Moonpig has posted a dip in revenues and sales as customer spend dropped in line with easing restrictions.
Adjusted EBITDA for the six months to October 31 fell 15.1% to £35m, while revenues dipped by 8.5% to £142m.
Moonpig attributed this to tough comparables in the height of UK lockdown last year, when customer spend was forced online.
The greetings card specialist recorded revenues up 115% on a two-year basis, however, which it said was indicative of significant growth of its customer base, higher purchase frequency and the growth of its gifting division.
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