Market Position and Operations - Global Blue holds approximately 70% market share in the tax-free shopping segment, significantly larger than its next competitor[16]. - The company operates in over 50 countries, facilitating millions of transactions and providing VAT refunds to international shoppers[16]. Sales and Revenue Growth - Total Sales in Store (SiS) for the three months ended September 30, 2024, reached EUR 8.3 billion, a 13.7% increase from EUR 7.3 billion in the same period of 2023[22]. - Tax-Free Shopping (TFS) SiS increased by EUR 0.8 billion, or 15.2%, to EUR 6.1 billion for the three months ended September 30, 2024, compared to EUR 5.3 billion in 2023[23]. - Payments SiS rose by EUR 0.1 billion, or 9.0%, to EUR 1.7 billion for the three months ended September 30, 2024, from EUR 1.6 billion in 2023[24]. - Post-Purchase Solutions (PPS) SiS increased by EUR 0.1 billion, or 18.0%, to EUR 0.5 billion for the three months ended September 30, 2024, compared to EUR 0.4 billion in 2023[25]. - For the six months ended September 30, 2024, Total SiS was EUR 16.4 billion, up 21.5% from EUR 13.5 billion in the same period of 2023[22]. - Revenue increased by EUR 18.8 million, or 16.6%, to EUR 132.0 million for the three months ended September 30, 2024, compared to EUR 113.2 million for the same period in 2023[30]. - TFS revenue rose by EUR 15.7 million, or 18.2%, to EUR 101.9 million for the three months ended September 30, 2024, from EUR 86.2 million in the prior year[30]. - Payments revenue increased by EUR 3.2 million, or 15.6%, to EUR 23.4 million for the three months ended September 30, 2024, compared to EUR 20.2 million for the same period in 2023[30]. - For the six months ended September 30, 2024, total revenue reached EUR 249.7 million, a 20.2% increase from EUR 207.7 million in the same period of 2023[132]. Profitability and Financial Performance - Profit for the period increased to EUR 16.6 million for the three months ended September 30, 2024, compared to EUR 1.8 million in the same period last year[30]. - Operating profit rose by EUR 17.2 million, or 70.2%, to EUR 41.7 million for the three months ended September 30, 2024, from EUR 24.5 million in the previous year[30]. - Profit for the period increased by EUR 14.8 million, or 829.1%, to EUR 16.6 million for the three months ended September 30, 2024, compared to EUR 1.8 million for the same period in 2023[44]. - Adjusted EBITDA rose by EUR 11.6 million, or 24.5%, to EUR 58.7 million for the three months ended September 30, 2024, from EUR 47.2 million for the same period in 2023[46]. - Adjusted EBITDA for the six months ended September 30, 2024, increased by EUR 26.8 million, or 35.7%, to EUR 101.7 million from EUR 75.0 million for the same period in 2023[46]. - Operating profit for the six months ended September 30, 2024, was EUR 68.43 million, up 40.2% from EUR 48.86 million in the prior year[99]. - Profit before tax for the six months ended September 30, 2024, was EUR 66,276 thousand, compared to EUR 24,286 thousand in the same period of 2023, an increase of 173%[112]. Expenses and Costs - Operating expenses increased by EUR 1.6 million, or 1.8%, to EUR 90.3 million for the three months ended September 30, 2024, from EUR 88.7 million in the previous year[33]. - Adjusted operating expenses rose by EUR 7.2 million, or 10.9%, to EUR 73.2 million for the three months ended September 30, 2024, compared to EUR 66.0 million for the same period in 2023[37]. - Total operating expenses for the six months ended September 30, 2024, were EUR 181,288 thousand, up from EUR 158,797 thousand in the same period of 2023[135]. - Fixed costs for the six months ended September 30, 2024, amounted to EUR 94.8 million, an increase from EUR 84.5 million in the same period of 2023[134]. Cash Flow and Liquidity - For the six months ended September 30, 2024, net cash from operating activities was EUR 63.6 million, compared to EUR 27.0 million for the same period in 2023, reflecting significant operational inflows[59]. - Net cash used in investing activities was EUR 23.6 million for the six months ended September 30, 2024, primarily driven by an outflow of EUR 22.2 million for intangible assets[61]. - Net cash used in financing activities was EUR 33.4 million for the six months ended September 30, 2024, mainly related to interest paid of EUR 16.5 million[65]. - As of September 30, 2024, the Group had cash and cash equivalents of EUR 94.4 million, with additional available liquidity of EUR 101.0 million from a Revolving Credit Facility[58]. - The company believes its cash and cash equivalents, combined with additional available liquidity, are sufficient to meet liquidity needs for at least the next 12 months[58]. Debt and Financing - Global Blue drew down EUR 610.0 million from the Term Loan Facility to fully repay its senior secured term loan and revolver facilities[75]. - As of September 30, 2024, total interest-bearing loans and borrowings amounted to EUR 561.6 million, a decrease from EUR 588.9 million as of March 31, 2024[91]. - The interest rate margin for Facility B was reduced by 100 basis points to a maximum of 4.00% following a successful repricing in May 2024[80]. - The Facility B has a maturity date of December 5, 2030, while the Revolving Credit Facility matures on June 5, 2030[77]. - The Group entered into an Interest Rate Swap for EUR 305.0 million of Facility B, fixing the rate at 2.778% for two years starting January 5, 2024[84]. - The financial covenant associated with the senior term debt requires a Total Net Leverage lower than 8.00x[93]. Shareholder and Equity Information - Global Blue's Board of Directors authorized a share repurchase program of up to USD 10.0 million, with 126,610 shares repurchased for USD 0.6 million during the three months ended September 30, 2024[17]. - The Amended Repurchase Program increased to USD 15.0 million and extended for an additional 9 months until November 30, 2025[17]. - The company issued 1,101,176 series B preference shares during the six months ended September 30, 2024, compared to 847,059 in the same period of 2023[144]. - The closing balance of issued shares as of September 30, 2024, was 251,126,874, an increase from 240,087,730 as of September 30, 2023[144]. - The total number of ordinary shares as of September 30, 2024, was 10,446,467, with a total of 10,446,703 shares including preference shares A[146]. Employee and Operational Metrics - Employee benefit expenses increased from EUR 35,967 thousand in Q3 2023 to EUR 40,468 thousand in Q3 2024, reflecting a rise in the average number of employees from 1,907 to 2,038[137]. - Depreciation and amortization expenses rose to EUR 13,605 thousand in Q3 2024 from EUR 9,998 thousand in Q3 2023, primarily due to increased depreciation of right-of-use assets[137]. - The company maintained a similar level of material merchants and acquirers compared to March 31, 2024, indicating stability in its business operations[126]. Fair Value and Financial Instruments - The Group recognized a fair value loss of EUR 1.4 million associated with warrant liabilities during the six months ended September 30, 2024[167]. - The Group reported a fair value loss of EUR 5.0 million under other comprehensive income for the six months ended September 30, 2024, related to two equity investments[169]. - The fair value of financial instruments not traded in an active market is determined using valuation techniques that maximize observable market data[166].

