Categories
Business Tech

Deel Financials for 2021 – $50 million in ARR – 500+ Team Members

Alex Bouaziz the co-founder and CEO of Deel has just announced some of their recent numbers on Twitter.

In 2021 –

  • $4m to $50m in ARR
  • 50 Team Members to 500+ Team Members in 60 Countries
  • Raised over $600 million

That is one of the craziest years I have ever heard.

Categories
Business Tech

Inspirato By Numbers – Revenue, Members, Vacation Homes, Locations, Prices

Inspirato is a luxury vacation home rental startup that simply just lets you pay a subscription to access unlimited rentals for $2500/month or on-demand rates with a $600/month subscription.

Its 18,000 members can book 1,200 vacation homes in 395 locations.

My Thoughts:

Somehow Inspirato is going public at what looks like might be a $1 billion valuation. Based on the numbers there is potential the company has a $45 million revenue. We have to be in a bubble for anyone to consider this type of business thats growing at 30% year on a year – to be valued anywhere near $1 billion.

Categories
Business Stock Market Tech

Deliveroo Financials 2020 YOY

Deliveroo is planning to go public at a valuation of around $7 billion USD. Here is a quick breakdown of some of their numbers that have just been released.

  • Gross Transactional Volume (GTV)
    • 2020 – £4.1 billion
    • 2019 – £2.5 billion
  • Gross Profit
    • 2020 – £357.50 million
    • 2019 – £188.70 million
  • Operating Profit / Loss
    • 2020 – £-223.70 million
    • 2019 – £-317.30 million

These number make for hard reading, but it seems like there is a real path towards profitability – but it feels like it is going to really require mass scale of nearly £10 billion per year in GTV to get there.

However, Deliveroo have the ability to start new product lines and delivering in other areas as well as corporate contracts, plus geographic expansion.

Technology stocks are currently dropping fast – so it will be interesting to see if there is an appetite on the London Stock Market for a heavy losing technology company with growing scale.

Categories
Business Tech

Amuse.io Music – Release Financial Figures for 2019 – $9.5m Revenue – $10.9m Loss!

Amuse.io is a new music upstart that has been getting a lot of press of late. Amuse.io has just released their official 2019 financials and it’s very interesting reading.

Revenues = $9.5 million USD

Profit / Loss = $10.9 million USD Loss

Staff = 49 staff

Cash Liquidity = 208%

This basically means that Amuse will need to raise another round of Venture Capital within the remainder of 2020 or start of 2021 to be able to survive.

Source – https://www.merinfo.se/foretag/Amuseio-AB-5590367016/2kgcyso-1hslk