Axel Arigato AB
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Axel Arigato AB - overview
Established
2014
Location
Gothenburg, -, Sweden
Primary Industry
Consumer Products
About
Based in Sweden, Axel Arigato AB is a contemporary brand specializing in high-end footwear and fashion apparel, known for its innovative designs that merge modern trends with classic styles. Axel Arigato AB, founded in 2014 and headquartered in Gothenburg, Sweden, designs and retails luxury footwear and fashion. The company was co-founded by Max Svärdh. In November 2020, Eurazeo, alongside management, acquired a majority stake for EUR 56 mn from Vaultier7, marking a significant investment in the company's future.
AXEL ARIGATO specializes in high-end footwear and fashion apparel, primarily focusing on contemporary streetwear aesthetics. Their offerings include a diverse range of sneakers, boots, and casual wear crafted from premium materials for quality and durability, appealing to fashion-conscious young adults and millennials. The brand's distinctive footwear line features innovative designs that cater to customers seeking unique options for various occasions, and products are available in Europe, North America, and select Asian regions. In 2022, AXEL ARIGATO reported a revenue of EUR 77,029,083.
60 and an EBITDA of EUR 5,657,418. 30. The company generates revenue through direct-to-consumer sales via its online store and selective partnerships with upscale retailers, targeting the mid to high-end market segment. Following the recent investment of EUR 56 mn in November 2020, AXEL ARIGATO plans to expand its product line with new footwear designs and apparel collections, aiming for a launch in late 2023.
The company is also targeting growth in Asian markets, specifically Japan and South Korea, by 2024, utilizing the funding to enhance its market presence and operational capabilities.
Current Investors
Eurazeo, Vaultier7
Primary Industry
Consumer Products
Sub Industries
Clothing, Accessories, Footwear, Clothing Stores, Internet
Website
www.axelarigato.com/
Verticals
E-commerce, Manufacturing
Company Stage
Mature
Total Amount Raised
Subscriber access only
Axel Arigato AB - timeline of key events
Axel Arigato AB - financials
| Fiscal Year Ended | Jun 30, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | - | 25,537,394 | 39,527,132 | 59,929,721 | 107,415,178 | 177,376,280 | 292,816,548 | 495,602,623 | - | - | - |
| % Revenue Growth (YoY) | - | - | - | 51.6% | 79.2% | 65.1% | 65.1% | 69.3% | - | - | - |
| EBITDA (USD) | (169,280) | 995,843 | (2,638,456) | (2,823,891) | (9,212,224) | 144,893 | 20,172,700 | 53,917,606 | - | - | - |
| Operating Income (USD) | (169,280) | 891,960 | (2,820,712) | (3,048,367) | (9,777,394) | (570,362) | 19,096,142 | 52,634,753 | - | - | - |
| Operating Margin | - | 3.5% | (7.1%) | (5.1%) | (9.1%) | (0.3%) | 6.5% | 10.6% | - | - | - |
| % EBITDA Margin | - | 3.9% | (6.7%) | (4.7%) | (8.6%) | 0.1% | 6.9% | 10.9% | - | - | - |
| NET Income (USD) | (169,257) | 420,120 | (2,181,613) | (2,004,056) | (6,101,656) | (684,683) | 11,797,204 | 36,291,212 | - | - | - |
| % Net Margin | - | 1.6% | (5.5%) | (3.3%) | (5.7%) | (0.4%) | 4.0% | 7.3% | - | - | - |
Axel Arigato AB - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Completed | Axel Arigato AB | - |
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Axel Arigato AB - employee data
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