Online fashion retailer Boohoo has unveiled a bumper profits haul as sales continue to surge at the fast growing firm.
The firm saw revenue grow 48 per cent to £856.9 million in the year to February 28, and pre-tax profit jumped 38% to £59.9m.
Turnover was up 37% in the UK and 64% in international markets.
The figures showed that revenue at Booho's PrettyLittleThing sub-brand grew 107% to £374.4 million and Nasty Gal saw sales rise 96% to £47.9 million.
READ MORE: Eyes on Primark Christmas figures as Boohoo surges ahead
Boohoo added that trading in the first few weeks of the new financial year has been "encouraging".
It now has more than 11 million customer accounts across its brands worldwide.
John Lyttle, who took up the top job last month, said: "This has confirmed my belief and optimism that the group's investments into its brands and infrastructure have allowed it to develop a scalable multi-brand platform that is well-positioned to disrupt, gain market share and capitalise on what is a truly global opportunity."
READ MORE: Budget retailer Primark notches up surge in half-year profits
Mr Lyttle replaced joint chief executives Mahmud Kamani and Carol Kane in March, with the duo taking up the roles of executive chairman and executive director respectively.
Sophie Lund-Yates, equity analyst at Hargreaves Lansdown, said: "The pain facing retailers is rife, from traditional bricks and mortar brands, to the likes of online players. Once again Boohoo looks to be bucking the trend.
"The group's ability to keep taking market share from competitors comes from a successful blend of excellent social media engagement, scalable platform model and a strong track record when it comes to executing operational changes."
Boohoo shares were trading nearly 4% higher this morning at 224.6p.
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