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Mobile Fun full-year sales up 14.7%

Mobile Fun saw its sales rise by 14.7% to £11.5 million in the year to 31 March as the online mobile accessories retailer continued to expand in overseas markets.

GENERAL MERCHANDISE

Mobile Fun full-year sales up 14.7%

International sales climbed 45% to £4.9 million in the year and now account for 42.3% of all sales.

While EBITDA rose by 28.3% to £1.1 million, orders increased by 17.2% to 465,847 boosted by a 58.6% increase in orders on international websites as the retailer launched in 22 new countries.

Mobile Fun managing director Mohammed Hussain said: “We’ve enjoyed another year of unprecedented growth, especially across our international business. The strength of the consumer smartphone market is driving demand, and we’ve been able to capitalise on this by giving customers what they really care about – a wide choice of mobile accessories and fast delivery.”

Looking ahead, Hussain added: “We are positive in our outlook for the year ahead - our successful international strategy will continue, and we are putting in place exciting new plans for further growth.”

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