The Hut Group
Financials
Estimates*
| GBP | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Revenues | 1.6b | 2.2b | 2.2b | 2.0b | 2.1b | 2.2b | 2.4b |
| % growth | 42 % | 35 % | 3 % | (9 %) | 2 % | 6 % | 8 % |
| EBITDA | (221m) | (35.9m) | (198m) | 42.4m | 149m | 171m | 201m |
| % EBITDA margin | (14 %) | (2 %) | (9 %) | 2 % | 7 % | 8 % | 8 % |
| Profit | (533m) | (138m) | (540m) | (248m) | (128m) | (98.4m) | (69.4m) |
| % profit margin | (33 %) | (6 %) | (24 %) | (12 %) | (6 %) | (4 %) | (3 %) |
| EV / revenue | 4.5x | 1.3x | 0.5x | 0.8x | 0.7x | 0.6x | 0.6x |
| EV / EBITDA | -32.9x | -76.7x | -5.5x | 39.4x | 9.2x | 8.0x | 6.7x |
Source: Dealroom estimates
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
| N/A | N/A | Series A | |
| N/A | N/A | Series B | |
£14.0m | Early VC | ||
£18.5m | Late VC | ||
£20.9m | Late VC | ||
£6.3m | Late VC | ||
£4.0m | Late VC | ||
N/A | - | ||
$31.8m | Growth Equity VC | ||
£100m Valuation: £500m | Growth Equity VC | ||
£345m | Debt | ||
£125m Valuation: £2.5b | Growth Equity VC | ||
* | £195m | Debt | |
$1.0b | Debt | ||
* | £66.0m Valuation: £2.5b | Late VC | |
| N/A | £920m Valuation: £4.5b 3.9x EV/LTM Revenues 54.1x EV/LTM EBITDA | IPO | |
$1.0b | Post IPO Equity | ||
* | N/A | £170m | Post IPO Debt |
| Total Funding | CAD682m | ||
Related Content
Recent News about The Hut Group
EditTHG is a global digital innovator that transforms how consumer brands connect with a worldwide audience. Operating in the beauty, health, wellness, and sports nutrition markets, THG serves a diverse range of clients including individual consumers and brand owners. The company leverages its proprietary platform, Ingenuity, to offer an integrated and seamless retail experience. THG's business model is built on ecommerce, enabling it to capitalize on the accelerating shift towards online shopping. Revenue is generated through direct-to-consumer sales of its own brands, such as Myprotein, and through partnerships with over 1,300 premium beauty brands. The company also benefits from in-house product development and manufacturing capabilities in the UK and USA. THG's market presence is strong in key territories like the UK, US, and Europe. The company's culture is driven by ambition, innovation, collaboration, and entrepreneurship, aiming to make a significant impact through digital transformation and sustainability initiatives.
Keywords: ecommerce, beauty, health, wellness, sports nutrition, digital transformation, proprietary technology, Myprotein, premium brands, UK, USA.
Tech stack
Investments by The Hut Group
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