OverviewSuggest Edit

The Hut Group (THG) is a digital commerce group active in the beauty and wellbeing market. It owns and operates websites that sell fast-moving consumer goods directly to consumers via a proprietary e-commerce platform. The company divides its operations into four divisions: THG Ingenuity, providing a direct-to-consumer e-commerce solution for consumer brand owners; THG OnDemand, an on-demand production facility which enables brands and influencers to launch a product line; THG Nutrition, a manufacturer and online D2C retailer of nutrition and wellbeing products; and THG Beauty, a digital-first brand owner, retailer, and manufacturer in the beauty market.

TypePublic
Founded2004
HQManchester , GB
Websitethg.com
Employee Ratings2.1

Latest Updates

Employees (est.) (Dec 2019)7,000(+53%)
Job Openings684
Revenue (FY, 2018)£915.8 M(+25%)
Share Price (May 2021)£6.2
Cybersecurity ratingCMore

Key People/Management at The Hut Group

Matthew Moulding

Matthew Moulding

Executive Chairman & Chief Executive Officer
Schalk Van Der Merwe

Schalk Van Der Merwe

CTO
John Gallemore

John Gallemore

Group CFO and CEO, THG Ingenuity
Iain Mcdonald

Iain Mcdonald

Non-Executive Director
Zillah Byng-Thorne

Zillah Byng-Thorne

Senior Independent Director
Dominic Murphy

Dominic Murphy

Non-Executive Director
Show more

The Hut Group Office Locations

The Hut Group has offices in Manchester , Farnham, Frome, Leeds and in 22 other locations
Manchester , GB (HQ)
Chicago Ave
Hong Kong, HK
Hong Kong
Dehli, IN
Dehli
Singapore, SG
Singapore
Lindon, UT, US
Lindon, UT, USA
New York, NY, US
New York, NY, USA
Show all (26)

The Hut Group Financials and Metrics

The Hut Group Revenue

Embed Graph
View revenue for all periods
The Hut Group's revenue was reported to be £915.76 m in FY, 2018
GBP

Revenue (FY, 2018)

915.8m

Gross profit (FY, 2018)

417.5m

Gross profit margin (FY, 2018), %

45.6%

Net income (FY, 2018)

804.0k

EBITDA (FY, 2018)

67.2m

EBIT (FY, 2018)

16.6m

Market capitalization (7-May-2021)

6.1b

Closing stock price (7-May-2021)

6.2

Cash (31-Dec-2018)

234.8m

EV

5.8b
The Hut Group's current market capitalization is £6.1 b.
GBPFY, 2009FY, 2010FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

52.3m84.1m184.3m248.0m333.5m501.4m735.7m915.8m

Revenue growth, %

35%35%50%47%

Cost of goods sold

41.1m69.6m121.1m158.1m207.2m290.1m417.2m498.3m

Gross profit

11.2m14.5m63.2m89.9m126.4m211.2m318.5m417.5m
GBPFY, 2009FY, 2010FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

2.2m8.6m24.0m54.6m141.5m174.3m186.7m234.8m

Accounts Receivable

2.5m2.8m1.7m1.7m2.2m3.6m13.2m36.2m

Prepaid Expenses

22.8m12.2m

Inventories

4.5m9.6m20.0m27.5m34.9m58.9m84.8m155.2m
GBPFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

5.6m4.4m13.5m10.8m(10.1m)804.0k

Depreciation and Amortization

19.8m38.8m

Inventories

(15.7m)(18.6m)

Accounts Payable

57.7m7.0m
Show all financial metrics

The Hut Group Operating Metrics

The Hut Group's Customers was reported to be 22 m in FY, 2017.
FY, 2017

Currencies

42

Customers

22 m

Languages

35

Websites Managed

166
Show all operating metrics

The Hut Group Acquisitions / Subsidiaries

Company NameDateDeal Size
Acheson & Acheson LtdSeptember 04, 2018
IllamasquaOctober 04, 2017$25 m
ry.com.auAugust 21, 2017
GLOSSYBOXAugust 14, 2017

The Hut Group Revenue Breakdown

Embed Graph

The Hut Group revenue breakdown by geographic segment: 40.6% from Rest of the World, 30.3% from UK and 29.1% from Europe

The Hut Group Cybersecurity Score

Cybersecurity ratingPremium dataset

C

76/100

SecurityScorecard logo

The Hut Group Online and Social Media Presence

Embed Graph

The Hut Group News and Updates

: Online demand for beauty products surges during the pandemic, as retailer The Hut Group hikes revenue outlook again

Shares in London-listed e-commerce retailer The Hut Group have risen almost 60% since its IPO in September.

