Temple & Webster (ASX:TPW) Earnings Swell Up, Share Price On Watch

Temple & Webster Group Ltd (ASX:TPW) unveiled its half-yearly results for the period ended 31 December 2020 on 2 February 2021. 

Following are the key takeaways of the announcement:

  • H1 revenue of $161.6 million, up 118% year-on-year.
  • EBIDTA of $14.8 million, versus $2.3 million in pcp (up 556%).
  • Cash flow positive half with ending cash balance of $85.7 million, including proceeds of a $40 million placement.
  • Active customers up 102% to 687,000.
  • Trade and Commercial division grew 89% year on year.

FOR DETAILED DISCUSSION, VISIT: Temple & Webster (ASX:TPW) declares impressive H1 FY21 results amid COVID-19 challenges

Meanwhile, the stock was spotted trading at $10.630 per share with market capitalisation at $1.32 billion at 2:27 PM AEDT.

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