Latest news with #GMV
Yomiuri Shimbun
4 days ago
- Science
- Yomiuri Shimbun
Spanish Firm Launches Lunar Navigation System
MADRID (Reuters) — Spanish technology company GMV has unveiled a GPS-like navigation system for the moon that aims to make lunar missions as intuitive as a drive across town with apps such as Google Maps or Waze. Called LUPIN, the project is part of a program by the European Space Agency to test new positioning, navigation and timing techniques as interest in lunar surface exploration picks up again, whether for scientific research, potential mining opportunities or even future tourism. 'With this software, we bring Europe closer to establishing a presence of humans on the moon and, potentially, this would be a stepping stone towards Mars exploration or human presence on Mars,' Steven Kay, the project's director, told Reuters. The new technology was put to the test in the otherworldly landscapes of Fuerteventura — one of Spain's Canary Islands — where GMV conducted field trials with the prototype in a part of the Earth that bears some resemblance to the lunar surface. By using signals similar to GPS from moon-orbiting satellites, LUPIN would allow rovers and astronauts to pinpoint their location on the moon in real time. Currently, navigating the Earth's largest natural satellite is difficult, as spacecraft on its surface have to rely on complex calculations and data relayed from Earth — which is neither quick nor precise. 'Communication depends on direct visibility with Earth or the use of relay satellites in lunar orbit, which create communicative shadow zones and latency times that hinder immediate decision-making,' GMV said in a statement. The lack of real-time updates on changes in the moon's terrain caused by recent impacts or lunar dust movements also hinder ground trips on the satellite. The company wants to combine existing lunar cartography with information gleaned from moon-orbiting satellites targeting dark spots, such as the lunar south pole and the 'far side,' the area generally in shadow. 'We want these rovers to map the surface of the moon in a fast and safe way so that astronauts can return in a few years, work there and set up permanent bases,' said GMV's head of strategy, Mariella Graziano.
Economy ME
7 days ago
- Business
- Economy ME
Eid al-Adha 2025 drives 45 percent mobile commerce boom in MENA: Report
Gross merchandise volume (GMV) orders are projected to increase by 15 percent, according to new e-commerce research conducted ahead of Eid al-Adha 2025. The research, in collaboration with marketing platform Admitad, analyzed over 150,000 customer orders during the Eid al-Adha period of 2024–2025, revealing a surge in consumer demand for seasonal gifts and emotionally driven purchasing behaviors. The analytics predict a shift toward higher-value purchases and significant growth in mobile commerce, trends expected to persist into 2025 with a projected 10 percent order growth and mobile sales surpassing 45 percent across the MENA region. Eid al-Adha is among the largest shopping seasons of the year in the MENA region, fueled by traditions of generosity, gifting, and festive preparation. Looking ahead to Eid al-Adha 2025, the report anticipates an increase of 10 percent in e-commerce orders within the region, with GMV expected to grow by 14–15 percent during the holiday, bolstered by rising average household incomes and a growing preference for digital shopping. Mobile commerce has been a key driver of this growth, with 47 percent of online orders in the UAE and over 50 percent in Saudi Arabia made via mobile devices. Across MENA, mobile purchases rose to 41.5 percent, up from 38 percent last year, reflecting the ongoing transition to mobile-first shopping. During the five-day holiday period in 2024, online orders in the MENA region rose by 5 percent compared to non-holiday periods, while GMV increased by 14 percent. The average order value (AOV) rose from $37 to $40, marking an 8 percent increase and indicating a shift toward higher-value purchases. The UAE and Saudi Arabia, along with Kuwait, Qatar, and Jordan, emerged as some of the top-performing markets, with Saudi consumers reporting an AOV of $62 and UAE shoppers closely following at $61. Regional gift preferences Consumer gifting preferences across the MENA region varied, reflecting both cultural nuances and national purchasing habits. In Saudi Arabia, electronics dominated the category chart, comprising 25.2 percent of total orders, followed by home goods at 15.5 percent and fashion at 14.6 percent. Automotive products, including spare parts and motorcycle gear, gained particular popularity in the Kingdom, accounting for 12.2 percent of purchases. In the UAE, home goods took the lead at 23.4 percent, closely followed by electronics at 21.7 percent, accessories such as bags and jewelry at 18.6 percent, and fashion at 17.5 percent. 