£2 B

The Very Group Revenue FY, 2018
The Very Group Gross profit (FY, 2018)780.7 M
The Very Group Gross profit margin (FY, 2018), %39.9%
The Very Group Net income (FY, 2018)-9.2 M
The Very Group EBIT (FY, 2018)65 M
The Very Group Cash, 30-Jun-2018140.5 M

The Very Group Revenue

The Very Group revenue was £1.96 b in FY, 2018

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The Very Group Funding

Summary Metrics

Founding Date

2020

The Very Group Revenue Breakdown

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The Very Group revenue breakdown by business segment: 65.5% from Very and 34.5% from Littlewoods

The Very Group revenue breakdown by geographic segment: 96.8% from United Kingdom and 3.2% from Other

The Very Group Income Statement

Annual

GBPFY, 2010FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

1.6b1.7b1.7b1.7b1.8b1.9b1.9b2.0b

Revenue growth, %

4%

Cost of goods sold

995.3m1.1b1.1b1.1b1.1b1.1b1.1b1.2b

Gross profit

607.5m600.7m632.7m684.9m723.5m760.0m786.5m780.7m

Gross profit Margin, %

38%36%37%39%41%41%41%40%

Sales and marketing expense

218.3m218.6m

General and administrative expense

383.5m485.0m

Operating expense total

601.8m703.6m

Depreciation and amortization

39.2m2.4m2.9m

EBIT

(108.7m)(55.4m)(3.7m)51.8m136.3m159.8m84.2m65.0m

EBIT margin, %

(7%)(3%)0%3%8%9%4%3%

Interest expense

7.5m7.4m5.0m11.3m49.5m89.8m

Interest income

200.0k400.0k400.0k100.0k1.4m100.0k

Pre tax profit

(111.1m)(57.7m)6.6m40.4m88.2m105.6m24.9m(24.7m)

Income tax expense

700.0k2.1m1.1m27.9m(37.6m)15.5m(40.0m)(15.5m)

Net Income

(111.8m)(59.8m)5.5m12.5m125.8m90.1m64.9m(9.2m)

The Very Group Balance Sheet

Annual

GBPFY, 2010FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

42.7m15.0m12.5m56.6m15.2m35.8m116.9m140.5m

Accounts Receivable

257.6m25.3m27.1m27.5m1.3b2.3b2.1b1.5b

Inventories

122.5m107.4m101.1m100.3m98.8m101.0m114.3m101.9m

Current Assets

545.0m594.9m606.1m703.2m2.0b2.4b2.3b2.5b

PP&E

278.7m260.4m225.8m205.8m6.5m8.6m10.9m12.7m

Goodwill

252.5m252.5m

Total Assets

1.2b2.4b2.8b2.8b3.0b

Accounts Payable

161.2m192.5m203.0m213.6m265.2m500.7m516.4m413.8m

Short-term debt

100.1m90.8m61.5m66.4m107.9m

Current Liabilities

527.2m631.0m603.1m673.0m665.1m663.9m732.8m819.6m

Long-term debt

51.9m1.2b300.0m500.0m1.9b

Non-Current Liabilities

171.6m158.3m134.3m99.5m1.3b1.6b1.9b2.0b

Total Debt

152.0m1.2b361.5m566.4m2.0b

Total Liabilities

772.5m1.9b2.3b2.6b2.8b

Common Stock

57.4m264.4m100.0m100.0m100.0m100.0m

Retained Earnings

(32.0m)(347.1m)(176.0m)(164.0m)(135.7m)459.2m99.9m85.3m

Total Equity

538.7m433.8m439.3m452.0m464.3m559.2m199.9m185.3m

Debt to Equity Ratio

0.6 x2.8 x

Debt to Assets Ratio

0.1 x0.2 x

Financial Leverage

2.7 x5.2 x5.1 x14.1 x16.3 x

The Very Group Cash Flow

Annual

GBPFY, 2015FY, 2016FY, 2017FY, 2018

Net Income

90.1m64.9m

Depreciation and Amortization

27.2m31.2m

Accounts Receivable

(367.9m)(210.8m)

Accounts Payable

30.6m1.8m

Cash From Operating Activities

(29.1m)(231.1m)(107.6m)(65.5m)

Purchases of PP&E

(4.5m)(4.9m)

Cash From Investing Activities

(12.3m)(51.9m)(62.1m)(86.0m)

Cash From Financing Activities

(6.0m)332.5m245.9m138.7m

Net Change in Cash

(47.4m)49.5m76.2m(12.8m)

The Very Group Ratios

GBPFY, 2010

The Very Group Operating Metrics

FY, 2017

Brands

1.80 k

Online Sales (Mobile Devices)

6900%

Website Visits per Day

1.30 m

The Very Group Employee Rating

4.2114 votes
Culture & Values
3.8
Work/Life Balance
3.8
Senior Management
3.3
Salary & Benefits
4
Career Opportunities
3.4
Source