Hofmann

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Hofmann - overview

Established

1923

Location

-, -, Spain

Primary Industry

Consumer Products

About

Hofmann specializes in personalized photo products and services, catering to consumers who wish to preserve memories and create unique gifts through their varied offerings. Hofmann is a Spanish company that provides personalized photo products. Founded in 1923, it has successfully navigated shifts in consumer demand and technology. In November 2014, Hofmann was acquired by PhotoBox, expanding its market reach.


The company's headquarters is located in Spain, and it has completed three notable deals since its inception. Hofmann specializes in personalized photo products and services aimed at consumers looking to preserve memories and create unique gifts. Their core offerings include custom photo albums, personalized canvases, photo prints, custom mugs, photo blocks, personalized magnets, puzzles, customized cushions, personalized calendars, and greeting cards. The company’s user-friendly tools facilitate the creation of products that reflect personal styles and memories, serving a diverse customer base in Spain and other European markets.


In 2022, Hofmann reported a revenue of EUR 41,306,093. 1 and an EBITDA of EUR 6,538,551. 4, generated through direct-to-consumer sales of its personalized products, with pricing ranging from EUR 9. 99 for photo albums to EUR 37.


99 for custom puzzles. Hofmann aims to innovate by launching new products tailored to emerging consumer trends, with specific release dates yet to be announced. The company is also focused on expanding its reach beyond Spain into other European markets to attract a broader customer base. Following its acquisition by PhotoBox in 2014, the recent funding will be utilized to support these growth initiatives, enhancing product offerings and market penetration.


Current Investors

Photobox Limited

Primary Industry

Consumer Products

Sub Industries

Commercial Printing, Consumer Products, Digital Media

Website

www.hofmann.es

Company Stage

Add-on

Total Amount Raised

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Hofmann - timeline of key events

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Hofmann - financials

Fiscal Year EndedApr 30, 2015Apr 30, 2016Apr 30, 2017Apr 30, 2018Apr 30, 2019Apr 30, 2020Apr 30, 2021Apr 30, 2022
Revenue (USD)9,891,749.738,440,056.641,873,197.140,605,106.444,128,378.7---
% Revenue Growth (YoY)-288.6%8.9%(3.0%)8.7%---
EBITDA (USD)1,480,222.112,204,76214,254,80512,484,643.99,501,625.4---
Operating Income (USD)346,975.69,317,304.711,692,784.610,958,231.77,704,146.3---
Operating Margin3.5%24.2%27.9%27.0%17.5%---
% EBITDA Margin15.0%31.8%34.0%30.7%21.5%---
NET Income (USD)(2,593,827.5)1,595,627.510,488,258.98,939,869.95,803,095---
% Net Margin(26.2%)4.2%25.0%22.0%13.2%---

Hofmann - 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)
Trade SaleCompletedHofmann-
Add-onCompletedHofmann-
Add-onCompletedPosterjack-
BuyoutCompletedHofmann-

Displaying 1 - 4 of 4

Hofmann - employee data

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