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Vinted quadruples profit in 2024 as revenue climbs to €813.4 million

Vinted quadruples profit in 2024 as revenue climbs to €813.4 million

Fashion Network30-04-2025
The Lithuanian leader in second-hand sales announced it generated €813.4 million in revenue in 2024. This 36% increase is especially notable for the 330% surge in net profit, which reached €76.7 million for the fiscal year, just one year after the company first became profitable .
Vinted CEO Thomas Plantenga - Viinted
In 2023, the company had posted €17.8 million in net profit. Since then, its adjusted EBITDA has grown from €76.6 million to €158.9 million. The group attributes this growth partly to the rollout of new product categories, including luxury goods and high-tech offerings.
Meanwhile, Vinted Go continued to grow its low-cost logistics service, supporting both its own sales volume and that of third-party brands. Currently available in France and the Benelux region, the service is scheduled to expand into Spain and Portugal in 2025.
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