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Posted: 2016-08-29 00:15:10

Temple&WebsterOnline furniture retailer Temple & Webster’s has booked a pro-forma annual loss of $44 million, compared to a pre-listed company loss of $6.5 million the previous year.

The group, which listed on the ASX in December, had sales revenue of $50.8 million in the year to June 30, up from $26.1 million, boosted by acquisitions of two other online furniture and homewares retailers.

Temple & Webster, which acquired Milan Direct and Wayfair Australia, the latter renamed Zizo Home, last year, will not pay a dividend.

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