Aritzia FY21 Accomplishments and Financial Highlights
PROVEN RESULTS
Net Revenue ($ millions)
16%
CAGR
Pre-COVID
$981
$874
$857
$743
$667
$542
FY2016
FY2017 FY2018 FY2019 FY2020 FY2021
Adjusted EBITDA 2,3
($ millions)
19%
CAGR
Pre-COVID
$173
$161
$133
$118
$85
$77
Comparable Sales (%) 1,4
Q1
Q2
Q3
Q4 Annual
FY2016
26.0% 20.9% 15.5% 9.3%
16.8%
FY2017
12.8% 16.4% 15.1% 12.3% 14.1%
eCommerce
FY2018
9.3%
5.4%
6.3% 6.0%
6.6%
Retail
FY2019
10.9% 11.5% 12.9%
5.5%
9.8%
FY20203
7.9%
8.4%
5.1%
8.9%
7.6%
FY2016 FY2017 FY2018
FY2019 FY2020
FY2021
Margin
15.7%
17.6%
17.9%
18.4%
17.6%
9.0%
$40
Adjusted Net Income ($ millions)
25%
CAGR
Pre-COVID
$95
$97
$76
$65
$26
FY2016 FY2017
FY2018
FY2019 FY2020 FY2021
Margin
7.4%
9.7%
10.2%
10.8%
9.9%
3.0%
11
1 Our comparable sales growth calculation excludes the impact of foreign currency fluctuations by applying the prior year's average quarterly exchange rate to both current year and prior year comparable sales
2 Figures adjusted to exclude stock-based compensation, unrealized (gains) losses on equity derivatives and forward contracts, a one-time lease exit cost and offering transaction costs recoveries
3 We adopted IFRS 16 Leases, replacing IAS 17, for the annual reporting period beginning on March 4, 2019. For analysis purposes only, all figures are shown as if we continued to report under IAS 17 and did not adopt IFRS 16.
See Disclaimer - Non-IFRS Measures including Retail Industry Metrics
4As temporary boutique closures from COVID-19 have resulted in all boutiques being removed from our comparable store base, comparable sales growth is not currently representative of the underlying trends of our
business. We do not believe this metric is currently useful to investors in understanding performance and therefore have not reported this metric during FY2021.
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