Card retailer Moonpig Group has reported its gross profit for the half year ending October 31 grew 3.7 year-on-year to £97 million.

The firm has today (9 December) published its half-year financial results, which show a 6.7% rise in revenue for the six-month period ending October 31.

According to the report, the brand’s experience revenue decreased by 8.9% year-on-year; however, it said recent trading results have been “encouraging”.

Nickyl Raithatha, CEO, said: “I am proud of what our outstanding team has built together during my seven years as CEO. Today, Moonpig Group is the leading online greeting card and gifting platform in the UK and the Netherlands.

“We have built a resilient, cash‑generative and profitable platform with a clear strategy, a highly engaged, loyal and growing customer base and a data advantage that continues to compound year after year. With real momentum and multiple growth levers to pull, the Group is well-positioned to continue capitalising on the long-term structural shift from offline to online.”

The retailer’s adjusted EBITDA margin grew to 26.7% and its adjusted EPS growth was 13.1% aided by growth in trading, share buybacks and operating leverage.

It also reported its Moonpig Plus and Greetz Plus subscription holders increased to 1.02 million members.

The group has said its performance was in line with expectations. This follows the company’s announcement that Catherine Faiers will take over the role as CEO from 2 March 2026.

Ross Jobber, consumer analyst at Edison Group said: “Moonpig has delivered a confident set of half year results, with revenue up 6.7% to £168.6 million and strong growth at the core Moonpig brand supported by Greetz’s return to expansion.

“The customer metrics tell the same story. Active customers reached 12.1 million, Plus subscriptions passed 1 million and reminder volumes climbed to 107 million, reinforcing the strength of Moonpig’s engagement model.”

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