FY25 Appendix 4E Full Year Financial Report
Stock | Lovisa Holdings Ltd (LOV.ASX) |
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Release Time | 27 Aug 2025, 8:28 a.m. |
Price Sensitive | Yes |
Lovisa Holdings Ltd reports FY25 results
- Revenue up 14.2% to $798.1m
- EBIT up 8.2% to $138.7m
- NPAT up 4.8% to $86.3m
- Store network grew to 1,031 stores globally
Lovisa Holdings Limited has reported a strong financial performance for the year ended 29 June 2025. Revenue for the year was $798.1 million, up 14.2% on the prior year, driven by growth in the store network and a 1.7% increase in comparable store sales. Gross profit increased 15.7% to $654.7 million, with gross margin improving to 82.0% from 81.0% in the prior year. Earnings before interest and tax (EBIT) increased 8.2% to $138.7 million, while net profit after tax (NPAT) grew 4.8% to $86.3 million. The company continued to expand its global store network, with a net increase of 131 stores during the year, bringing the total to 1,031 stores across over 50 markets. This included the opening of the company's first store in Zambia. The growth in the store network, combined with ongoing investment in support teams, logistics, and technology, resulted in higher costs of doing business, which were partially offset by a reduction in CEO long-term incentive expense. Depreciation expense and net finance costs also increased during the year.
The company has not provided any specific financial guidance for the upcoming period.