Shares in Moonpig jumped 8% this morning after it reported growth in both annual revenues and profits.
The online card retailer welcomed former AutoTrader COO Catherine Faiers as CEO in March as Nickyl Raithatha – who oversaw Moonpig’s IPO in February 2021 – left the company after eight years in the role.
One of her first duties has been to inform the markets of 6.5% revenue growth for the year ended 30th April 2026, reaching £373 million, with adjusted EBITDA growth of 8.1% to £104.6m – a margin of 28%.
Moonpig’s shares stood at 241.8 pence at midday, giving it a market cap of £729m – up 20% in the year to date.
The firm said £60m of share buybacks were completed in FY26, with the intention to repurchase up to £65m during FY27.
Its board is proposing a 25% increase in the total dividend for FY26 to 3.75p per share.
“Since the start of the year, trading across the group has been in line with expectations. Our expectations for FY27 remain unchanged,” it stated.
“These results demonstrate the strength of Moonpig Group’s brands, customer proposition and business model,” said Faiers.
“The group delivered good growth in revenue, profitability and cash generation whilst continuing to invest in the capabilities to support our future ambition. This performance reflects the hard work, commitment and execution of our outstanding teams across the business.
“Since joining the business in March, my conviction in the opportunities ahead has only grown. At its heart, Moonpig Group helps people to build and maintain meaningful relationships and in an increasingly digital world, that role feels more relevant than ever.
“What excites me most is the combination of trusted brands, rich proprietary customer data and differentiated operational capabilities that have been built over many years. Together they give us a more powerful foundation to deepen customer relationships, unlock more value across the Group and deliver attractive returns for shareholders over the long term.”