468 SPAC II: Marley Spoon Boosts Profitability, Hits Record Margin

• Marley Spoon Group SE reported Q1 2025 results with a net revenue of €74.7 million, a decrease of 7.4% year-over-year.
• The company achieved a record high contribution margin of 35.0%, improving by 60 basis points compared to the previous year.
• Operating EBITDA margin was 0.8%, marking six consecutive quarters of positive performance, with EBIT improving to €(3.8) million, a €3.8 million increase year-over-year.
• Cash flow from operating activities increased to €4.6 million, with a quarter-end cash balance of €7.7 million, up €1.7 million from the prior year.
• The US segment reported net revenue of €40.0 million, with a contribution margin of 39.1%, while Australia had net revenue of €27.7 million and a contribution margin of 31.4%.
• The European segment merged brands under the Marley Spoon umbrella, showing improved order frequency and average order value, despite a net revenue of €7.0 million, a decrease of 3.6% year-over-year.

The next important date, Quarterly report, at 468 SPAC II Registered (A) is on 12.08.2025.