'During Eid al-Adha, we saw strong consumer interest in electronics, home goods, and fashion across both the UAE and Saudi Arabia, making these key categories for seasonal campaigns. At the same time, gifting segments like accessories, toys, and beauty continue to perform well, reflecting how central the tradition of gift-giving is to the holiday experience,' said Anna Gidirim, CEO of Admitad. Read more | Eid al-Adha 2025: Your ultimate guide to festive fashion, gifts, and smart shopping deals Eid gifting trends One of the main drivers of these on-occasion and non-occasion shopping trends, as well as gifting market growth, is the rise of emotional and social commerce. Emotion plays a significant role in shaping consumer behavior in the MENA region: a Google study indicates that shoppers frequently rely on emotional triggers to make purchase decisions, while another research found that marketing campaigns designed to foster emotional connections can lead to a 70 percent increase in product usage and sales. In response, brands are shifting away from transactional 'buy-now' messaging in favor of emotionally driven campaigns rooted in cultural values and storytelling. During Eid, influencer content and behind-the-scenes narratives on platforms like Instagram, TikTok, and Snapchat enhance the emotional impact of gifting. A TikTok and Ipsos study found that 61 percent of users find TikTok more entertaining during Eid, with many discovering and trying new products through storytelling content. This emotional connection drives a transition from generic presents toward meaningful, experience-based gifts, making social and emotional commerce a crucial driver of visibility and cultural relevance. The growth in online orders, sales GMV, and average order value during Eid al-Adha underscores a digital shift from traditional mall retail to fast, tech-enabled online shopping. In the evolving e-commerce landscape, super apps and marketplaces compete to meet the increasingly sophisticated demands of digital consumers. The region's rich culture of gifting, combined with its multinational population and rising income levels, continues to support the rapid growth of online gifting in the GCC, positioning it as the fastest-growing $1.8 billion market in this space, projected to reach $6.38 billion by 2030.
Entrepreneur
31-05-2025
- Business
- Entrepreneur
Nykaa Reports Strong FY25 Performance with 24% Revenue Growth
In the fourth quarter, Nykaa's gross merchandise value (GMV) reached INR 4,102 crore, marking a 27 per cent year-on-year increase. Revenue from operations for the quarter rose 24 per cent to INR 2,062 crore, while EBITDA grew 43 per cent to INR 133 crore. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Nykaa has reported a sharp jump in profitability and consistent revenue growth for the fourth quarter and full financial year ended March 31, 2025. In a regulatory filing released on Friday, the company said it continued its strong momentum across all business segments, driven by robust demand and operational efficiencies. In the fourth quarter, Nykaa's gross merchandise value (GMV) reached INR 4,102 crore, marking a 27 per cent year-on-year increase. Revenue from operations for the quarter rose 24 per cent to INR 2,062 crore, while EBITDA grew 43 per cent to INR 133 crore. The company also saw an improvement in its EBITDA margin to 6.5 per cent, compared to 5.6 per cent in the same period last year. Profit before tax in Q4 doubled to INR 40 crore, and net profit surged 110 per cent to INR 19 crore. For the full year, Nykaa posted a consolidated GMV of INR 15,604 crore, reflecting 25 per cent growth over FY24. Annual revenue from operations climbed 24 per cent to INR 7,950 crore. EBITDA for the year stood at INR 474 crore, up 37 per cent from the previous year. Margins improved to 6.0 per cent, compared to 5.4 per cent in FY24. The beauty and fashion e-commerce firm also recorded a substantial jump in bottom-line numbers. Profit before tax for the year grew 85 per cent to INR 127 crore, while net profit rose 81 per cent to INR 72 crore. The regulatory filing highlights consistent gains in both topline and profitability metrics, underlining the company's ability to scale while maintaining cost discipline. Gross profit for the year rose 27 per cent year-on-year to INR 3,477 crore. Nykaa's latest results point to the increasing maturity of its business model and its continued focus on strengthening margins while growing market share.
