Temple & Webster Reported Solid Results And Massive Growth In Active Customers During FY2020

Temple & Webster (ASX:TPW) has reported a 74% growth in its FY2020 revenue of A$176.3 million for the period ended 30 June 2020.

  • EBITDA which was A$1.5 million in FY2019 increased to A$8.5 million.
  • NPAT for the period was A$13.9 million.
  • Active customers grew 77% to ~480k.
  • Trade and Commercial division improved by 68% YoY.
  • As of 27 August 2020, the company had A$81 million cash and has zero debt.

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