Financial Performance
2024 Annual Report
View Previous Years-
Post-demerger Revenue
2024: £1.7bn
-2.5%£1.7bn
-
Gross Margin %
2023: 43.6%
-180bps41.8%
-
Post-demerger adjusted EBITDA
2023: 111.3m
-17.2%£92.1m
A summary of our recent financial performance.
The statistics for FY 2024 and FY 2023 reflect the latest published information on a post demerger basis. For financial years prior to 2023, these statistics represent the comparatives from the following years financial statements on a pre-demerger basis, including THG Ingenuity.
| FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | |
|---|---|---|---|---|---|
| Revenue | £1,688.3m | £1,731.2m | £2,239.2m | £2,179.9m | £1,613.6m |
| EBITDA | £92.1m | £111.3m | £64.1m | £161.8m | £150.8m |
| Adj EBITDA % | 5.5% | 6.4% | 2.9% | 7.4% | 9.3% |