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showroomprive.com PRESS RELEASE 21 October 2021 2021 NINE - MONTH BUSINESS REVIEW REVENUES : € 522.9 MILLION ( UP 12.5 % ) INCLUDING AN EXPECTED MARKET DOWNTURN IN Q3 - La Plaine Saint Denis , 21 October 2021 – Showroomprivé ( SRP Group ) , a leading European online retailer for the Digital Woman , publishes its net revenues for the third quarter and first nine months ended 30 September 2021 . Third quarter down 16.8 % versus Q3 2020 but up 7.8 % versus Q3 2019 An expected performance resulting from : • • An accounting cut - off effect¹ , without which the quarterly decline would be limited to 11.1 % ; A demanding 2020 comparison base due to the boost in e - commerce activity generated by the health crisis , amid a more normalised environment in 2021 ; An offering that remains selective , but with less renewal due to current supply shortages and the general production slowdown in 2020 , temporarily reducing inventory volumes at brand partners in 2021 ; More calibrated marketing investment to reflect the context and maintain an efficient acquisition cost . Growth drivers fulfilling their promise Excellent third quarter performance by SRP Media ( up 90 % compared to Q3 2020 ) in line with the first half 2021 . Confirmed rebound of the Travel and Ticketing segment ( up 280 % compared to Q3 2020 ) with volumes already significantly above 2020 . Nine - month revenues remain dynamic , up 12.5 % compared to nine - months 2020 Performance supported by continued strong indicators : • 81 % of revenues generated by our loyal customer base ; • Revenue per buyer up 11.5 % to € 177.1 compared to nine - months 2020 ; Average basket size up to € 47.8 over nine months in line with the offer “ premiumisation ” strategy ; о ○ 3.2 % increase in the number of orders compared to nine - months 2020 . Outlook and ambitions for profitable growth in 2021 confirmed Strong first half financial performance ; Target Full - year 2021 EBITDA above 2020 EBITDA , confirming the success of the profitability initiatives taken under the 2018-2020 Performance Plan and the strength of the business model , despite the expected revenue decline in the second half due to market conditions ; Significant cash position of € 95.2 million and net cash of € 31.8 million at 30 September 2021 ( excl . IFRS 16 impact ) . Showroomprivé co - founders and co - CEOs Thierry Petit and David Dayan commented on these results : " It will come as no surprise that the third quarter presented a less favourable environment for e - commerce compared to last year , with a return to greater consumption in physical stores , which impacts all players in the sector . However , the increase in e- commerce penetration remains a lasting trend . We have also been impacted by lower stock availability at our brand partners due to disruptions in the global production and supply chain . In this context , our third quarter revenue is , coherently down , but remains up compared to the same period in 2019. In the face of these exogenous disruptions , which may still persist for several months , we can rely on the strength of our organisation that is much more efficient and agile than two years ago thanks to the success of the 2018-2020 Performance Plan , a sound financial structure with a net cash position , and new growth drivers that are significant contributors to profitability . In view of our performance in the first nine months of the year , we are confident that our performance in 2021 will exceed that of 2020 , further strengthening the Group's fundamentals and putting us in a very favourable position to benefit from a more normalised economic environment . " 1 I This is the difference in revenue between Q3 2020 and Q3 2021 as a result of delays in booking orders from one quarter to the next . Public