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5 May 2021 The information contained within this announcement is deemed by the company to constitute inside information stipulated under the Market Abuse Regulation ( EU ) No. 596/2014 . Upon the publication of this announcement via the Regulatory Information Service , this inside information is now considered to be in the public domain . boohoo group plc – final results for the year ended 28 February 2021 Building for the future 2021 2020 Change £ million £ million Revenue Gross profit 1,745.3 1,234.9 + 41 % 945.2 666.3 Gross margin 54.2 % 54.0 % + 42 % + 20bps Adjusted EBITDA ( 1 ) 173.6 126.6 + 37 % % of revenue 10.0 % 10.2 % -20bps Adjusted EBIT ( 2 ) 149.3 107.0 + 40 % % of revenue 8.6 % 8.7 % -10bps Adjusted profit before tax ( 3 ) 149.9 108.3 + 38 % Profit before tax 124.7 92.2 + 35 % Adjusted diluted earnings per share ( 4 ) 8.67p 5.88p + 47 % Diluted earnings per share 7.25p 5.35p + 36 % Net cash ( 5 ) at yearend 276.0 240.6 + £ 35.4 million Financial highlights • Revenue £ 1.745 billion , up 41 % ( 41 % CER ( ) ) • Strong revenue growth across all geographies with UK up 39 % and international up 44 % . International revenue is now 46 % of total , up from 45 % • Gross margin 54.2 % , up 20 bps • Adjusted EBITDA £ 173.6 million up 37 % , with Adjusted EBITDA margin of 10.0 % ( 2020 : 10.2 % ) , notwithstanding COVID - 19 cost headwinds and significant investment in acquisitions Robust balance sheet with net cash of £ 276.0 million ( 2020 : £ 240.6 million ) . High cash generation with operating cash flow of £ 201.1 million ( 2020 : £ 127.3 million ) . £ 195.7 million capital raised . Operational highlights • • • Significant group - wide progress made on Agenda for Change programme , which has independent oversight from Sir Brian Leveson Strengthening corporate governance through a new non - executive director appointment , establishment of a Risk Committee and committed in excess of £ 10 million in supply chain monitoring and compliance Successful integration and re - launch of Oasis and Warehouse brands on our multi - brand platform • Acquisition of Debenhams online business and investing to transform the business into a digital department store with significant potential • Acquisition of Dorothy Perkins , Wallis and Burton brands , adding to the group's diversity and reach