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Learn more posts record revenue has reported a record 61% jump in full-year turnover to £204m, as its investments “start to deliver”.

EBITDA for the year to 31 January rocketed 458% to £19m compared to 2015.

The business said average order values increased 14% to £511 and the number of new customers increased 60% year on year.

There was strong growth in all markets, with sales up 45% in the UK and more than 80% in the rest of the world.

Sales from outside the UK now make up 80% of all online sales. During the year the website had 55 million visits.

Matches launched a 90-minute delivery service last year and moved its head office to The Shard in London, expanding its office space by 40% to 48,000 sq ft.

Tom Chapman, executive co-chairman of the firm, said: “In recent years we have focused on building the foundations – of people, operations, and technology – to enable future growth, with a focus on driving an agile business at scale.

“The results demonstrate that we are now starting to deliver the return on the investment made. In our 30th year we continue to look to the future of luxury commerce and how we can keep innovating to drive profitable growth, deepen our relationships with customers, and inspire our team.”


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