Allbirds
Financials
Estimates*
USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
---|---|---|---|---|---|---|---|
Revenues | 219m | 277m | 298m | 254m | 195m | 198m | 209m |
% growth | 13 % | 27 % | 7 % | (15 %) | (23 %) | 2 % | 5 % |
EBITDA | (22.6m) | (34.7m) | (77.5m) | (60.9m) | (69.1m) | (55.7m) | - |
% EBITDA margin | (10 %) | (13 %) | (26 %) | (24 %) | (35 %) | (28 %) | - |
Profit | (25.9m) | (45.4m) | (101m) | (152m) | (95.2m) | (79.6m) | (44.2m) |
% profit margin | (12 %) | (16 %) | (34 %) | (60 %) | (49 %) | (40 %) | (21 %) |
EV / revenue | - | 8.0x | 0.7x | 1.3x | -0.0x | 0.1x | 0.2x |
EV / EBITDA | - | -63.8x | -2.5x | -5.2x | 0.1x | -0.3x | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Seed | ||
$2.7m | Series A | ||
$7.3m | Series A | ||
$17.5m | Series B | ||
* | $50.0m Valuation: $1.4b | Series C | |
N/A | Secondary | ||
$25.0m Valuation: $1.6b | Series D | ||
$100m Valuation: $1.6b 8.1x EV/LTM Revenues -211.4x EV/LTM EBITDA | Series E | ||
N/A | $300m Valuation: $4.1b 18.7x EV/LTM Revenues -181.5x EV/LTM EBITDA | IPO | |
Total Funding | AUD313m |
Recent News about Allbirds
EditAllbirds is a startup that specializes in creating sustainable and comfortable footwear. The company primarily serves environmentally conscious consumers who value both comfort and eco-friendliness in their shoes. Allbirds operates in the footwear market, targeting both men and women, and has expanded its product line to include socks, underwear, and accessories.
The business model of Allbirds revolves around direct-to-consumer sales through its website, allbirds.com, and select physical retail locations. This model allows the company to maintain control over its brand and customer experience while cutting out middlemen, which helps keep prices competitive. Allbirds makes money by selling its products directly to consumers, offering a range of items from everyday shoes to running shoes, all crafted from natural materials like wool and tree fibers.
Allbirds differentiates itself in the market by focusing on sustainability. The company measures the carbon footprint of its products and aims to reduce it continually. For example, the average sneaker emits 12.5 kg of CO2, while Allbirds' shoes emit only 7.6 kg. They are committed to further reducing this footprint, with a long-term goal of achieving zero carbon emissions.
In addition to its environmental focus, Allbirds emphasizes comfort. The company claims to offer the most comfortable shoes in the world, engineered with natural materials that provide a superior wearing experience. They also offer a 30-day trial period, allowing customers to return the shoes if they are not satisfied, no questions asked.
To summarize, Allbirds is a company that combines sustainability with comfort, targeting eco-conscious consumers through a direct-to-consumer business model. They make money by selling high-quality, environmentally friendly footwear and accessories, aiming to reduce their carbon footprint while providing exceptional comfort.
Keywords: sustainable footwear, eco-friendly, direct-to-consumer, natural materials, carbon footprint, comfort, wool shoes, tree fiber, environmentally conscious, Allbirds.