fotocommunity GmbH

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fotocommunity GmbH - overview

Established

2001

Location

Cologne, -, Germany

Primary Industry

Internet

About

fotocommunity GmbH is a prominent photography platform that connects a vibrant community of image enthusiasts, allowing them to share their work and engage in fruitful discussions. Founded in 2001 and headquartered in Cologne, Germany, fotocommunity GmbH serves as a digital hub for photographers to share their images. The company has undergone pivots in its service offerings, adapting to user needs and trends in the photography industry. Under its current structure, it has not been noted as a subsidiary of any parent company, nor does it have known subsidiaries.


The company has executed 2 total deals, with the most recent financing occurring on November 29, 2013. fotocommunity GmbH operates primarily as a photography platform that facilitates a vibrant community for image enthusiasts. Central to its offering is the fotocommunity website, which features over 20 million published images and caters to approximately 1. 7 million registered members across Europe.


The platform enables users to share their photography, engage in discussions, and receive constructive critiques from fellow enthusiasts, thus enriching the overall photographic experience. Additionally, fotocommunity provides online photography courses through its Fotoschule, various free tutorials, and professionally curated content in its magazine, which focuses on camera and lens reviews. The company’s services extend across multiple geographical markets, including Germany, France, Spain, Italy, and the United States, reflecting its commitment to serving an international audience of both amateur and professional photographers. In the most recent year of 2022, fotocommunity GmbH generated revenue of EUR 219,380,848.


30 and reported an EBITDA of EUR 48,800,835. 80. The company generates revenue primarily through subscription models offered to its members, with premium membership packages starting at EUR 4. 99 per month, providing access to enhanced features such as increased photo upload quotas and expanded storage options.


Transactions occur directly between the company and individual consumers, facilitating ease of access to premium functionalities and exclusive content. fotocommunity GmbH is strategically focused on enhancing its offerings and expanding its reach. The company is in the process of designing new online photography courses and plans to launch these by the end of 2024. Additionally, fotocommunity is targeting growth in new geographic markets, including the United Kingdom and the Netherlands, with aims for expansion by mid-2025.


The financing received in November 2013 is expected to support these initiatives, bolstering the company's capacity to enhance its platform and deliver innovative services to its user base.


Current Investors

WEKA Group GmbH

Primary Industry

Internet

Sub Industries

Social Networking & Communication Platform, Digital Media

Website

www.fotocommunity.net

Total Amount Raised

Subscriber access only

fotocommunity GmbH - financials

Fiscal Year EndedDec 31, 2012Dec 31, 2013Dec 31, 2014Dec 31, 2015Dec 31, 2016Dec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022
Revenue (USD)---232,370,077.7241,652,226.4240,613,177.6247,091,940.5----
% Revenue Growth (YoY)----4.0%(0.4%)2.7%----
EBITDA (USD)---27,914,537.934,537,416.735,314,333.537,175,390.3----
Operating Income (USD)---14,152,395.919,361,561.718,479,539.519,576,475.3----
Operating Margin---6.1%8.0%7.7%7.9%----
% EBITDA Margin---12.0%14.3%14.7%15.0%----
NET Income (USD)503,198.9--9,853,722.414,242,02713,115,427.713,398,859.9----
% Net Margin---4.2%5.9%5.5%5.4%----

fotocommunity GmbH - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
BuyoutCompletedfotocommunity GmbH-

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