The Platform Group AG Maintains Strong Growth and Future Outlook

The Platform Group AG has reported robust growth in its Q3 results, continuing its upward trajectory. With a 23% increase in partners, the company expanded its active customer base by 49% year-over-year (yoy) to 6.7 million. This growth, combined with a stable average order value (AOV) of €127, led to a substantial 51% rise in gross merchandise value (GMV) to €250 million.

Q3 sales surged by 35% yoy to €189 million. The Consumer Goods segment dominated with a 41% increase. Freight Goods and Industrial Goods also showed significant gains, growing by 39% and 15% yoy, respectively. New revenues from the Optics & Hearing segment recorded a notable 26.5% EBITDA margin.

Profitability was bolstered by strategic acquisitions and operating leverage, with adjusted EBITDA soaring 79% yoy to €12.5 million. The company is on track to meet its annual guidance, projecting sales between €715–735 million and an adjusted EBITDA of €54–58 million for FY’25.