| Schedule of Operating Segments |
Assets and liabilities are neither reported nor reviewed by the CODM at the operating segment level.
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Three months ended March 31, 2026 |
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Americas |
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EMEA |
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APAC |
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|
Total Reportable Segments |
Revenue1 |
|
324,359 |
|
235,131 |
|
58,561 |
|
|
618,051 |
Cost of sales |
|
(158,842) |
|
(95,825) |
|
(30,105) |
|
|
(284,772) |
Reportable Segments Adjusted EBITDA |
|
100,275 |
|
92,465 |
|
17,453 |
|
|
210,193 |
Corporate/Other Adjusted EBITDA |
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|
|
|
|
|
|
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(11,860) |
Foreign exchange loss |
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|
|
|
|
|
|
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(6,953) |
Acquisition-related: |
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|
|
|
|
|
|
Distributor mark-up reversal2 |
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|
|
|
|
|
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(4,121) |
EBITDA |
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|
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|
|
|
|
187,259 |
Depreciation and amortization |
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|
|
|
|
|
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(31,809) |
Finance cost, net |
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|
|
|
|
|
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(33,805) |
Profit before tax |
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|
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|
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|
121,645 |
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|
|
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|
Three months ended March 31, 2025 |
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|
Americas |
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EMEA |
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APAC |
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Total Reportable Segments |
Revenue1 |
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312,524 |
|
212,845 |
|
47,820 |
|
|
573,189 |
Cost of sales |
|
(132,949) |
|
(89,450) |
|
(18,886) |
|
|
(241,285) |
Reportable Segments Adjusted EBITDA |
|
112,859 |
|
81,057 |
|
17,308 |
|
|
211,224 |
Corporate/Other Adjusted EBITDA |
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|
|
|
|
|
|
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(11,159) |
Foreign exchange gain |
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|
|
|
|
|
|
|
2,570 |
EBITDA |
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|
|
|
|
|
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|
202,635 |
Depreciation and amortization |
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|
|
|
|
|
|
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(27,312) |
Finance cost, net |
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|
|
|
|
|
|
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(25,612) |
Profit before tax |
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|
149,711 |
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|
|
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|
Six months ended March 31, 2026 |
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Americas |
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EMEA |
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APAC |
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Total Reportable Segments |
Revenue1 |
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546,133 |
|
354,349 |
|
118,879 |
|
|
1,019,361 |
Cost of sales |
|
(255,627) |
|
(146,545) |
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(60,542) |
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(462,714) |
Reportable Segments Adjusted EBITDA |
|
167,668 |
|
120,275 |
|
37,124 |
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|
325,067 |
Corporate/Other Adjusted EBITDA |
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|
|
|
|
|
|
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(20,337) |
Foreign exchange loss |
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|
|
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|
|
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(10,191) |
Acquisition-related: |
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Gain from bargain purchase |
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12,291 |
Distributor mark-up reversal2 |
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|
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(10,921) |
Transaction costs |
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(185) |
EBITDA |
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|
|
|
|
|
|
|
295,724 |
Depreciation and amortization |
|
|
|
|
|
|
|
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(61,967) |
Finance cost, net |
|
|
|
|
|
|
|
|
(42,954) |
Profit before tax |
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|
|
|
|
|
|
|
190,803 |
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|
|
|
|
|
|
|
|
|
|
Six months ended March 31, 2025 |
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Americas |
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EMEA |
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APAC |
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Total Reportable Segments |
Revenue1 |
|
523,224 |
|
315,604 |
|
94,923 |
|
|
933,751 |
Cost of sales |
|
(216,116) |
|
(129,441) |
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(39,178) |
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|
(384,735) |
Reportable Segments Adjusted EBITDA |
|
179,251 |
|
107,848 |
|
31,509 |
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|
318,608 |
Corporate/Other Adjusted EBITDA |
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|
|
|
|
|
|
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(16,450) |
Foreign exchange loss |
|
|
|
|
|
|
|
|
(9,301) |
EBITDA |
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|
|
|
|
|
|
292,857 |
Depreciation and amortization |
|
|
|
|
|
|
|
|
(53,504) |
Finance cost, net |
|
|
|
|
|
|
|
|
(50,390) |
Profit before tax |
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|
|
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|
|
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|
188,963 |
1The remainder of the Company's revenue relates to "Other", the Company's non-core activities. See Note 15 – Revenue from contracts with customers. 2Represents the distributor mark-up applied to inventories sold by the Company to Birkenstock Australia Pty. Ltd. prior to acquisition and the subsequent impact on Cost of sales as such inventory is sold by Birkenstock Australia Pty. Ltd. to third-party customers post-acquisition. See Note 6 – Business combination.
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