The Works
Discount retailer offering a wide range of arts, crafts, books, and stationery with exclusive online deals. Learn more
Financials
Estimates*
| GBP | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenues | 166m | 192m | 217m | 225m | 181m | 265m | 280m |
| % growth | 8 % | 15 % | 13 % | 3 % | (20 %) | 46 % | 6 % |
| EBITDA | 5.5m | 7.7m | 13.5m | 34.3m | 27.1m | 42.1m | 30.3m |
| % EBITDA margin | 3 % | 4 % | 6 % | 15 % | 15 % | 16 % | 11 % |
| Profit | 4.8m | 6.8m | 6.5m | (<1m) | (5.2m) | 11.4m | 6.8m |
| % profit margin | 3 % | 4 % | 3 % | - | (3 %) | 4 % | 2 % |
| Date | Investors | Amount | Round |
|---|---|---|---|
N/A | Growth Equity non VC | ||
| N/A | N/A | IPO | |
* | N/A | Growth Equity non VC | |
* | N/A | N/A | IPO |
| Total Funding | - | ||
Recent News about The Works
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EditThe Works is a discount retailer specializing in arts, crafts, books, and stationery. Catering to a broad customer base, including families, hobbyists, and students, it operates primarily in the UK market. The business model revolves around offering a diverse range of products at competitive prices, often through exclusive online deals and multibuy offers. Revenue is generated through both in-store and online sales, with additional income from promotions and bundled deals. The Works aims to provide value for money, making it a go-to destination for budget-conscious shoppers.
Keywords: discount retailer, arts, crafts, books, stationery, online deals, multibuy offers, UK market, budget-conscious, families, hobbyists.
Tech stack
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