) | (1351.9) | (1546.7) | (2898.5) |
Gross profit | 958.7 | 1,334.1 | 1,609.4 | 1,959.4 | 2,280.9 | 2,758.2 | 3,394.2 | 4,326.2 | 853.2 | 1,076.4 | 1,929.6 |
% margin | 43.3% | 45.1% | 44.2% | 43.6% | 42.3% | 42.5% | 42.5% | 41.8% | 38.7% | 41.0% | 40.0% |
Selling and distribution costs | (793.8) | (1,118.9) | (1,223.7) | (1,530.8) | (1,899.2) | (2,295.1) | (2,716.0) | (3,529.6) | (818.9) | (891.9) | (1,710.8) |
Administrative expenses | (109.1) | (129.0) | (191.3) | (242.9) | (268.9) | (298.9) | (319.2) | (393.2) | (107.3) | (126.3) | (233.6) |
Other operating income | 12.2 | 10.2 | 16.7 | 11.8 | 18.7 | 18.2 | 26.7 | 32.8 | 7.4 | 4.4 | 11.8 |
Other operating expenses | (5.8) | (7.0) | (4.1) | (9.9) | (12.3) | (16.6) | (18.7) | (11.5) | (2.5) | (1.5) | (4.0) |
EBIT | 62.1 | 89.6 | 207.0 | 187.6 | 119.2 | 165.8 | 367.0 | 424.7 | (68.1) | 61.0 | (7.1) |
% margin | 2.8% | 3.0% | 5.7% | 4.2% | 2.2% | 2.6% | 4.6% | 4.1% | (3.1%) | 2.3% | (0.1%) |
Net financial result | (4.5) | (3.0) | (14.1) | (12.4) | (13.6) | (20.9) | (48.6) | (70.4) | (21.3) | (2.2) | (23.6) |
EBT | 57.7 | 86.6 | 192.9 | 175.2 | 105.6 | 144.9 | 318.5 | 354.3 | (89.5) | 58.8 | (30.6) |
% margin | 2.6% | 2.9% | 5.3% | 3.9% | 2.0% | 2.2% | 4.0% | 3.4% | (4.1%) | 2.2% | (0.6%) |
Income and other tax | (10.5) | 34.9 | (72.5) | (73.6) | (54.4) | (45.2) | (92.4) | (119.7) | 28.2 | (44.8) | (16.7) |
Net income | 47.2 | 121.5 | 120.5 | 101.6 | 51.2 | 99.7 | 226.1 | 234.5 | (61.3) | 14.0 | (47.3) |
% margin | 2.1% | 4.1% | 3.3% | 2.3% | 0.9% | 1.5% | 2.8% | 2.3% | (2.8%) | 0.5% | (1.0%) |
Depreciation & amortization | 25.8 | 34.2 | 48.2 | 58.7 | 86.5 | 194.8 | 214.5 | 235.4 | 61.7 | 66.5 | 128.2 |
EBITDA | 88.0 | 123.8 | 255.2 | 246.4 | 205.7 | 360.6 | 581.5 | 660.1 | (6.4) | 127.5 | 121.1 |
% margin | 4.0% | 4.2% | 7.0% | 5.5% | 3.8% | 5.6% | 7.3% | 6.4% | (0.3%) | 4.9% | 2.5% |
Share based compensation (SBC) | 19.8 | 17.9 | 19.9 | 27.5 | 43.3 | 46.0 | 53.8 | (57.3) | (16.3) | (16.4) | (32.7) |
Restructuring costs/non-operatingone-time effects | 0.0 | 0.0 | (10.6) | 0.0 | 10.9 | 13.1 | 0 | 0 | |||
Adj. EBIT | 82.0 | 107.5 | 216.3 | 215.1 | 173.4 | 224.9 | 420.8 | 468.4 | (51.8) | 77.4 | 25.6 |
% margin | 3.7% | 3.6% | 5.9% | 4.8% | 3.2% | 3.5% | 5.3% | 4.5% | (2.4%) | 3.0% | 0.5% |
Adj. EBITDA | 107.8 | 141.7 | 264.5 | 273.8 | 259.9 | 419.7 | 635.3 | 703.8 | 9.9 | 143.9 | 153.8 |
% margin | 4.9% | 4.8% | 7.3% | 6.1% | 4.8% | 6.5% | 8.0% | 6.8% | 0.4% | 5.5% | 3.2% |
