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FARFETCH ● Farfetch Announces Second Quarter 2021 Results Gross Merchandise Value ( " GMV " ) exceeds $ 1 billion , up 40 % year - over - year and more than double compared to Q2 2019 Full - price sales growth of 90 % drives Q2 2021 Digital Platform GMV increases of 40 % year over - year and 89 % compared to Q2 2019 Q2 2021 Revenue increases 43 % year - over - year to $ 523 million Q2 2021 Gross Profit Margin improves by 30 bps year - over - year to 44 % ; Digital Platform Order Contribution Margin declines 90 bps year - over - year to 34 % Q2 2021 Profit After Tax of $ 88 million includes $ 246 million non - cash benefit arising from impact of lower share price on items held at fair value and remeasurements Q2 2021 Adjusted EBITDA improves to $ ( 21 ) million , from $ ( 25 ) million in Q2 2020 LONDON , U.K. August 19 , 2021 - Farfetch Limited ( NYSE : FTCH ) , the leading global platform for the luxury fashion industry , today reported financial results for the second quarter ended June 30 , 2021 . José Neves , Farfetch Founder , Chairman and CEO said : " I am truly impressed with the resilience of the luxury industry , which after an unprecedented period , is already back to growth with even stronger fundamentals . I am very proud that Farfetch was a close partner for both retailers and brands in this time , delivering strong growth to our sellers , and as a result doubling our GMV in the last 24 months . " Our strong performance in second quarter 2021 reflects powerful flywheel dynamics in play at full force . Our stronger Farfetch brand is drawing marketing partnerships and even greater supply from brands to drive a 90 % increase in full - price sales year - over - year from the highly valuable luxury audience we have attracted . All this boosts our progress towards becoming the global platform for luxury , as we continue to advance our initiatives in China , Farfetch Platform Solutions , Farfetch Connected Retail and our Luxury New Retail vision . " Elliot Jordan , CFO of Farfetch , said : " I am very pleased with Farfetch's results in second quarter 2021 . We executed across the platform to deliver high quality top line growth , significantly increasing our full - price mix and generating record media solutions revenue . This in combination with further efficiencies in demand generation and operating costs resulted in strong Adjusted EBITDA margin performance , which positions us well to achieve our full - year Adjusted EBITDA profitability target through the continued sustainable growth of our platform . " 1