Redbubble
Financials
Estimates*
AUD | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|---|---|---|
Revenues | 657m | 573m | 555m | 423m | 437m | 480m | 524m |
% growth | 58 % | (13 %) | (3 %) | (24 %) | 3 % | 10 % | 9 % |
EBITDA | 52.4m | (11.6m) | (40.5m) | 3.5m | 8.6m | 13.6m | 18.4m |
% EBITDA margin | 8 % | (2 %) | (7 %) | 1 % | 2 % | 3 % | 4 % |
Profit | 31.2m | (24.6m) | (54.2m) | (8.8m) | (4.1m) | 1.0m | 4.6m |
% profit margin | 5 % | (4 %) | (10 %) | (2 %) | (1 %) | - | 1 % |
EV / revenue | 1.3x | 0.3x | 0.1x | 0.3x | 0.1x | 0.1x | 0.1x |
EV / EBITDA | 16.8x | -13.6x | -1.6x | 33.2x | 7.4x | 4.1x | 2.4x |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
* | N/A | Seed | |
* | $15.5m | Late VC | |
* | N/A | AUD40.0m Valuation: AUD288m | IPO |
* | AUD12.5m | Late VC | |
N/A | AUD40.0m | Post IPO Equity | |
Total Funding | €21.4m |
Recent News about Redbubble
EditRedbubble Group, founded in 2006, operates two leading global online marketplaces: Redbubble.com and TeePublic.com. These platforms are powered by a community of over one million independent artists who create unique designs. The company specializes in selling these designs on a variety of high-quality, everyday products such as apparel, stationery, housewares, bags, and wall art.
Redbubble serves a diverse clientele, including individuals looking for unique and personalized items, as well as those seeking specific gifts. The market it operates in is the online retail sector, with a focus on custom and artist-driven merchandise. This niche allows Redbubble to stand out by offering products that are not typically found in mainstream retail stores.
The business model of Redbubble is a marketplace model. This means that independent artists upload their designs to the platform, and Redbubble handles the production, shipping, and customer service. Artists earn a commission on each sale, which allows them to profit from their creativity without the need to manage the logistics of selling physical products.
Redbubble makes money by taking a percentage of each sale. This revenue-sharing model ensures that both the company and the artists benefit from each transaction. Additionally, Redbubble invests in marketing and promotional activities to drive traffic to its sites, thereby increasing sales and revenue.
In summary, Redbubble Group is a unique player in the online retail market, providing a platform for independent artists to monetize their creativity while offering consumers a wide range of distinctive products.
Keywords: Independent artists, online marketplace, custom merchandise, apparel, stationery, housewares, unique designs, revenue-sharing, personalized gifts, artist-driven.