Time Out London
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Time Out London - overview
Established
1968
Location
London, England, UK
Primary Industry
Media
About
Based in the UK, Time Out London is a global media entity that provides curated content related to city life, focusing on entertainment, dining, travel, and cultural activities. Time Out London is a media company that offers city guides and events information. Founded in 1968 and headquartered in London, UK, it transitioned to a public listing on the AIM in June 2016, raising GBP 90 million. The company has completed 2 deals in total.
The current CEOs are Chris Öhlund and Stacy Bettman. Time Out operates as a global media and events company, offering a comprehensive online platform and subscription-based newsletters that assist users in discovering urban activities. It serves various geographical markets, including North America, Europe, Asia, and Australia, targeting both locals and tourists with recommendations for dining, events, nightlife, and cultural attractions. In the most recent year, Time Out reported revenue of GBP 129,870,408.
30 with an EBITDA of GBP -7,557. Following its IPO in June 2016, Time Out plans to utilize the raised GBP 90 million to enhance its product offerings and expand into new markets. Specific geographic regions targeted for future growth include Asia and North America, with initiatives set to roll out in the next two years.
Current Investors
Oakley Capital
Primary Industry
Media
Sub Industries
eMarketing/Digital Marketing, Social Networking & Communication Platform, Search Engines, Digital Media
Website
www.timeout.com
Company Stage
Mature
Total Amount Raised
Subscriber access only
Time Out London - timeline of key events
Time Out London - financials
| Fiscal Year Ended | Dec 31, 2010 | 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 | Jun 30, 2021 | Jun 30, 2022 | Jun 30, 2023 | Jun 30, 2024 | Jun 30, 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 1,536,157 | 16,038,312 | 17,390,497 | 16,599,935 | 21,402,367 | 28,501,785 | 35,736,000 | 44,364,000 | 48,778,000 | 77,140,000 | - | 44,897,000 | 72,933,000 | - | - | - |
| % Revenue Growth (YoY) | - | 944.1% | 8.4% | (4.5%) | 28.9% | 33.2% | 25.4% | 24.1% | 9.9% | 58.1% | - | - | - | - | - | - |
| EBITDA (USD) | (961,290) | (2,604,950) | (5,750,269) | (6,396,606) | (3,577,224) | (15,386,874) | (13,997,000) | (19,094,000) | (5,773,000) | (2,068,000) | - | (39,433,000) | (2,961,000) | - | - | - |
| Operating Income (USD) | (1,069,589) | (3,872,415) | (7,694,054) | (8,701,538) | (6,428,385) | (18,452,397) | (17,853,000) | (24,638,000) | (11,434,000) | (13,359,000) | - | (60,547,000) | (14,141,000) | - | - | - |
| Operating Margin | (69.6%) | (24.1%) | (44.2%) | (52.4%) | (30.0%) | (64.7%) | (50.0%) | (55.5%) | (23.4%) | (17.3%) | - | (134.9%) | (19.4%) | - | - | - |
| % EBITDA Margin | (62.6%) | (16.2%) | (33.1%) | (38.5%) | (16.7%) | (54.0%) | (39.2%) | (43.0%) | (11.8%) | (2.7%) | - | (87.8%) | (4.1%) | - | - | - |
| NET Income (USD) | (1,501,677) | (906,806) | (11,038,482) | (11,647,902) | (10,003,893) | (20,267,801) | (18,640,000) | (26,020,000) | (15,489,000) | (20,908,000) | - | (70,549,000) | (19,559,000) | - | - | - |
| % Net Margin | (97.8%) | (5.7%) | (63.5%) | (70.2%) | (46.7%) | (71.1%) | (52.2%) | (58.7%) | (31.8%) | (27.1%) | - | (157.1%) | (26.8%) | - | - | - |
Time Out London - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| IPO | Completed | Time Out London | - | ||||||||
| Add-on, Trade Sale | Completed | HallStreet | - | ||||||||
| Add-on | Completed | Time Out Chicago | - | ||||||||
| