Let's Deal
Financials
Estimates*
EUR | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|---|---|---|
Revenues | 13.9m | 12.8m | 11.8m | 14.1m | 11.8m | 10.1m | 7.9m |
% growth | (1 %) | (8 %) | (8 %) | 19 % | (16 %) | (14 %) | (22 %) |
EBITDA | 2.3m | 1.8m | <1m | <1m | (<1m) | (1.7m) | <1m |
% EBITDA margin | 17 % | 14 % | 2 % | 4 % | (2 %) | (17 %) | 4 % |
Profit | 2.2m | 1.6m | (<1m) | (<1m) | (1.4m) | (2.0m) | (<1m) |
% profit margin | 16 % | 13 % | (1 %) | (2 %) | (12 %) | (19 %) | (2 %) |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
N/A | Seed | ||
N/A | - | ||
* | N/A | Acquisition | |
Total Funding | - |
Recent News about Let's Deal
EditLetsdeal.se is an e-commerce platform that specializes in offering heavily discounted deals on a wide range of products and services. The company primarily serves cost-conscious consumers looking for bargains on fashion, electronics, travel, and lifestyle products. Operating in the Swedish market, Letsdeal.se partners with various brands and service providers to offer limited-time discounts, often featuring savings of up to 86%. The business model revolves around bulk purchasing and flash sales, allowing the company to negotiate lower prices and pass the savings on to customers. Revenue is generated through a combination of direct sales and commissions from partner brands. The platform is designed to attract a diverse clientele, from fashion enthusiasts to tech-savvy shoppers and travel aficionados. By leveraging the power of group buying and time-limited offers, Letsdeal.se creates a sense of urgency and exclusivity, driving high-volume sales and customer engagement.
Keywords: e-commerce, discounts, fashion, electronics, travel, lifestyle, bulk purchasing, flash sales, savings, Sweden.