Despite revenue of £1 billion, Deviroo posted a loss of £19 million, Doordash took over fees
Deliveroo reported a loss of £19.2 million in the first half of 2025 despite revenue growth of 8%, as the weight of its results was linked to its £2.9 billion takeover, according to Deliveroo.
The loss marked a reversal of the £1.3 million profit recorded a year ago, the first ever profit for a London-listed food delivery company. Deliveroo said the downturn was driven by “higher exception items” associated with the acquisition, which was announced in May and is expected to be completed later this year.
In addition to one-time spending, Deliveroo reported tax-adjusted profit of £31.8 million for the six months ended June 30. The company highlights its operational risks, including cybersecurity threats, increased competition, changing market conditions and regulatory challenges.
After the Doordash transaction is completed, Deliveroo will stand out from the London Stock Exchange (another blow to the UK market) and operate under ownership of the San Francisco-based group, awaiting final regulatory approval.
CEO and founder Will Shu said the business continues to improve customer engagement, with “order frequency and retention” in all queues rising.
“Today, growth and profitability are accelerating,” Shu said. “I’m excited about the partnership with Doordash that can bring. They will be a great partner for everyone in the company and our consumers, businessmen partners and riders.”
Rumors about the acquisition have been circulating since April, and Driveoo’s share price has increased from 123.4 pence at the beginning of the month to 177.3 pence today, bringing the company’s market value to £2.65 billion.
