Due to Vinted UAB submitting a public takeover bid for all the shares in
Key figures (m EUR) | Q1.21 | Q1.22 | Q2.21 | Q2.22 | ||
Net sales | 7.31 | 6.33 | 6.19 | 5.34 | ||
Revenue | 2.24 | 1.72 | 1.84 | 1.40 | ||
Commission rate | 30.6 | 27.1 | 29.7 | 26.2 | ||
Marketing spendings | 0.50 | 1.24 | 0.45 | 0.83 | ||
Personell expenses (excl. ESOPs) | 0.82 | 1.01 | 0.83 | 1.03 | ||
Net cash (debt) | 1.45 | 14.78 | 1.74 | 12.62 | ||
No. of newly listed items (k) | 101.6 | 119.2 | 117.6 | 107.8 | ||
No. of orders (k) | 26.6 | 21.5 | 22.4 | 17.4 | ||
Average net shopping basket (€) | 275 | 294 | 277 | 307 | ||
No. of active buyers (k) | 15.8 | 13.7 | 13.6 | 11.9 | ||
No. of active sellers (k) | 7.9 | 6.3 | 6.7 | 5.7 |
- Preliminary Net sales (GMV) in Q2 2022 amounted to € 5.3m. The 14% decrease vs. Q2 2021 is primarily driven by a challenging market environment, whilst the 16% decrease vs. Q1 2022 follows the typical seasonal trend.
- The number of orders was 22% below Q2 2021. This was partly compensated by an 11% increase in the average net shopping basket which amounted to € 307 in Q2 2022. Due to an increasing share of products sold by commercial customers, the commission rate of 26.2% was 3.5 percentage points lower than in Q2 2021.
- In order to drive long term growth, marketing spending and personnel expenses were 84% and 24% above the level in Q2 2021 respectively. Compared to the preceding Q1 2022 marketing spending were reduced by 33% and personnel expenses flat (+2%).
- On the inbound side,
Rebelle recorded an inflow of 108 thousand products onto its marketplace. This corresponds to a reduction of 8% vs. Q2 2021. - Driven by the challenging macroeconomic environment in Rebelle’s core German market, the number of active buyers (at least one order) / sellers (at least one listed product) was 13% / 14% lower than during Q1 2022.
- Net cash (debt) as of end of
June 2022 was mEUR 12.6 .
All figures are preliminary and have not been reviewed by Rebelle’s auditor. Rebelle’s Q2 report for 2022 will be published on
For further information, please contact:
Telephone: +46 76 190 90 51
jonas.rodny@pauesaberg.se
About
The company’s shares (ticker BELLE) are traded on Nasdaq First North Growth Market Stockholm.
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