Annual report
Page 1
ADOREBEAUTY GROUP Adore Beauty Group Limited APPENDIX 4E Preliminary final report 1. Company details Name of entity : ABN Adore Beauty Group Limited 78 636 138 988 Reporting period : For the year ended 30 June 2026 Previous period : For the year ended 30 June 2025 2. Results for announcement to the market $ ' 000 Revenues from ordinary activities up 4.3 % to 207,284 Loss from ordinary activities after tax attributable to the owners of down 675.3 % to ( 4,378 ) Adore Beauty Group Limited Loss for the year attributable to the owners of Adore Beauty Group Limited down 675.3 % to ( 4,378 ) Underlying Results Sales Gross Profit 2026 $ ' 000 2025 $ ' 000 207,284 198,815 71,519 70,210 3,778 6,224 Underlying EBITDA FY26 revenue increased 4.3 % over the previous corresponding period to a record $ 207.3 million , benefiting from $ 18.6 million contribution from the Group's retail network , strong retail media growth and owned brands . The Group's pre - tax loss of $ 6,060,000 ( 30 June 2025 : pre - tax profit of $ 1,232,000 ) encompasses $ 4,362,000 in one - off expenses . These included pre - opening store costs , restructuring expenses , and costs associated with both the implementation of new Enterprise Resource Planning software and new distribution centre . Underlying EBITDA of $ 3,778,000 declined 39.3 % over the prior year , reflecting a higher fixed cost base due to the Group's significant investment in the growing retail network and more challenging trading conditions , particularly in Q4 . Underlying earnings before interest , tax , depreciation , amortisation and other costs ( ' Underlying EBITDA ' ) excludes the impact of ( i ) AASB 16 Leases ; ( ii ) store rollout pre - opening expenses , ( iii ) one off infrastructure related expenses , ( iv ) restructuring costs , ( v ) non - cash impacts of AASB 2 Share Based Payments and ( vi ) other non - core income and expenses recorded in profit and loss during the period . Refer to the Directors ' report on page 14 for the reconciliation of Underlying EBITDA to statutory profit before income tax .