Moonpig Group (LSE:MOON), the online greeting cards and gifting platform, reported a 6.5% rise in full-year revenue to £373m for the year ended 30 April, while adjusted earnings per share surged 19.5% to 18.0p, the standout swing in a set of results the company described as a year of strong financial and operational progress.
Adjusted EBITDA rose 8.1% to £104.6m, giving a margin of 28.0%, while reported profit before tax improved sharply after the prior year was burdened by £64.6m in adjusting items that did not recur in FY26.
Free cash flow climbed 11.2% to £73.5m, supporting £60.2m of share buybacks during the year alongside £10.3m in dividends.
The Moonpig brand grew faster than the group at 8.6%, while the Dutch Greetz brand delivered constant-currency revenue growth of 1.5%; the active customer base across both reached 12.3m, up from 12.0m a year earlier.
Average order value rose 5.7%, driven by higher-priced gift attach, card upsell and migration to tracked delivery services; gift attachment reached 17.9% of orders.
The Board proposed a total dividend of 3.75p per share for FY26, a 25% increase year on year, and said it intends to repurchase up to £65m of shares in FY27.
"Since joining the business in March, my conviction in the opportunities ahead has only grown," said chief executive Catherine Faiers, citing the combination of proprietary customer data, trusted brands and operational capabilities as the foundation for deeper customer relationships.
Trading since the start of FY27 has been in line with expectations, with the group's medium-term framework unchanged: mid-to-high single-digit annual revenue growth, adjusted EBITDA margin of 25% to 27%, and double-digit adjusted EPS growth.
