March 1, 2019 3 minutes

Farfetch (NYSE: FTCH) 4Q18 Results: Strong Finish to 2018, Beating Consensus Estimates

Primary Analyst: Coresight Research

Company Earnings Update

Executive Summary

Farfetch’s 4Q18 revenues grew 54.6% to $195.5 million; GMV rose 50.1%, or $155.8 million to $466.5 million.
Active customers rose 44.6% and the number of orders increased 57.8% as average transaction value declined 4.9% or $33.10 to $637.30.
Outlook for 2019 includes 40% YoY growth in GMV and full year adjusted EBITDA margin of (18%) – (19%).

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