Australian sportswear etailer SurfStitch has recorded a 40% YTD revenue growth and is expected to hit a double digit surge by the end of FY2016.
The company has reaffirmed guidance of underlying earnings totalling $15-$18 million by the conclusion of the financial year.
SurfStitch has also flagged major growth figures across regions including 30%+ in Australia and New Zealand, 100%+ across the rest of Asia-Pacific, 30%+ in Europe and 50%+ in North America.
The company plans to fuel momentum through its global content strategy following its acquisition of digital surfing content hub Stab and digital surfing network Magicseaweed (MSW) earlier this year.
According to its annual report, SurfStitch has already recorded key findings from consumers directed to the site from Stab and MSW.
This includes a 10% conversion rate compared to 3% of other customers, an average order to value of $180 compared to $120 and an annual frequency of purchase 50% higher than general consumers.
SurfStitch joined the Australian share market at the end of 2014 following a split from Quicksilver and Billabong.