Very Revenue

Very revenue was £1.45 b in FY, 2018

Embed Graph

Summary - Funding Rounds

Founding Date

2009
Very is a subsidiary of Shop Direct Group

Very Income Statement

Annual

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

Revenue

1.3b1.3b1.3b1.3b1.3b1.4b1.4b1.5b

Cost of goods sold

713.3m761.9m785.2m819.8m851.4m894.1m945.0m970.4m

Gross profit

602.3m499.9m504.2m523.8m487.5m512.3m498.6m479.8m

Gross profit Margin, %

46%40%39%39%36%36%35%33%

Depreciation and amortization

29.3m1.7m1.6m1.9m2.5m

EBIT

76.2m131.4m109.3m75.3m

EBIT margin, %

6%9%8%5%

Interest expense

2.5m2.5m1.4m9.0m4.5m10.0m20.9m48.2m

Interest income

1.0m

Pre tax profit

(59.7m)(48.6m)7.5m32.2m71.7m121.4m88.4m27.1m

Income tax expense

771.0k26.8m(33.0m)13.0m(9.4m)(6.5m)

Net Income

(60.4m)(48.6m)7.5m5.4m104.7m108.4m97.8m33.6m

Very Balance Sheet

Annual

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

Cash

64.0k11.0k22.7m105.4m129.1m

Accounts Receivable

2.7m1.6m2.5m4.3m1.5m3.4m1.8m6.2m

Inventories

119.2m104.9m98.8m97.6m95.5m97.8m111.6m98.8m

Current Assets

335.1m398.1m477.7m541.7m632.2m946.9m1.2b672.6m

PP&E

81.8m91.9m86.0m83.6m5.4m7.7m10.6m11.7m

Total Assets

666.0m786.3m1.1b1.4b905.5m

Accounts Payable

156.7m185.3m195.2m208.2m259.4m269.7m319.0m347.3m

Short-term debt

166.9m158.8m74.5m76.8m21.5m

Current Liabilities

336.3m403.0m478.6m550.1m575.4m498.7m516.3m465.5m

Long-term debt

300.0k100.0k300.5m500.7m500.0k

Non-Current Liabilities

8.2m37.1m23.2m6.5m36.2m349.0m584.4m94.1m

Total Debt

167.2m158.9m375.0m577.5m22.0m

Total Liabilities

556.6m611.6m847.7m1.1b559.6m

Common Stock

526.0m646.0m100.0m100.0m100.0m100.0m100.0m100.0m

Retained Earnings

(394.1m)(546.0m)7.2m9.4m74.7m162.4m217.8m245.9m

Total Equity

131.9m100.0m107.2m109.4m174.7m262.4m317.8m345.9m

Financial Leverage

6.1 x4.5 x4.2 x4.5 x2.6 x

Very Ratios

GBPFY, 2010