LuxExperience B.V.
LUXE · Retail-Catalog & Mail-Order Houses · EDGAR filings ↗
Grade
B78Scaled luxury e-commerce group with top-percentile reported margins and strong revenue growth, but the headline profitability is inflated by YNAP acquisition accounting and operating cash flow is negative.
Strengths
- Top-percentile reported operating/net margins (100th) and ROA (100th), with strong revenue growth (93rd) and 95th-pct interest coverage
- Strong liquidity (current ratio 84th) and ROE ~42% (82nd pct)
Risks
- Net income fell sharply (3rd pct) and net margin appears distorted by one-off bargain/acquisition gains; OCF margin negative (26th pct)
- Integration/turnaround risk on loss-making YNAP and an intensely competitive, consolidating luxury sector
Notable findings
- Strong balance sheetStrong balance sheet — $708M cash & investments
Key metrics
Gross margin
47.8%
Operating margin
45.8%
Net margin
45.2%
Return on equity
41.8%
Return on assets
25.0%
Revenue growth (QoQ)
64.5%
Interest coverage
79.5×
Current ratio
2.5×
Tangible book value
$1.4B
Cash & investments
$708M
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 20-F | 2025-10-30 | 2025-06-30 | 0001104659-25-104454 ↗ |
| 20-F | 2024-09-12 | 2024-06-30 | 0001104659-24-099133 ↗ |
| 20-F | 2023-09-14 | 2023-06-30 | 0001104659-23-100576 ↗ |
| 20-F | 2022-09-15 | 2022-06-30 | 0001104659-22-100163 ↗ |
| 20-F | 2021-10-15 | 2021-06-30 | 0001104659-21-126376 ↗ |