Asos plc LSE:ASC
- Incorporated
- United Kingdom
- Chief executive
- José Antonio Ramos Calamonte
- Employees
- 2,974
- Reports in
- GBP
- Companies House
- 04006623
Read straight from the annual reports
498p at close on 2 Oct 2026 · 11 reported years, 2015–2025
| Line | FY201508/15 | FY201608/16 | FY201708/17 | FY201808/18 | FY201908/19 | FY202008/20 | FY202108/21 | FY202208/22 | FY202309/23 | FY202409/24 | FY202508/25 | FY2026unreported |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||
| Gross profit | ||||||||||||
| Operating profit | ||||||||||||
| Adjusted operating profit | — | — | — | |||||||||
| Exceptional items | vs 219.5 | vs 253.3 | ||||||||||
| Net finance cost | ||||||||||||
| Profit before tax | vs 42.8 | |||||||||||
| Adjusted profit before tax | — | — | — | |||||||||
| Tax charge | ||||||||||||
| Profit for the year | ||||||||||||
| EBITDA | ||||||||||||
| Adjusted minus statutory PBT | — | — | — | |||||||||
| Basic EPS | ||||||||||||
| Diluted EPS | ||||||||||||
| Dividend per share | — | — | — | — | — | — | — |
GBP millions, negatives in brackets. Per-share lines in pence, share counts in millions. later is what a following report restated the figure to; vs is a second reading that disagrees. The figure shown is the one the original filing printed, and both readings are kept. Click any figure: opens the report page it was read from, highlighted; shows how it was calculated. The share price above is drawn to the same columns: each close sits over the financial year it fell in.
11 years, at a glance
Dashed: Operating margin, in % on its own scale — read its shape, not its height against the bars.
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Retail sales of own-brand and partner-brand fashion/beauty products
Retail sales £2,339.5m of total revenue £2,477.8m in FY25
page 137Flexible Fulfilment (Partner Fulfils / ASOS Fulfilment Services) partner-brand GMV
Flexible Fulfilment models represent >10% of third-party GMV at FY25 end (from 5% at FY24 end), spanning c.150 brands and >10 markets
page 15Full-price mix improvement and lower markdown via Test & React
Adjusted gross margin up 370bps YoY to 47.1%
page 51Growth of Flexible Fulfilment (capital-light fee income)
PF/AFS >10% of third-party GMV at FY25 end, up from 5% at FY24 end
page 51£176 charge: Property-related initiatives (mostly non-cash impairment of tangible, intangible and right-of-use assets from mothballing the US fulfilment centre)
page 48FY26 priority is to focus on deepening relationships with customers and making ASOS not just a place to shop, but a true destination for inspiration and style.
page 11In November 2025 the Group agreed to refinance its term loan facilities, effective December 2025: the existing £150.0m term loan and associated revolving credit/accordion facilities with Bantry Bay will be terminated and replaced by a new syndicate-of-private-lenders facility comprising a £150.0m senior term loan and an £87.5m Delayed Draw Term Loan, maturing November 2030, adding £87.5m of liquidity headroom and reducing annual cash interest costs by c.£5m
page 169The Directors do not recommend the payment of a dividend for FY25 (2024: £nil). No dividend has been paid by ASOS Plc historically and there is no intention to pay a dividend at this stage, as all monies are being retained in the business for future investment.
page 111Financial statements prepared on a going-concern basis; three-year viability assessment period to 27 August 2028. Auditor PwC (Neil Grimes, senior statutory auditor) issued an unmodified (unqualified) opinion with no material uncertainty over going concern, identifying six key audit matters: capitalisation of internal staff costs, valuation of inventory, going concern assessment, classification of adjusting items, carrying value of assets (goodwill/intangibles/PP&E/ROU/intercompany receivables), and recoverability of deferred tax assets. Group materiality was £12.325m (0.5% of revenue).
page 118- A. Loss of personal data (increasing regulatory complexity, risk appetite trending up)p.58
- B. Disruptions of direct and core operations (cyber-attack, technology or fulfilment failure)p.59
- C. Not protecting stakeholder safety and wellbeing (own operations and supply chain human rights)p.59
- D. Failure to compete effectively at speed and loss of relevance and brand valuep.60
Read from C000107-AR-2025-nsm.
10 annual reports read, FY2016 to FY2025
Open a year to see what its report said. Every line in it carries the page it was read from.
Sources: Companies House (6), FCA NSM (4)
FY2026Next report expected 4 Nov 2026