Yahoo
31-05-2025
- Business
- Yahoo
FSN E-Commerce Ventures Ltd (BOM:543384) Q4 2025 Earnings Call Highlights: Strong Growth in ...
GMV (Gross Merchandise Value) Q4: INR 4,102 crores, 27% YoY growth. Net Revenue Q4: INR 2,062 crores, 24% YoY growth. Gross Margin Q4: 44.1%, improved by 51 basis points YoY. EBITDA Q4: INR 133 crores, 6.5% of revenue, 43% YoY growth. PAT (Profit After Tax) Q4: INR 19 crores, 0.9% of net revenue, 10% YoY growth. Full Year GMV: INR 15,604 crores, 25% YoY growth. Full Year Net Revenue: INR 7,950 crores, 24% YoY growth. Full Year Gross Margin: 43.7%, improved by 84 basis points. Full Year EBITDA: INR 474 crores, 6% of net revenue, 37% YoY growth. Full Year PAT: INR 72 crores, 0.9% of net revenue, 81% YoY growth. Beauty GMV Q4: INR 3,058 crores, 31% YoY growth. Beauty Full Year GMV: INR 11,775 crores, 30% YoY growth. Fashion GMV Q4: 18% YoY growth. Fashion Full Year GMV: INR 3,804 crores, 12% YoY growth. Customer Base: 42 million, 28% growth. Store Count: 237 stores, 50 new stores added in FY25. House of Brands GMV: INR 2,100 crores. Superstore GMV: INR 950 crores, 57% YoY growth. Operating Cash Flow: INR 467 crores. Warning! GuruFocus has detected 2 Warning Signs with TIGR. Release Date: May 30, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. FSN E-Commerce Ventures Ltd (BOM:543384) reported a strong 27% year-on-year growth in GMV for Q4 FY25, reaching INR4,102 crores. The company's net revenue grew by 24% year-on-year, amounting to INR2,062 crores for the quarter. Gross margins improved by 51 basis points year-on-year, reaching 44.1% for the quarter. EBITDA increased by 43% year-on-year, resulting in an EBITDA margin of 6.5% for the quarter. The beauty segment showed robust growth, with a 31% increase in GMV for Q4 and a 30% increase for the full year. The fashion segment experienced slower growth compared to beauty, with only an 18% year-on-year increase in GMV for Q4. Despite improvements, the fashion segment's growth was muted at 12% year-on-year for the full year. The company's PAT margin remains low at 0.9% of net revenue for the quarter. There is ongoing competitive pressure in the beauty segment, which could impact margins. The company continues to face challenges in achieving profitability in its eB2B business, requiring further investment. Q: How should one think about steady state margins for the BPC business, and how is the traction for fast delivery services like Nykaa Now? A: Anchit Nayar, Executive Director, explained that the beauty vertical consists of three different businesses with varying margin profiles: beauty multi-brand retail, own brands, and eB2B. Each business is improving its margins, but the mix of these businesses affects the overall margin outlook. Nykaa Now, their rapid delivery service, is live in multiple metros and has shown promising traction, with plans to expand to more cities. Q: What could be the steady state growth for the fashion industry, and are there any changes to the EBITDA breakeven guidance? A: Abhijeet Dabas, Executive Vice President and Business Head - Fashion eCommerce, stated that the fashion industry is still underpenetrated online, and Nykaa is confident in continuing its growth momentum. Structural improvements have been made towards profitability, and more details will be shared during the upcoming Investor Day. Q: Does the fashion business require a stronger offline presence, and are there any new categories being considered? A: Falguni Nayar, Executive Chairman, CEO, and MD, mentioned that while physical retail is important, e-commerce remains crucial due to the diverse market and brand reach in India. Nykaa is investing in physical retail but believes e-commerce will continue to be significant. The wellness category is also being explored as a potential area for growth. Q: Can you share insights on customer overlap and behavior between online and offline channels in the beauty business? A: Anchit Nayar highlighted that there is significant overlap between online and offline customers, with different use cases for each channel. Consumers often shop both online for convenience and offline for experiential learning, and Nykaa's strategy is to offer both channels at scale. Q: What is driving the growth and profitability of the eB2B business, and how should we think about its future outlook? A: Falguni Nayar indicated that growth is driven by geographic expansion, brand partnerships, and improving margins. The business is on a path to profitability, but it requires continued investment and development. More detailed guidance will be provided at the annual meeting. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
