Key points
- Record FY26 revenue of $207.3M, up 4.3%
- $18.6M contribution from expanding retail network
- Underlying EBITDA of $3.8M, down 39.3%
- FY27 revenue target of at least 10%
- Underlying EBITDA target of $9M-$13M
Full summary
Adore Beauty Group Limited reported a record revenue of $207.3 million for the financial year ending June 30, 2026, up 4.3% from the previous year. The increase was primarily driven by the Group's expanding retail network, which contributed $18.6 million, along with strong performance from owned brands and retail media. Despite the revenue growth, underlying EBITDA declined by 39.3% to $3.8 million due to higher fixed costs and challenging trading conditions. The company also saw improvements in customer acquisition efficiency and a significant expansion of its retail footprint, with 13 new stores opened during the year. Looking ahead, the company targets revenue growth of at least 10% and underlying EBITDA between $9 million and $13 million for FY27, supported by the continued maturation of its retail network and growth in higher-margin revenue streams.
Guidance
FY27 revenue target of at least 10%, underlying EBITDA target of $9M-$13M
Outlook
Adore Beauty Group targets revenue growth of at least 10% and underlying EBITDA of between $9 million and $13 million for FY27, driven by the continued maturation of its retail network and growth in higher-margin revenue streams.