Platform Group AG
XETRA:TPG
Platform Group AG
fashionette AG engages in the operation of an online shopping platform for luxury, premium, and fashion items, as well as designer goods. The company is headquartered in Dusseldorf, Nordrhein-Westfalen and currently employs 262 full-time employees. The company went IPO on 2020-10-29. The firm is engaged in providing software solutions that can be used in almost all sectors and industries. Its industries include the machinery trade, dental technology, car platforms, luxury fashion and furniture. The products are purchased by Business to Business (B2B) and Business-to-consumer (B2C) customers. The firm offers full-service package consisting of software solutions, logistics, marketing, customer support, payment, and customer reach. The company operates 20 platforms in 18 different sectors.
fashionette AG engages in the operation of an online shopping platform for luxury, premium, and fashion items, as well as designer goods. The company is headquartered in Dusseldorf, Nordrhein-Westfalen and currently employs 262 full-time employees. The company went IPO on 2020-10-29. The firm is engaged in providing software solutions that can be used in almost all sectors and industries. Its industries include the machinery trade, dental technology, car platforms, luxury fashion and furniture. The products are purchased by Business to Business (B2B) and Business-to-consumer (B2C) customers. The firm offers full-service package consisting of software solutions, logistics, marketing, customer support, payment, and customer reach. The company operates 20 platforms in 18 different sectors.
Strong Growth: The Platform Group reported substantial growth in Q3 2025, with GMV up over 48% and net revenue rising more than 43%.
Profit Improvement: Net profit increased 64% to EUR 41.7 million, and EBITDA margin improved, with reported EBITDA at EUR 59.4 million.
Guidance Raised: 2025 guidance for revenue and EBITDA was raised twice this year; management now expects EUR 715–735 million in revenue and EUR 54–58 million EBITDA for 2025.
Segment Expansion: The new Optics & Hearing segment launched with strong margins (about 25–26%), and management expects EUR 55–60 million revenue from this segment next year.
Organic vs. M&A: Organic growth share increased to 64% this period, with strong partner and product additions fueling performance.
Cash Flow & Leverage: Strong operating cash flow was offset by heavy investment spending, increasing net debt to EUR 122 million and leverage to 2.23x.
AI & Efficiency: AI tools and centralized functions helped reduce marketing and distribution costs, boosting margins and profitability.
International Ambition: Management remains focused on expanding outside the DACH region, with early steps taken in the US and Asia.