Yahoo
26-05-2025
- Business
- Yahoo
Platform Group AG (XTER:TPG) Q1 2025 Earnings Call Highlights: Record Growth and Strategic Expansion
Release Date: May 23, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Platform Group AG (XTER:TPG) reported a significant growth in partners, with around 14,000 partners now working with the company, contributing to a stable growth rate. The company has expanded its industry coverage from 14 to 26 industries over three years, enhancing its market reach and customer base. Platform Group AG's stock has shown impressive development, with a growth of over 170% since acquiring the former fashion AI, and a 50% growth rate this year. The company achieved an 87% increase in GMV to 35 million and a nearly 50% increase in net revenue, outperforming market expectations. Platform Group AG's adjusted EBITDA reached 15.9 million, representing almost a 10% margin, one of the highest values in the company's history. The gross margin has decreased due to the acquisition of companies with high GMV but low revenues, affecting overall profitability. Despite the positive financial performance, the industrial goods segment continues to face high competition, resulting in lower EBITDA levels. The company has a net debt of around 106 million, which could pose financial risks if not managed carefully. Platform Group AG's growth strategy heavily relies on acquisitions, which may not always be feasible if fair valuations are not available. The company faces challenges in maintaining a stable cost structure amidst rapid revenue growth, requiring careful management to avoid cost overruns. Warning! GuruFocus has detected 7 Warning Signs with XTER:TPG. Q: Can you elaborate on the growth strategy for Platform Group AG, particularly regarding acquisitions? A: Dr. Dominic Benner, CEO, explained that the company aims for balanced growth through both organic and inorganic means. They have already completed four acquisitions this year and expect another four to five by year-end. The focus is on acquiring companies with fair valuations to enhance their platform offerings across various industries. Q: How has the company's financial performance been in Q1 2025? A: Dr. Dominic Benner reported that Platform Group AG's financials exceeded expectations, with GMV increasing by 87% to 35 million and net revenue up by almost 50%. The adjusted EBITDA reached 15.9 million, representing nearly a 10% margin, which is one of the highest in the company's history. Q: What are the key factors contributing to the company's revenue growth? A: The CEO highlighted the expansion of their partner network, which now includes over 16,000 partners and more than 4.2 million additional SKUs. This expansion has led to a 20% increase in products, directly boosting customer acquisition and revenue. Q: Could you provide insights into the company's cost management strategies? A: Dr. Benner noted that the company successfully reduced its marketing cost ratio and stabilized distribution costs after eight quarters of increases. This was achieved through effective cost efficiency programs and a stable, scalable cost structure. Q: What is the outlook for Platform Group AG for the rest of 2025 and beyond? A: The CEO expressed optimism, maintaining the company's guidance for 2025 with expected net revenue of up to 700 million and adjusted EBITDA between 47 to 50 million. They also anticipate continued growth across all segments and a strong return on capital employed and equity. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
