Highlights from the Annual Report: 

• Net revenue for the year increased 33.4% to SEK 5,813.8 million. The net revenue increase was supported by 30.6% growth for Boozt.com and 51.2% growth for Booztlet.com.
• The full-year net revenue in the Nordics increased with 32.9% mainly driven by Denmark and Norway. The rest of Europe increased 40.0%.
• The gross profit increased 32.9% to SEK 2,351.6 million. The gross margin was on level with last year at 40.4%
• Adjusted EBIT increased to SEK 342.5 million for the period. The adjusted EBIT margin decreased with 0.8 percentage points to 5.9%. 
• The active customer base grew by more than 500,000 new customers.
• The execution of our Nordic department store strategy continued to unfold with a lower return rate due to a different sales mix. The stronger growth in categories outside Women’s fashion affected net revenue positively.
• Boozt Group announced the acquisition of Nordic brands Rosemunde and Svea, supporting the development of the BrandHub. 
• More than 1,200 employees working to create the leading Nordic department store, offering the preferred destination for shopping Fashion, Kids, Sport, Beauty and Home online. 

Highlights from the Sustainability Report: 

• The Group maintained the significantly low 0.34 kg CO₂e per order associated with deliveries and returns as a result of local and optimised delivery patterns and fossil-free delivery options. 
• The second-hand peer-to-peer platform ReBoozt was launched on Boozt.com promoting more sustainable consumption.
• In 2021 our average eNPS (employee net promoter score) was 50. This places us in the top-tier employee engagement benchmarked against our sector and means we reached our goal for employee engagement set in our Care-For strategy. 
• By the end of the year, 21% of our apparel assortment met our sustainability criteria and was part of our Made With Care category.

Comment from Co-founder & CEO, Hermann Haraldsson: 
“Customers have really started to buy into the concept of the Nordic department store, which our numbers reflect. We have managed to grow our active customer base with more than 500,000 customers and more importantly, we have succeeded in keeping our new and existing customers happy with the service and selection.

I am confident that we at this time have the relevant categories that are quickly becoming destinations in their own rights, and we can now focus on making these categories even stronger. We believe that this curated multi-category department store strategy will set us apart from our peers and provide us with a unique potential for value creation.

We have also taken important steps in contributing to a more sustainable industry. We are on a journey to become a B-Corp certified e-retailer and even though e-commerce in general, and Boozt in particular, probably is the most CO₂ friendly way of buying fashion and apparel, we are constantly trying to reduce the carbon footprint of our deliveries and returns.”

The full Annual Report including the Corporate Governance Report and the Sustainability Report for 2021 is available at https://www.booztgroup.com/