Shutterstock has over 350 million photos and vectors at the beginning of 2021 – with approximately 10 million videos.
Great collection, but very expensive for the average creator. They have tried to focus on the top end of the business market.
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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.