Core Viewpoint - The market anticipates Global Blue Group Holding AG to report flat earnings of $0.08 per share for the quarter ended September 2024, with revenues expected to rise by 16.6% to $143.57 million compared to the previous year [1][3]. Earnings Expectations - The earnings report is scheduled for November 22, 2024, and could lead to stock price movements depending on whether the actual results exceed or fall short of expectations [2]. - The consensus EPS estimate has been revised down by 12.5% over the last 30 days, indicating a bearish sentiment among analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model shows a negative Earnings ESP of -62.50% for Global Blue Group, suggesting analysts have lowered their earnings expectations recently [10]. - The company currently holds a Zacks Rank of 3, which complicates predictions regarding an earnings beat [10]. Historical Performance - In the last reported quarter, Global Blue Group was expected to earn $0.06 per share but only achieved $0.03, resulting in a surprise of -50% [11]. - The company has not surpassed consensus EPS estimates in any of the last four quarters [12]. Conclusion - Global Blue Group does not appear to be a strong candidate for an earnings beat, and investors should consider additional factors when evaluating the stock ahead of the earnings release [15].

28 August 2024 Global Blue Financial Update Q1 FY24/25 Disclaimer Forward Looking Statements. This presentation (this "Presentation") contains certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding Global Blue Group Holding AG's ("Global Blue", "we" or "us") or its management's expectations, hopes, beliefs, intentions o ...

This quarterly report represents an earnings surprise of -75%. A quarter ago, it was expected that this company would post earnings of $0.07 per share when it actually produced earnings of $0.04, delivering a surprise of -42.86%. Over the last four quarters, the company has not been able to surpass consensus EPS estimates. Global Blue Group, which belongs to the Zacks Financial Transaction Services industry, posted revenues of $114.26 million for the quarter ended March 2024, surpassing the Zacks Consensus ...

slide1 1 GLOBAL BLUE REPORTS A STRONG OPERATIONAL PERFORMANCE WITH IMPROVED FINANCIAL POSITION AND STENGTHENED BALANCE SHEET • Strong YoY growth in Group Revenue of 36% to €422m, alongside a 91% increase in Adjusted EBITDA to €149m in line with short-term guidance • Improvement in Adjusted EBITDA margin of 10ppts to 35.2% and a 64% drop-through(1) • Strengthened balance sheet, with meaningful net leverage ratio(2) improvement to 3.4x in March 2024 (vs. 6.5x in March 2023) and extension of debt maturity to 2 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 for the fiscal year ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ...

SIGNY, Switzerland--(BUSINESS WIRE)--New data from Global Blue reveals that the global dynamic recovery for Tax Free Shopping remains strong across Continental Europe and Asia Pacific. Globally, issued Sales in Store like-for-like recovery reached 141%1 in February 2024 compared to the same period in 2019, vs. 135%1 in January ’24. A steady worldwide recovery, compared to 2019 levels In Continental Europe, the recovery strengthened, reaching 132%1 in February vs. 125%1 in January, fueled by a strong reco ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 or 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of February 2024 Commission file number: 001-39477 GLOBAL BLUE GROUP HOLDING AG (Translation of registrant's name into English) Zürichstrasse 38, 8306 Brüttisellen, Switzerland +41 22 363 77 40 (Address of principal executive office) Indicate by check mark whether the registrant files or will file annual re ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 or 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of November 2023 Commission file number: 001-39477 GLOBAL BLUE GROUP HOLDING AG (Translation of registrant's name into English) Zürichstrasse 38, 8306 Brüttisellen, Switzerland +41 22 363 77 40 (Address of principal executive office) Indicate by check mark whether the registrant files or will file annual re ...

Global Blue Group Holding AG (NYSE:GB) Q1 2024 Earnings Conference Call August 27, 2023 8:00 PM ET Company Participants Jacques Stern - President & CEO Roxane Dufour - CFO Conference Call Participants Jacques Stern Good morning. Good afternoon. I am Jacques Stern, the CEO of the Global Blue, and I will present to you the Q1 figures of ’23-‘24 with Roxane Dufour, the CFO of the Group. So let me first start by the key takeaway of this Q1 figures. So very pleased to report a very strong performance in Q1, both ...