DAVIDsTEA
Financials
Estimates*
CAD | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|---|---|---|
Revenues | 224m | 213m | 196m | 122m | 104m | - | - |
% growth | 4 % | (5 %) | (8 %) | (38 %) | (14 %) | - | - |
EBITDA | (16.6m) | (19.2m) | 11.5m | 13.7m | 4.7m | - | - |
% EBITDA margin | (7 %) | (9 %) | 6 % | 11 % | 5 % | - | - |
Profit | (28.5m) | (33.5m) | (31.2m) | (55.9m) | 78.1m | - | - |
% profit margin | (13 %) | (16 %) | (16 %) | (46 %) | 75 % | - | - |
EV / revenue | 0.3x | 0.1x | 0.5x | 1.1x | 0.9x | - | - |
EV / EBITDA | -3.6x | -0.7x | 7.9x | 9.7x | 18.9x | - | - |
Date | Investors | Amount | Round |
---|---|---|---|
CAD14.0m | Early VC | ||
N/A | N/A | IPO | |
* | CAD15.0m | Post IPO Debt | |
Total Funding | €9.3m |
Recent News about DAVIDsTEA
EditDAVIDsTEA is a specialty retailer offering a wide variety of premium loose leaf teas, innovative tea blends, and tea-related products. The company serves a diverse clientele ranging from tea enthusiasts to casual drinkers, operating primarily in the North American market. DAVIDsTEA's business model revolves around both physical retail locations and a robust e-commerce platform, allowing customers to purchase their products online. Revenue is generated through the sale of teas, tea accessories, and related merchandise. The company differentiates itself by focusing on high-quality ingredients, unique flavor combinations, and wellness-oriented products. Key offerings include traditional teas like green, black, and white, as well as herbal blends, matcha, and wellness teas aimed at specific health benefits. DAVIDsTEA also engages customers through educational content on tea preparation and recipes, enhancing the overall customer experience.
Keywords: loose leaf tea, innovative blends, wellness teas, e-commerce, retail, North America, tea accessories, premium ingredients, unique flavors, customer experience.