Home24

OverviewSuggest Edit

Home24 operates an online platform that enables consumers to find and purchase home furniture and decor. The Company's product range includes a variety of furniture items, lamps, home accessories, garden equipment and living accessories from a wide range of brands and private labels. 

TypePublic
Founded2009
HQBerlin, DE
Websitehome24.com

Latest Updates

Employees (est.) (Jun 2022)1,805(-8%)
Job Openings12
Revenue (FY, 2021)€615.5 M(+26%)
Share Price (Aug 2022)€2.9(-4%)
Cybersecurity ratingBMore
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Key People/Management at Home24

Philipp Kreibohm

Philipp Kreibohm

Founder & Managing Director

Home24 Office Locations

Home24 has an office in Berlin
Berlin, DE (HQ)
212 Greifswalder Str.
Show all (1)

Home24 Financials and Metrics

Home24 Revenue

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Home24's revenue was reported to be €615.5 m in FY, 2021
EUR

Revenue (Q1, 2022)

140.2m

Gross profit (Q1, 2022)

69.1m

Gross profit margin (Q1, 2022), %

49.3%

Net income (Q1, 2022)

(14.6m)

EBITDA (Q1, 2022)

(5.7m)

EBIT (Q1, 2022)

(13.8m)

Market capitalization (2-Aug-2022)

82.7m

Closing stock price (2-Aug-2022)

2.9

Cash (31-Mar-2022)

101.3m

EV

47.6m
Home24's current market capitalization is €82.7 m.
Annual
EURFY, 2018FY, 2019FY, 2020FY, 2021

Revenue

312.7m371.6m491.9m615.5m

Cost of goods sold

(158.3m)(175.7m)(264.4m)(321.6m)

Gross profit

155.6m198.9m228.2m297.1m

Gross profit Margin, %

50%54%46%48%
Quarterly
EURQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Revenue

93.2m178.0m262.5m102.6m119.1m117.8m159.0m(138.6m)463.7m140.2m

Cost of goods sold

(45.3m)(85.8m)(124.1m)(49.7m)(58.8m)(57.1m)(80.7m)72.9m(242.1m)(71.9m)

Gross profit

48.2m92.9m139.6m53.4m60.6m61.0m79.6m(66.7m)224.6m69.1m

Gross profit Margin, %

52%52%53%52%51%52%50%48%48%49%
Annual
EURFY, 2018FY, 2019FY, 2020FY, 2021

Cash

108.6m45.6m103.1m131.1m

Accounts Receivable

16.7m13.1m16.3m37.2m

Prepaid Expenses

2.4m2.0m1.8m1.2m

Inventories

32.6m38.7m43.2m65.2m
Quarterly
EURQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Cash

79.2m51.4m43.7m43.1m47.4m48.4m205.4m169.7m130.1m101.3m

Accounts Receivable

15.7m12.2m11.1m13.4m24.3m14.8m29.8m37.4m36.3m42.6m

Prepaid Expenses

1.8m1.8m1.9m1.4m1.8m2.1m2.2m3.3m3.7m4.2m

Inventories

35.5m36.7m39.9m33.7m29.8m36.2m49.6m59.2m63.0m68.8m
Annual
EURFY, 2018FY, 2019FY, 2020FY, 2021

Net Income

(73.1m)(68.4m)(16.4m)(35.2m)

Depreciation and Amortization

10.6m21.7m11.8m13.7m

Inventories

(5.9m)(5.8m)(5.5m)(21.7m)

Accounts Payable

13.1m5.0m19.6m
Quarterly
EURQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Net Income

(128.1m)(43.0m)(61.0m)(11.0m)(9.4m)(12.1m)(7.9m)(37.1m)(24.7m)(14.6m)

Depreciation and Amortization

31.8m10.6m16.1m3.0m5.9m8.9m3.1m16.1m9.8m4.1m

Inventories

(12.6m)(3.3m)(7.1m)3.4m6.3m(1.0m)(9.2m)(41.1m)(23.2m)(3.8m)

Accounts Payable

(4.7m)(6.0m)1.9m3.0m11.1m9.9m(13.2m)(10.2m)
EURFY, 2018

Revenue/Employee

242.3k

Debt/Equity

0.3 x

Debt/Assets

0.2 x

Financial Leverage

1.8 x
Show all financial metrics

Home24 Operating Metrics

Home24's Active Customers was reported to be 1.1 m in Q1, 2018. Home24's Orders was reported to be 459 k in Q1, 2018.

Home24 Revenue Breakdown

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Home24 revenue breakdown by business segment: 81.5% from EUROPE, 18.6% from LATAM and -0.0% from Other

Home24 revenue breakdown by geographic segment: 19.0% from BRAZIL, 11.0% from SCHWEIZ, 57.0% from DEUTSCHLAND and 13.0% from REST OF WORLD

Home24 Cybersecurity Score

Cybersecurity ratingPremium dataset

B

89/100

SecurityScorecard logo

Home24 Online and Social Media Presence

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Home24 News and Updates

Home24 expected to price IPO at 23 euros per share - bookrunner

FRANKFURT, June 12 (Reuters) - German online furniture retailer Home24 is expected to price its initial public offering (IPO) at 23 euros a share, giving it a market value of 625 million euros ($737 million) including an overallotment option, following its stock market flotation.

Online furniture retailer Home24 to float in early summer: Manager Magazin

German online furniture retailer Home24, in which Rocket Internet (RKET.DE) is a major investor, is preparing a stock market listing in early summer, Manager Magazin reported on Thursday, citing unidentified company insiders.

Rocket Internet’s Home24 reportedly planning an IPO this summer

German online furniture retailer Home24 is reportedly planning an initial public offering on the stock market for this summer. Manager Magazin reports that the Rocket Internet-backed company is in the midst of preparing a listing, according to sources within the company. We’ve reached out to Home24 …

German home renovation platform Doozer scores €3.5 million

Berlin-based startup Doozer has collected €3.5 million. The investment comes from Innogy Ventures, Christian Vollmann, and Home24 co-founder Felix Jahn. The post German home renovation platform Doozer scores €3.5 million appeared first on Tech.eu.

Home24 Frequently Asked Questions

  • When was Home24 founded?

    Home24 was founded in 2009.

  • Who are Home24 key executives?

    Home24's key executives are Philipp Kreibohm.

  • How many employees does Home24 have?

    Home24 has 1,805 employees.

  • What is Home24 revenue?

    Latest Home24 annual revenue is €615.5 m.

  • What is Home24 revenue per employee?

    Latest Home24 revenue per employee is €341 k.

  • Who are Home24 competitors?

    Competitors of Home24 include RH, Aijia Life and Ingvard Christensen.

  • Where is Home24 headquarters?

    Home24 headquarters is located at 212 Greifswalder Str., Berlin.

  • Where are Home24 offices?

    Home24 has an office in Berlin.

  • How many offices does Home24 have?

    Home24 has 1 office.