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Online beauty products retailer THG, known as The Hut Group, said its annual revenue had risen 35%, though it forecast lower growth in the current year.
Revenue for the year through December jumped to £2.18 billion, up from £1.61 billion year-on-year, or by 38% on a constant currency basis.
Looking forward, THG said it expected revenue growth to slow to between 22% and 25% on a constant currency basis.
Its adjusted earnings before interest, tax, depreciation and amortisation (EBTIDA) margin was expected to be in the range of 7.4% to 7.7%, compared to market expectations of around 7.9%.
The company said the miss took into account around 90 basis points of adverse foreign currency movements.
THG said it expected earnings margins to improve throughout as it sees benefits of investments in automation offsetting inflationary pressures.
'The phasing is expected to be weighted to the second half of the year, given movements in raw material prices, transport costs and currencies,' it said.
Chief executive Matthew Moulding said: 'Despite challenging conditions, we have scaled revenue and expanded our business model, particularly THG Ingenuity, well ahead of expectations given at our IPO 16 months ago.'