Footasylum has posted record full-year results, with revenue rising 9.4% to £349.5m and underlying EBITDA jumping 26% to £28.2m for the year to 25 January 2025.
Operating profit more than doubled to £21.7m, while profit after tax surged 625% to £19.9m, up from £2.8m the prior year.
The retailer said sales in the first 21 weeks of FY26 are also up 10.5% year-on-year, spurred by a 6% uplift in like-for-likes.
Footasylum said strong sales in its current financial year were driven by strong demand for exclusive brands and juniorwear. The latter grew by 42%, while sales across the footwear retailer’s nursery category rose 45%.
Exclusive brand sales more than doubled during the year, rising 101% to £33.7m and accounting for 10% of Footasylum’s total revenue.
Store sales rose 3% to £172.6m, while online revenue increased 6% to £143.1m. The business said its omnichannel model continues to perform well and that gross margin is currently tracking ahead of both last year and internal forecasts.
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CEO David Pujolar said: “Footasylum delivered record results in FY25, marking a truly standout performance – and I’m pleased to report that our strong trading has continued into the current financial year, ahead of both the prior year and budget.”
“Our brand recognition, particularly among our core 16–24 demographic, continues to grow, supported by our distinctive content and social strategy. This was acknowledged in two recent awards wins, both recognising Footasylum for its groundbreaking approach to social media and content.”
“With a clear plan in place, we are well positioned for the next phase of our journey, including international expansion in the medium term.”
As part of its ongoing store expansion programme, Footasylum opened seven stores in FY25 and plans six more this year, including a new site at Parc Trostre in Llanelli. An upsized Leeds Trinity Centre store is also scheduled for Q1 2026.
The retailer has also secured a £35m revolving credit facility from HSBC to support further investment in its digital-first strategy, including a new customer app set to launch this month.
CFO Nick Scott added: “Our successful store opening and upsizing programme, based on the blueprint of our Oxford Street flagship, continues to drive momentum.”
“The refinancing of our £35m revolving credit facility gives us the headroom to invest confidently – in bigger-and-better stores, but also in our digital-first customer journey and newer categories such as juniorwear, which is already delivering standout results.”
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