Benchmarks

ASOS

Adj EBITDA +64% while revenue fell 15% - margin repair mid-flight

Rank by margin

9 of 12

9 of 12

Rank by size

3 of 12

3 of 12

Revenue

$3,308m

$3,308m

normalised to USD

normalised to USD

Revenue growth

−15%

−15%

Gross margin

47.1% (adj)

47.1% (adj)

Bottom-line margin

-4%

-4%

adj LBT; -11.4% stat

adj LBT; -11.4% stat

Kept per 1.00 of sales

negative

negative

Profit as reported

Loss before tax GBP 281.6m (adj LBT GBP 98.2m)

Loss before tax GBP 281.6m (adj LBT GBP 98.2m)

Margin direction

UP (losses narrowing; GM +370bps)

UP (losses narrowing; GM +370bps)

Latest financial year end

31 Aug 2025

31 Aug 2025

Sources

https://www.asosplc.com/media/ikxfhqeu/asos-fy25-results-rns-final-20251120.pdf

https://www.retailgazette.co.uk/blog/2025/11/asos-financial-results/

Read the full breakdown

Read the full breakdown

Read the full breakdown

Read the full breakdown

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