Online flash sales group Showroomprivé reports EUR 40 million loss in 2024
On Thursday, March 13, Showroomprivé (SRP Groupe) announced a net loss of nearly EUR 40 million for 2024, primarily due to a “a revaluation of the acquisition debt of The Bradery,” one of the group's three platforms. Showroomprivé, which reported a net profit of EUR 500,000 the previous year, stated that excluding this exceptional item, the net loss would have been EUR 17 million. The group's sales fell by 4.5% to 646.5 million euros. The flash sales company operates three platforms:... - Industry buzz
On Thursday, March 13, Showroomprivé (SRP Groupe) announced a net loss of nearly EUR 40 million for 2024, primarily due to a “a revaluation of the acquisition debt of The Bradery,” one of the group's three platforms.
Showroomprivé, which reported a net profit of EUR 500,000 the previous year, stated that excluding this exceptional item, the net loss would have been EUR 17 million.
The group's sales fell by 4.5% to 646.5 million euros.
The flash sales company operates three platforms:...
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Industry buzz
