Jitona a.s.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Jitona a.s. - overview
Established
1951
Location
-, -, Czech Republic
Primary Industry
Consumer Products
About
Jitona a. s. operates in the high-quality furniture sector, focusing on the design and manufacture of wooden products that blend functionality with aesthetic appeal for both residential and commercial clients. Founded in 1951, Jitona a.
s. specializes in high-quality furniture, primarily focusing on wooden products. The company was acquired by Expandia in 1993, but specific details regarding changes in strategy or operations are not available. The headquarters is located in the Czech Republic.
Martin Kovar is the current CEO. Jitona a. s. specializes in the design and manufacture of high-quality furniture, emphasizing wooden products that offer both functionality and aesthetic appeal.
Their product range includes seating, tables, and storage solutions, crafted from natural materials for durability and sustainability. The company serves a diverse clientele, including homeowners, interior designers, and businesses, particularly in European markets such as Germany and Austria. In 2022, Jitona a. s.
reported revenue of USD 1. 54 mn and an EBITDA of USD 518,840. Revenue is generated through both direct sales to consumers and partnerships with retailers and wholesalers, with a focus on B2B relationships for commercial clients alongside direct-to-consumer sales. Jitona a.
s. plans to introduce a new line of ergonomic seating and designer tables by the end of 2023, targeting expansion into Scandinavian markets where demand for quality furniture is increasing. The company aims to leverage its recent acquisition by Expandia to enhance its distribution channels and product offerings. The latest funding will be utilized to support these product launches and market expansions.
Current Investors
Expandia
Primary Industry
Consumer Products
Sub Industries
Furniture
Website
www.jitona.cz
Verticals
Manufacturing
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Jitona a.s. - timeline of key events
Jitona a.s. - financials
| Fiscal Year Ended | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 982,385,000 | 963,722,000 | 689,722,000 | 712,945,000 | 834,756,000 | 892,077,000 | 808,069,000 | 632,078,000 | 493,786,000 | 60,516,000 | - | - | - |
| % Revenue Growth (YoY) | - | (1.9%) | (28.4%) | 3.4% | 17.1% | 6.9% | (9.4%) | (21.8%) | (21.9%) | (87.7%) | - | - | - |
| EBITDA (USD) | (14,772,000) | 39,175,000 | 12,664,000 | 2,451,000 | 28,846,000 | 40,548,000 | 25,796,000 | 14,228,000 | (45,340,000) | 575,000 | - | - | - |
| Operating Income (USD) | (44,655,000) | 6,730,000 | (12,677,000) | (23,619,000) | (1,421,000) | 8,924,000 | 1,038,000 | (5,306,000) | (64,330,000) | (12,682,000) | - | - | - |
| Operating Margin | (4.5%) | 0.7% | (1.8%) | (3.3%) | (0.2%) | 1.0% | 0.1% | (0.8%) | (13.0%) | (21.0%) | - | - | - |
| % EBITDA Margin | (1.5%) | 4.1% | 1.8% | 0.3% | 3.5% | 4.5% | 3.2% | 2.3% | (9.2%) | 1.0% | - | - | - |
| NET Income (USD) | (53,143,000) | 1,145,000 | (13,379,000) | (24,808,000) | (6,719,000) | 5,126,000 | (3,943,000) | (6,461,000) | (66,414,000) | (12,146,000) | - | - | - |
| % Net Margin | (5.4%) | 0.1% | (1.9%) | (3.5%) | (0.8%) | 0.6% | (0.5%) | (1.0%) | (13.4%) | (20.1%) | - | - | - |
Jitona a.s. - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Jitona a.s. | - |
Displaying 1 - 1 of 1
Jitona a.s. - employee data
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.