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Sosandar reports full year revenue growth of 35 percent

3 monthes ago   |   By Fashion United

Image: Sosandar, Facebook
For the year ended March 31, 2021, Sosandar Plc reported revenue growth of 35 percent to 12.2 million pounds.
The company said in a release that gross margin was stable at 48 percent compared to 48.5 percent in FY2020, despite the effective use of promotional activity during lockdown periods.
The company managed to narrow EBITDA loss to 2.92 million pounds compared to 7.66 million pounds in the previous year.
Commenting on the annual performance, Ali Hall and Julie Lavington, the company's co-CEOs said: “We have continued to expand and further diversify our...
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