Online market place Fruugo more than doubled its revenue in 2022, according to new figures.
The Cumbria-headquartered group has posted a revenue of £65m for the 12 months, a 110% increase compared to 2021's total.
It also revealed its total transaction value surged by 87% to £255m.
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The group, which has not yet revealed its pre-tax profits or losses for the year, said it expects its audited results to show it achieved a "record" total.
For 2021, it posted pre-tax losses of £197,973, down from £1m, and operating losses of £191,817.
The figures come after announced plans to float on the London Stock Exchange's secondary AIM market in October 2021.
However, the group stepped back from the move but signalled last year that it still intends to go public in the future.
Executive chairman Dominic Allonby said: "We are delighted to report another year of exceptional growth. Due to substantial and growing demand for Fruugo’s multi-award-winning services, coupled with our high-quality execution, we have more than doubled the size of our business in just one year.
"Fruugo’s mission is simple: to enable retailers anywhere to sell to shoppers everywhere, enabling retailers to access international demand for their products that they wouldn’t otherwise be able to find.
"Our proprietary technology and data science expertise, in combination with the huge range of product categories available through our platform, means that Fruugo is able to continually tap into worldwide consumer demand for sought after products and categories.
"The benefits of our very diverse, cross-border marketplace model have been particularly profound in recent times and are reflected in our outstanding growth rates.
"While many traditional and e-commerce retailers and brand owners have grappled with external supply chain headwinds and stock availability, Fruugo has been able to deliver record revenues, by enabling the retailers using our 'no-sale no-fee' platform to find new shoppers all over the world.
"Fruugo already powers the global trading of thousands of 'direct to consumer' businesses and has the capacity to serve many, many more.
"As we enter 2023, we remain focused on further enhancing our platform, including developing the tools retailers use to join Fruugo, and continuing to develop the user experience on our websites.
"These are very exciting times for Fruugo. The group’s audited financial results for FY22 are expected to confirm that FY22 set a new record for profits as well as the overall growth and scale of the business.
"Our high quality and experienced management team and board of directors are focused on building a large scale and world class global marketplace business.
"Fruugo is fast-growing, award winning, truly international, asset light and built for scale. We look forward to continuing our strong growth trajectory in 2023 and beyond."
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