Segment performance as of Q2/22
Year | Year | Year | Year | Year | Year | Year | Year | Quarter | Quarter | Half-Year | |
FY/14 | FY/15 | FY/16 | FY/17 | FY/18 | FY/19 | FY/20 | FY/21 | Q1/22 | Q2/22 | H1/22 | |
Revenue (in EUR m) | 2,214.0 | 2,958.2 | 3,639.0 | 4,489.0 | 5,387.9 | 6,482.5 | 7,982.0 | 10,354.0 | 2,205.0 | 2,623.0 | 4,828.1 |
Fashion Store | - | - | - | 4,150.5 | 4,967.7 | 5,964.9 | 7,257.7 | 9,342.3 | 1,988.5 | 2,376.7 | 4,365.3 |
thereof DACH | - | 1,580.1 | 1,813.8 | 2,150.0 | 2,483.7 | 2,897.2 | 3,319.0 | 4,220.9 | 883.9 | 1,070.5 | 1,954.4 |
thereof Rest of Europe | - | 1,211.6 | 1,570.2 | 2,000.4 | 2,484.0 | 3,067.7 | 3,938.7 | 5,121.4 | 1,104.7 | 1,306.2 | 2,410.9 |
Offprice | - | - | - | 345.3 | 497.5 | 659.4 | 978.1 | 1,457.5 | 312.6 | 376.2 | 688.8 |
Other | - | 166.5 | 255.1 | 345.3 | 444.8 | 252.3 | 196.0 | 302.8 | 58.9 | 81.9 | 140.8 |
Reconciliation | - | - | - | (352.0) | (522.0) | (394.1) | (449.8) | (748.6) | (155.0) | (211.7) | (366.7) |
Adjusted EBIT (in EUR m) | 82.0 | 107.5 | 216.3 | 215.1 | 173.4 | 224.9 | 420.8 | 468.4 | (51.8) | 77.4 | 25.6 |
Fashion Store | - | 213.7 | 162.0 | 219.9 | 341.7 | 349.5 | (60.2) | 61.0 | 0.8 | ||
thereof DACH | - | 101.9 | 226.3 | 193.5 | 139.9 | 219.5 | 288.4 | 365.7 | 22.2 | 52.4 | 72.3 |
thereof Rest of Europe | - | (3.3) | (3.3) | 20.3 | 22.0 | 0.4 | 53.3 | (16.3) | (82.3) | 8.6 | (71.5) |
Offprice | - | - | - | 27.6 | 35.2 | 27.7 | 88.0 | 104.8 | 6.5 | 9.5 | 15.9 |
Other | - | 8.9 | (6.7) | (26.3) | (24.4) | (23.3) | (9.1) | 9.7 | (0.9) | 7.6 | 6.7 |
Reconciliation | - | - | - | 0.0 | 0.7 | 0.6 | 0.2 | 4.4 | 2.7 | (0.6) | 2.1 |
Adjusted EBIT margin (in %) | 3.7% | 3.6% | 5.9% | 4.8% | 3.2% | 3.5% | 5.3% | 4.5% | (2.4%) | 3.0% | 0.5% |
Fashion Store | - | - | - | 5.2% | 3.3% | 3.7% | 4.7% | 3.7% | (3.0%) | 2.6% | 0.0% |
Fashion Store - DACH | - | 6.4% | 12.5% | 9.0% | 5.6% | 7.6% | 8.7% | 8.7% | 2.5% | 4.9% | 3.7% |
Fashion Store - Rest of Europe | - | (0.3%) | (0.2%) | 1.0% | 0.9% | 0.0% | 1.4% | (0.3%) | (7.5%) | 0.7% | (3.0%) |
Offprice | - | - | - | 8.0% | 7.1% | 4.2% | 9.0% | 7.2% | 2.1% | 2.5% | 2.3% |
Other | - | 5.3% | (7.6%) | (5.5%) | (9.2%) | (4.6%) | 3.2% | (1.5%) | 9.3% | 4.8% | |
Reconciliation | - | - | - | (0.4%) | 3.4% | (0.2%) | (0.1%) | (0.6%) | (1.8%) | 0.3% | (0.6%) |
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Zalando SE published this content on 04 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 August 2022 07:46:04 UTC.
