Company Growth (employees)
Wonga was founded in 2007 and is headquartered in London, GB
Wonga Office Locations
Wonga has offices in London and Dublin
London, GB (HQ)
88 Crawford Street
Wonga Data and Metrics
Summary Metrics
Founding Date | 2007 |
Total Funding | $145.6 m |
Latest funding size | $117.3 m |
Time since last funding | over 6 years |
Investors | Dawn Capital, 83North, Meritech Capital Partners, Wellcome Trust, Localglobe, Accel Partners, Oak Investment Partners, Balderton Capital, HV Holtzbrinck Ventures |
Wonga's latest funding round in February 2011 was reported to be $117.3 m. In total, Wonga has raised $145.6 m
Wonga Financial Metrics
Wonga's revenue was reported to be £51.7 m in FY, 2015 which is a 70% decrease from the previous period.
£, GBP
Revenue (FY, 2015) | 51.7 m |
Revenue growth (FY, 2014 - FY, 2015), % | (70%) |
Gross profit (FY, 2015) | 2.9 m |
Gross profit margin (FY, 2015), % | 6% |
Net income (FY, 2015) | (76.5 m) |
Cash (31-Dec-2015) | 43 m |
| £, GBP | FY, 2013 | FY, 2014 | FY, 2015 |
|---|---|---|---|
Revenue | 290.2 m | 170.2 m | 51.7 m |
Revenue growth, % | (41%) | (70%) | |
Cost of goods sold | 277 m | 171.2 m | 48.8 m |
Gross profit | 13.2 m | (1 m) | 2.9 m |
Gross profit Margin, % | 5% | (1%) | 6% |
Operating expense total | 16.6 m | 13.6 m | 45.4 m |
Pre tax profit | 39.7 m | (38.1 m) | (80.2 m) |
Net Income | 30.6 m | (43.6 m) | (76.5 m) |
| £, GBP | FY, 2013 | FY, 2014 | FY, 2015 |
|---|---|---|---|
Cash | 109.2 m | 124.8 m | 43 m |
Accounts Receivable | 109.8 m | 43.4 m | 41.1 m |
Current Assets | 229.2 m | 187.3 m | 114.9 m |
PP&E | 12 m | 14 m | 11.4 m |
Goodwill | 28 m | 12.7 m | 10.9 m |
Total Assets | 269.1 m | 214 m | 137.3 m |
Accounts Payable | 19.7 m | 15.5 m | 30.3 m |
Current Liabilities | 62.9 m | 49 m | 51.6 m |
Retained Earnings | 30.6 m | (43.6 m) | (76.5 m) |
Total Equity | 204.2 m | 163.3 m | 84.1 m |
Financial Leverage | 1.3 x | 1.3 x | 1.6 x |
| £, GBP | FY, 2013 | FY, 2014 | FY, 2015 |
|---|---|---|---|
Cash From Operating Activities | 49.6 m | 41.4 m | (81.8 m) |
Cash From Financing Activities | (30.5 m) | (3.4 m) | (10 k) |
Income Taxes Paid | (9.1 m) | (5.5 m) | 3.7 m |
| £, GBP | Y, 2015 |
|---|---|
Revenue/Employee | 100.7 k |
Financial Leverage | 1.6 x |
