Greetings-Card Platform Reports Strong Sales and Orders Growth

  • Moonpig maintains full fiscal-year guidance after reporting in-line trading performance
  • Growth driven by strong sales and orders performance
  • Revenue growth expected at mid to high single-digit percentage rate
  • Medium-term targets reaffirmed: double-digit annual revenue growth, 25%-26% EBITDA margin, and mid-teens adjusted EPS growth

Moonpig, the London-listed greetings-card and gifting platform, has maintained its full fiscal-year guidance after delivering in-line performance for the year so far. The company attributes this growth to consistent strong sales and orders performance. It expects revenue growth at a mid to high single-digit percentage rate for the year ending April 30th. Moonpig also reaffirmed its medium-term targets, aiming for double-digit annual revenue growth, an adjusted EBITDA margin of around 25% to 26%, and a mid-teens adjusted earnings per share growth. CEO Nickyl Raithatha credits ongoing investment in technology innovation and AI for the sustained positive momentum in trading performance.

Factuality Level: 10
Factuality Justification: The article provides accurate information about Moonpig’s financial performance, including its guidance for the fiscal year and targets, as well as comments from the CEO. It is free of digressions, unnecessary background information, or tangential details. There is no sensationalism, redundancy, or personal perspective presented as fact. The reporting is not exaggerated or misleading, and there are no logical errors or inconsistencies.
Noise Level: 7
Noise Justification: The article provides relevant information about Moonpig’s financial performance and guidance, but it lacks a deeper analysis or exploration of the factors contributing to the growth and potential challenges the company may face in the future.
Public Companies: Moonpig (MOON)
Key People: Nickyl Raithatha (Chief Executive)

Track all markets on TradingView

Financial Relevance: Yes
Financial Markets Impacted: Moonpig’s stock price and related companies in the greetings-card and gifting industry
Financial Rating Justification: The article discusses Moonpig’s financial performance, guidance, and targets, which can impact its stock price and the performance of other companies in the same industry.
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: There is no mention of an extreme event in the text.
Move Size: No market move size mentioned.
Sector: Technology
Direction: Up
Magnitude: Medium
Affected Instruments: Stocks

Reported publicly: www.marketwatch.com www.retailsector.co.uk www.retailgazette.co.uk