Revolution Beauty losses widen as it plans extensive US expansion

Revolution products

Revolution Beauty reported a loss after tax of £15.2m in the six months ended August 31, 2021, a further drop from the £6m loss posted in the first half of 2020. Adjusted EBITDA rose by 39% to £5.1m year on year.

Group revenue increased by 39% to £78.6m. This increase was attributed to the re-opening of stores, with US store sales rising 102%, followed by revenues from UK stores which increased by 78%. 

 

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