Global Fashion

Global Fashion Group reports adjusted EBITDA of EUR 1m for H1 2026 and the first profitable first half in the current corporate structure, supported by cost cuts, improved per-unit economics and a larger marketplace share. Normalized free cash flow improved on an LTM basis to -EUR 19m, while NMV and revenue were down on a currency-adjusted basis (NMV -1.7%, revenue -3.5%). Management refined the outlook: NMV is expected to be -4% to 0% in 2026, and adjusted EBITDA is forecast at EUR 18–25m; the stock reacted with a price increase. » More on de.investing.com

Global Fashion Group recorded adjusted EBITDA of €9.3 million for the fiscal year, up from -€17.6 million in the prior year; in the fourth quarter adjusted EBITDA was €16.2 million (margin 7.6%). The company still posted a net loss of €60.3 million, which analysts expect to shrink to around €33 million in 2026; a first net profit is not expected before 2029 at the earliest. Normalized free cash flow improved to -€31.6 million, cash and cash equivalents amounted to €176.5 million, and NMV reached €1.04 billion. For 2026 the company targets adjusted EBITDA of €15–25 million and plans a share buyback program of up to €3 million, while management measures focus on efficiency and market concentration to secure profitability. » More on deraktionaer.de

Global Fashion Group reports for Q3 2025 a first positive adjusted EBITDA margin of 0.6% on a 12‑month basis with NMV of €239m (currency‑adjusted -0.4%). Gross margin improved to 46.1% and marketplace share rose to 39%, while active customers fell 2.3% to 7.4m. The adjusted EBITDA deficit year‑to‑date decreased to €7m; the company targets almost break‑even for the year (around €1m) and narrows its NMV guidance to -2% to +2% (€1.01–1.06bn). GFG emphasizes a focus on operational efficiency, AI and expanding the marketplace business, but sees regional challenges, particularly in Southeast Asia. » More on de.investing.com