The Hut Group (THG) Selects SoftIron's Ceph-based HyperDrive® for Eco-Friendly, Mission-critical Enterprise Storage

SoftIron's 'Task-specific' Storage Appliances Deliver Resilient, Scale-Out eCommerce Infrastructure While Helping Achieve on Carbon Neutral Objectives LONDON, Jan. 6, 2021 /PRNewswire/ -- SoftIron Ltd., the leader in purpose-built and performance-optimized data center solutions, today...

The Hut Group ramps up growth plans with £300m takeover spree

The Hut Group has forked out more than £300m to acquire three companies as the online fashion and beauty retailer The post The Hut Group ramps up growth plans with £300m takeover spree appeared first on CityAM.

Today in European Tech: The Hut Group (UK) goes public with a bang, VanMoof nabs $40M and other deals/stories that caught our eyes

Hello! ere is what happened today in European tech: Deals – IPO GO: Manchester-based online giant The Hut Group has begun trading on the London Stock Exchange after the e-commerce company raised £1.88 billion in a successful flotation. The float was the largest by a UK tech company since 2015, and s…

The Hut Group raises £1.88bn in biggest London listing since 2015

The Hut Group began trading on the London Stock Exchange this morning, raising £1.88bn in the largest UK initial public The post The Hut Group raises £1.88bn in biggest London stock market listing since 2015 appeared first on CityAM.

The Hut Group confirms £4.5bn stock market listing

The Hut Group has confirmed it is set to price its initial public offering at £5 per share, valuing the The post The Hut Group confirms £4.5bn stock market listing appeared first on CityAM.
Show more

The Hut Group Blogs

Acquisition of Brighter Foods Limited

£43.0m investment in best-in-class nutrition bar formulation and production capability FY 2022 impact for THG of c. £20.0m revenues and c. £6.5m adjusted EBITDA, post c. £3.0m of cost synergies THG PLC (“THG” or the “Group”), the proprietary technology platform specialising in taking brands direct t…

Preliminary FY20 results and first quarter trading statement

Full year 2020 £1.6bn of revenues (+42% YoY), £151m adjusted EBITDA (+35% YoY) after £2.6m of self-funded furlough costs Statutory operating profit before adjusted items of £46m, £(482m) operating loss driven by one-off, non-cash items, principally equity awarded to our people Strong Q1 2021 revenue…

Completion of acquisition

THG plc (“THG” or the “Group”), the global technology platform specialising in taking brands direct to consumers (“D2C”), announces that, further to the announcement made on 29 December 2020, it has completed the acquisition of Dermstore LLC (“Dermstore.com”) following satisfaction of the completion…

THG boosts sustainability credentials with new recycling scheme

THG plc (“THG” or the “Group”), the global technology platform specialising in taking brands direct to consumers, has today announced a new recycling scheme – recycle:me by THG (eco) – which will allow customers to send all used beauty products, regardless of the brand, back to THG to be recycled. R…

Fourth quarter trading statement

Q4 2020 revenue growth of +51% YoY outperforms previous guidance of +40% to +45% Group revenue growth accelerated in Q4 2020 vs Q3 2020, with an especially strong performance in THG Beauty and increasing momentum in Ingenuity Commerce contract wins FY 2021 revenue growth guidance raised to +30% to +…

Acquisition of Dermstore.com and major investment in THG Nutrition product development capability

350m acquisition of Dermstore LLC (“Dermstore.com”), the US number 1 pure-play online retailer of prestige skincare & specialty beauty brands, subject to regulatory approval in the United States Two acquisitions in the THG Nutrition supply chain, investing £59.5m across in-house brand building, …
Show more

The Hut Group Frequently Asked Questions

  • When was The Hut Group founded?

    The Hut Group was founded in 2004.

  • Who are The Hut Group key executives?

    The Hut Group's key executives are Matthew Moulding, Schalk Van Der Merwe and John Gallemore.

  • How many employees does The Hut Group have?

    The Hut Group has 7,000 employees.

  • What is The Hut Group revenue?

    Latest The Hut Group annual revenue is £915.8 m.

  • What is The Hut Group revenue per employee?

    Latest The Hut Group revenue per employee is £130.8 k.

  • Who are The Hut Group competitors?

    Competitors of The Hut Group include Home Bargains, ASOS and Feelunique.

  • Where is The Hut Group headquarters?

    The Hut Group headquarters is located at Chicago Ave, Manchester .

  • Where are The Hut Group offices?

    The Hut Group has offices in Manchester , Farnham, Frome, Leeds and in 22 other locations.

  • How many offices does The Hut Group have?

    The Hut Group has 26 offices.