The company continued to see strong momentum in its own website, where revenue rose 27 per cent year on year (YoY), supported by higher site traffic, improved conversion rates and increased order volumes from both new and existing customers. The gross margin improved to 66 per cent, compared with 64.7 per cent in the same period of FY25, driven by an improved intake margin, Sosandar said in a press release.
Sosandar plc has posted a 10 per cent rise in Q3 FY26 revenue to £13.4 million (~$18.09 million), driven by a 27 per cent surge in own-site sales and improved margins.
Gross margin rose to 66 per cent, while net cash reached £9.7 million (~$13.10 million).
Trading remained in line with expectations, with full-year revenue forecast at £43.6 million (~$58.86 million).
The company said its partnership with Marks & Spencer (M&S) continues to trade with stock levels below the prior year following a cyber incident, with stock levels expected to normalise by Spring 2026. Performance through physical stores was also encouraging, with sales ahead of the prior year.
The group ended the period with strong net cash of £9.7 million (~$13.1 million) as of January 9, 2026, compared with £9.5 million on November 22, 2025, after returning £0.8 million to shareholders through market purchases of the company’s shares.
Q3 performance was in line with management expectations and remains on track to meet market expectations for the full fiscal. The current market forecasts for full fiscal ending March 31, 2026, are revenues of £43.6 million (~$58.86 million) and profit before tax of £0.4 million.
Strong H1 momentum carried into the second half (H2), lifting Q3 revenue by 10 per cent YoY to £13.4 million from £12.2 million. This was driven mainly by Sosandar’s own site, the cornerstone of its brand, where revenue surged 27 per cent on the back of higher traffic, stronger conversion and rising order volumes.
“We are pleased to see the positive momentum has continued into the second half of the financial year, with continued revenue growth and improved margins. The foundations have been laid for sustained profitable and cash-generative growth and we are excited for what 2026 will bring,” said Ali Hall and Julie Lavington, joint-CEOs of Sosandar plc.
Fibre2Fashion News Desk (SG)
