COVID-19: Moonpig doubles annual revenue and profits thanks to lockdowns

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The company celebrates a record set of annual figures but says it is starting to see a return to pre-pandemic levels of activity as coronavirus restrictions on consumers ease in its key markets.

Moonpig, the online greeting card and gift retailer, has reported a doubling of annual revenue and profits as lockdown restrictions on shoppers boosted demand., the company benefited from almost 51 million transactions as customers flocked to mark loved-one's birthdays and other special milestones.in February - reflected investment in online services including its app.It reported revenue of £368.

"The long-term growth opportunity remains vast, with the majority of the card and gifting market still offline, and we have never been in a better position to capture this growth."

 

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