THG Plc

THG Plc

38.54
GBX
-0.48
(-1.23%)
70.73BMarket Cap
Apr 15Next Earn
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.76
0.94
1.17
2.01
1.98
1.81
1.45
1.28
1.24
- -
Basic EPS, GAAP
-0.01
-0.01
-0.05
-0.66
-0.13
-0.44
-0.19
-0.24
0.04
- -
Free Cash Flow per Basic Share
-0.06
-0.03
-0.13
-0.2
-0.15
-0.11
0.01
- -
0.01
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.27
0.39
0.48
1.18
1.44
1.03
0.85
0.25
0.28
0.28
Tangible Book Value per Share
-0.17
-0.14
-0.11
0.48
0.2
0.02
-0.15
-0.53
-0.27
-0.27
Basic Weighted Avg Shares
971
971
971
804
1,099
1,239
1,297
1,369
1,388
1,395
Sales/Revenue/Turnover
736
916
1,140
1,614
2,180
2,239
1,880
1,751
1,718
- -
Operating Margin (%)
1.89
1.9
-0.2
-18.82
-1.19
-22.13
-2.09
-8.44
-3.05
- -
Depreciation Expense
38
51
78
105
170
203
214
206
91
- -
Net Income, GAAP
-10
-10
-44
-533
-138
-540
-248
-326
54
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-1.4
-1.11
-3.88
-33.01
-6.33
-24.11
-13.21
-18.62
3.15
- -
Working Capital
98
153
139
776
486
387
228
-121
-53
-53
LT Debt
370
520
631
732
795
939
922
523
471
471
Total Equity
266
380
468
1,145
1,756
1,302
1,022
306
425
425
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
-3.15
-10.43
-66.07
-9.52
-35.32
-21.38
-49.14
14.81
- -

Capital Structure

GBP

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
123
64
91
LT Borrowings
492
412
361
LT Finance Leases
31
126
110
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,239
1,308
1,546
Market Capitalization
557
422
707

Working Capital

GBP

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
1,484
573
590
Cash, Cash Equivalents & STI
309
146
183
Accounts Receivable, Net
33
121
38
Inventories
265
265
273
Total Current Liabilities
1,606
556
643
Payables & Accruals
- -
- -
- -
ST Debt
123
64
91
Deferred Revenue
- -
- -
- -

Growth Rates

GBP

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-5%
39.04%
Free Cash Flow
- -
-122.18%
-354.29%
Net Income, GAAP
- -
15.54%
-116.6%
Sales/Revenue/Turnover
- -
2.6%
-1.91%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
1,880
2024
- -
- -
1,751
2025
- -
- -
1,718

Semi-annual Earnings Per Share

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
-0.19
2024
- -
- -
-0.24
2025
- -
- -
0.04

Semi-annual Dividends Per Share

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -

Company Description

CEO
Matthew John Moulding
Full Time Employees
2,670
Sector
Retail trade
Industry
Internet retail
Address
Icon 1 7-9 Sunbank Lane Trafford GM United Kingdom WA15 0AF
IPO Date
Sep 21, 2020
Website
thg.com
Business
THG Plc (THG) operates as a global e-commerce retailer and brand owner in the beauty, health, and wellness sectors, headquartered in Manchester, UK, and founded in 2004. The company conducts its activities through two primary divisions: THG Beauty and THG Nutrition. THG Beauty runs prominent online platforms such as Lookfantastic, Cult Beauty, and Dermstore, providing access to over 1,300 third-party brands in skincare, haircare, cosmetics, body care, fragrances, and spa products across 195 territories including the UK, US, and Europe; it also offers owned brands like Biossance, ESPA, Illamasqua, Christophe Robin, Glossybox, and Ameliorate, supported by in-house manufacturing facilities including THG Labs in the UK and Bentley Laboratories in the US. THG Nutrition, led by Myprotein as the world's largest online sports nutrition brand, delivers protein powders, supplements, vitamins, minerals, bars, snacks, drinks, and activewear under brands such as Myvitamins and MP Activewear; products reach consumers directly via localized websites and through offline retail partnerships worldwide, with vertical integration via dedicated production and distribution facilities. THG Plc maintains manufacturing and fulfillment operations in key locations including the UK, US, Poland, and Japan, targeting direct-to-consumer channels, third-party retailers, gyms, and supermarkets globally. In recent strategic developments, the company completed the demerger of its THG Ingenuity technology and logistics arm on 2 January 2025, streamlining focus on its core Beauty and Nutrition businesses as a cash-generative entity; it transferred to the equity shares (commercial companies) category of the Official List on 6 January 2025, enhancing index eligibility. Within THG Nutrition, Myprotein executed a global rebrand, launched 14 new licensed products in H2 2024, entered the dairy market via a long-term partnership with Müller, expanded its Iceland Foods deal, initiated co-manufacturing in Japan, secured a strategic partnership with Everlast Gyms (Frasers Group) for 60 in-gym Myprotein Kitchens in the UK and Ireland, and extended retail presence into US CVS stores, Middle East Spinneys, and additional grocer listings. THG Beauty advanced with the opening of its first Lookfantastic concept store, partnerships including The White Company, a refined Ameliorate product range using Prevented Ocean Plastic packaging, and asset sales such as the luxury portfolio alongside discontinuation of non-core cosmetics and masstige lines to prioritize prestige skincare. The company reported Q3 2025 continuing revenue growth of 6.3% (constant currency), with THG Nutrition at +10.0% and THG Beauty at +4.2%, positioning it for mid-single-digit revenue expansion in FY 2025 amid whey price normalization and VAT ruling potential. THG Plc employs approximately 6,800 people and lists on the London Stock Exchange as a FTSE 250 constituent under ticker THG (OTC: THGPF).