Watchfinder
Financials
Estimates*
GBP | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|---|---|---|
Revenues | 60.8m | 86.7m | 108m | 114m | 123m | 100m | 128m |
% growth | 57 % | 43 % | 24 % | 6 % | 8 % | (19 %) | 28 % |
EBITDA | 3.5m | 5.8m | 7.5m | 6.5m | 7.0m | 4.3m | 3.2m |
% EBITDA margin | 6 % | 7 % | 7 % | 6 % | 6 % | 4 % | 3 % |
Profit | 2.5m | 4.2m | 5.6m | 5.0m | 4.7m | 2.5m | 1.5m |
% profit margin | 4 % | 5 % | 5 % | 4 % | 4 % | 2 % | 1 % |
Date | Investors | Amount | Round |
---|---|---|---|
$10.0m | Early VC | ||
N/A | Acquisition | ||
Total Funding | €9.1m |
Recent News about Watchfinder
EditWatchfinder & Co. is a leading retailer specializing in pre-owned luxury watches, catering to discerning clients who seek high-quality timepieces from top brands like Rolex, Tag Heuer, and Omega. Operating primarily in the United Kingdom, the company offers a comprehensive online shopping experience complemented by a network of nationwide boutiques. The business model revolves around buying, selling, and servicing pre-owned watches, ensuring each piece is meticulously inspected and certified by manufacturer-accredited technicians. Revenue is generated through the sale of these watches, as well as through financing options and extended warranties. The company also provides interest-free finance options and a 12-month warranty on all purchases, enhancing customer trust and satisfaction.
Keywords: pre-owned watches, luxury timepieces, Rolex, Tag Heuer, Omega, next-day delivery, 12-month warranty, interest-free finance, certified service, UK market.