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Time Out is the trusted global platform that inspires and enables people to experience the best of the city. Operating in 108 cities, across 39 countries, it has an average monthly global audience reach of over 137 million across all platforms. No one knows the city like Time Out because we’ve been discovering the brilliant and searching out the secret and extraordinary since 1968. If you want to know about food, attractions, art, culture, shopping and nightlife, then Time Out is your social companion. With a world-class digital platform and top-quality curated content, Time Out connects brands and local businesses to the city. Now Time Out Market is taking that to the next stage, bringing the best of the city together under one roof enabling people to discover, book, live and share their experiences. In the evolving digital world, our expertise and our growing community of Time Outers and Tastemakers put the very best of the city in the palm of your hand. We are global, and no one knows local better than we do.
TypePublic
Founded1968
HQLondon, GB
Websitetimeout.com
Employee Ratings3.1

Latest Updates

Employees (est.) (May 2021)602
Revenue (FY, 2018)£48.8 M(+10%)
Share Price (Jun 2021)£0.6
Cybersecurity ratingBMore

Key People/Management at Time Out Group

Julio Bruno

Julio Bruno

CEO
Ana Alcobia

Ana Alcobia

General Manager, Market Lisbon
Stacey Bettman

Stacey Bettman

President, Americas
Joao Cepeda

Joao Cepeda

President & Creative Director (and Founder)
Anne Crompton

Anne Crompton

General Counsel & Company Secretary
Lawrence Horne

Lawrence Horne

Managing Director EMEA
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Time Out Group Office Locations

Time Out Group has offices in London, Chicago, Los Angeles, New York and in 11 other locations
London, GB (HQ)
77 Wicklow St, Kings Cross
Glebe, AU
41 Bridge Rd
Melbourne, AU
Lonsdale St
Paris, FR
18 Rue de Londres
Lisboa, PT
Av. 24 de Julho 49
Lisboa, PT
Av. da Liberdade 10 4th floor
Show all (19)

Time Out Group Financials and Metrics

Time Out Group Revenue

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Time Out Group's revenue was reported to be £48.78 m in FY, 2018
GBP

Revenue (FY, 2018)

48.8m

Gross profit (FY, 2018)

32.0m

Gross profit margin (FY, 2018), %

65.7%

Net income (FY, 2018)

(15.5m)

EBITDA (FY, 2018)

(5.8m)

EBIT (FY, 2018)

(11.4m)

Market capitalization (4-Jun-2021)

207.5m

Closing stock price (4-Jun-2021)

0.6

Cash (31-Dec-2018)

24.3m

EV

184.2m
Time Out Group's current market capitalization is £207.5 m.
Annual
GBPFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

1.5m16.0m17.4m16.6m21.4m28.5m35.7m44.4m48.8m

Revenue growth, %

29%33%

Cost of goods sold

694.7k9.1m6.5m6.7m7.3m13.0m14.7m19.7m16.7m

Gross profit

841.5k7.0m10.9m9.9m14.1m15.5m21.0m24.7m32.0m
Half Year
GBPH1, 2016

Revenue

183.0m
GBPFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

2.4m1.9m1.0m510.7k1.8m4.3m50.1m29.8m24.3m

Accounts Receivable

2.3m3.5m2.7m3.3m4.6m4.9m7.0m9.9m10.6m

Inventories

1.4m667.6k374.7k253.0k332.1k184.0k241.0k276.0k376.0k

Current Assets

7.3m7.9m6.2m5.4m9.9m12.5m62.3m44.7m39.8m
GBPFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

(1.5m)(906.8k)(11.0m)(11.6m)(8.9m)(20.3m)18.6m(26.0m)(15.5m)

Cash From Operating Activities

(2.1m)(1.4m)(4.4m)(4.8m)(8.3m)(13.0m)(16.3m)(21.3m)(13.3m)

Cash From Financing Activities

9.9m4.2m5.8m6.2m11.3m19.0m64.1m5.3m16.9m

Net Change in Cash

2.4m(447.4k)(904.5k)(494.5k)681.5k2.5m45.4m(20.8m)(4.7m)
GBPFY, 2010

Financial Leverage

-13.4 x
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Time Out Group Operating Metrics

Time Out Group's Monthly Active Users was reported to be 137 m in H1, 2016.
H1, 2016

Monthly Active Users

137 m
Show all operating metrics

Time Out Group Acquisitions / Subsidiaries

Company NameDateDeal Size
YPlanOctober 21, 2016$1.96 m

Time Out Group Cybersecurity Score

Cybersecurity ratingPremium dataset

B

80/100

SecurityScorecard logo

Time Out Group Online and Social Media Presence

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Time Out Group News and Updates

Just Eat acquires major stake in hospitality platform with Time Out Group

Time Out Group plc has completed the sale of its stake in Flyt Limited to Just Eat plc, the global marketplace for online takeaway delivery. Time Out has received £9.6m proceeds for its entire stake, representing a £4.5m profit on disposal - or 88 per cent increase over the previously reported… Rea…

Time Out Group signs new lease for new Waterloo food and culture destination

Time Out Group plc, the global media and entertainment business, has signed a conditional lease agreement for a new Time Out Market in London. Planning has already been granted. Situated in the South Bank neighbourhood, Time Out Market London is set to become a major development in Waterloo. Time Ou…

Time Out Group Frequently Asked Questions

  • When was Time Out Group founded?

    Time Out Group was founded in 1968.

  • Who are Time Out Group key executives?

    Time Out Group's key executives are Julio Bruno, Ana Alcobia and Stacey Bettman.

  • How many employees does Time Out Group have?

    Time Out Group has 602 employees.

  • What is Time Out Group revenue?

    Latest Time Out Group annual revenue is £48.8 m.

  • What is Time Out Group revenue per employee?

    Latest Time Out Group revenue per employee is £81 k.

  • Who are Time Out Group competitors?

    Competitors of Time Out Group include Inc42, Visi Media Asia and Substack.

  • Where is Time Out Group headquarters?

    Time Out Group headquarters is located at 77 Wicklow St, Kings Cross, London.

  • Where are Time Out Group offices?

    Time Out Group has offices in London, Chicago, Los Angeles, New York and in 11 other locations.

  • How many offices does Time Out Group have?

    Time Out Group has 19 offices.