MyOptique Group

The MyOptique Group is revolutionising the £20bn European optical industry by cutting out the high street middle man – and providing its customers a superior service and significant savings. The group is the clear European leader in the growing online optical segment with a full offering covering all three major segments in the eyewear market (prescription glasses with Glasses Direct and MyOptique, sunglasses with Sunglasses Shop and contact lenses with LensOn) and currently ships over 2,000 orders a day.
Type
Subsidiary
Parent Company
Essilor
HQ
Greater London, GB
MyOptique Group is headquartered in Greater London, GB

Key People at MyOptique Group

Kevin Cornils

Kevin Cornils

Chief Executive Officer
Mark Patterson

Mark Patterson

Chief Operating Officer
Sven Ripper

Sven Ripper

Chief Marketing Officer
Howard Bryant

Howard Bryant

Chief Financial Officer/Chief Technical Officer

MyOptique Group Office Locations

MyOptique Group has offices in Greater London, Swindon, Stockholm and Kiel
Greater London, GB (HQ)
40 Clifton St
Kiel, DE
17 Fraunhoferstraße
Stockholm, SE
32 Warfvinges Väg

MyOptique Group Data and Metrics

MyOptique Group Summary

In total, MyOptique Group had raised $102.2 m. MyOptique Group is a subsidiary of Essilor

MyOptique Group Financial Metrics

MyOptique Group's revenue was reported to be £51 m in FY, 2016 which is a 68% increase from the previous period.
Numbers are in £, GBPFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

16.2 m27.3 m30.3 m51 m

Revenue growth, %

69%11%68%

Cost of goods sold

9.1 m15.2 m17.2 m28.9 m

Gross profit

7.1 m12.1 m13.1 m22 m

Gross profit Margin, %

44%44%43%43%

Operating expense total

9.4 m13.7 m17.9 m35.6 m

Pre tax profit

(2.2 m)(7.3 m)(15 m)

Net Income

(2.2 m)(7.4 m)(14.7 m)
Numbers are in £, GBPFY, 2014FY, 2015FY, 2016

Cash

3.1 m6.3 m5.9 m

Accounts Receivable

1 m1.3 m3.5 m

Current Assets

8.5 m13.1 m17.4 m

PP&E

1.1 m1.9 m3.4 m

Goodwill

13.8 m6.7 m22.6 m

Total Assets

23.4 m21.6 m43.3 m

Accounts Payable

2.4 m4.3 m6.4 m

Current Liabilities

6.7 m7.4 m14.2 m

Retained Earnings

(2.2 m)(7.4 m)(14.7 m)

Total Equity

15.8 m12.2 m5.6 m

Financial Leverage

1.5 x1.8 x7.7 x
Numbers are in £, GBPFY, 2014FY, 2015FY, 2016

Cash From Operating Activities

(2 m)(1.4 m)(5.5 m)

Cash From Financing Activities

4.4 m7 m20.4 m

Income Taxes Paid

(28.5 k)(25.3 k)259.3 k

MyOptique Group News and Updates

MyOptique Group Company Life and Culture

You may also be interested in