Sofa Club, one of the UK's fastest-growing online sofa retailers, has reported a significant financial turnaround in its first independently audited results. For FY24/25, the company saw revenue rise 24% from £27m to £33.5m, transforming a £50,000 loss into a £2.6m profit after tax. Net profit margin improved to 7.7% from -0.2%, while EBITDA more than doubled to £3.3m. Negative equity of £1.3m shifted to nearly £1m in positive equity.
© Sofa Club
The audit, Sofa Club says, "provides external verification of its financial performance, giving added confidence to partners, suppliers and customers." Financial controller Yodi Christodoulou described the results as a 'landmark moment', highlighting the company's rapid yet sustainable growth.
Founded in 2012, Sofa Club has built a reputation as a design-led, customer-focused brand with a growing online presence and expanding B2B partnerships. The business continues to invest in innovation, product development and digital growth, positioning itself for further expansion. Christodoulou added that the independently verified results are a 'testament to the team's hard work and the loyalty of our customers and partners.'
Source: www.furniturenews.net
