Direct Ferries
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Direct Ferries - overview
Established
1999
Location
Suffolk, -, UK
Primary Industry
Internet
About
Founded in 1999 and headquartered in London, UK, Direct Ferries operates as a comprehensive platform for ferry ticket bookings. The company has undergone no significant pivots in its business strategy and does not have any known subsidiaries. Niall Walsh serves as the CEO of the company. Direct Ferries has completed 2 deals, with the most recent deal occurring on June 12, 2023.
Direct Ferries Limited operates as a comprehensive online platform for ferry ticket booking, enabling users to compare fares, schedules, and routes across a wide array of ferry operators. The core services include the ability to book ferry crossings, manage travel itineraries through an app, and access real-time updates and live ship tracking. The platform caters to individual travelers, families, and commercial clients looking to transport vehicles and freight across various maritime routes. The company serves a diverse geographical market, offering services to travelers sailing between the United Kingdom, France, Ireland, and several other European destinations.
By facilitating access to over a thousand ferry crossings worldwide, Direct Ferries addresses the needs of vacationers, business travelers, and freight shippers seeking reliable transport solutions. The company generates revenue through transaction-based sales of ferry tickets, where customers can book directly via the website or mobile application. Direct Ferries operates on a commission model, earning fees from ferry operators for each ticket sold through its platform, emphasizing direct-to-consumer sales.
Current Investors
Livingbridge, Beauport Partners
Primary Industry
Internet
Sub Industries
Travel & Tourism, Search Engines
Website
www.directferries.co.uk
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Direct Ferries - timeline of key events
Direct Ferries - financials
| Fiscal Year Ended | Dec 31, 2012 | Dec 31, 2013 | Dec 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) | 8,457,608 | 9,121,760 | 11,624,898 | 13,347,573 | 18,365,458 | 24,775,152 | 34,227,602 | 35,597,247 | 10,101,199 | 16,064,021 | - | - | - |
| % Revenue Growth (YoY) | - | 7.9% | 27.4% | 14.8% | 37.6% | 34.9% | 38.2% | 4.0% | (71.6%) | 59.0% | - | - | - |
| EBITDA (USD) | 1,829,758 | 2,222,239 | 3,451,211 | 5,808,194 | 7,343,624 | 8,431,829 | 9,299,931 | 8,890,419 | (4,001,443) | 1,831,849 | - | - | - |
| Operating Income (USD) | 1,758,074 | 2,147,030 | 3,345,987 | 5,711,238 | 7,231,835 | 8,226,035 | 8,692,017 | 7,416,174 | (6,219,302) | (337,949) | - | - | - |
| Operating Margin | 20.8% | 23.5% | 28.8% | 42.8% | 39.4% | 33.2% | 25.4% | 20.8% | (61.6%) | (2.1%) | - | - | - |
| % EBITDA Margin | 21.6% | 24.4% | 29.7% | 43.5% | 40.0% | 34.0% | 27.2% | 25.0% | (39.6%) | 11.4% | - | - | - |
| NET Income (USD) | 1,286,133 | 1,659,807 | 2,787,222 | 5,950,145 | 6,466,906 | 7,200,226 | 7,324,785 | 6,410,201 | (5,009,368) | (199,680) | - | - | - |
| % Net Margin | 15.2% | 18.2% | 24.0% | 44.6% | 35.2% | 29.1% | 21.4% | 18.0% | (49.6%) | (1.2%) | - | - | - |
Direct Ferries - 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 | Direct Ferries | - | ||||||||
| Buyout | Completed | Direct Ferries | - |
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Direct Ferries - employee data
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