Temple & Webster’s (ASX:TPW) revenue up 50%
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E-commerce Homewares retailer Temple and Webster (ASX:TPW) reported first-half revenue of $74.1 million, a 50 per cent increase on the year earlier period.
Earnings (EBITDA) increased to $2.3 million from $1.0 million a year ago.
Cash flow positive half, with ending cash of $15.7m and no debt • Active customers up 45% year on year
The company says that the second half of the year has started well, with year-on-year revenue growth of more than 50 per cent to the end of January.
Shares in Temple and Webster (ASX:TPW) are trading 15.2 per cent higher at $3.26.
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Source: Finance News Network
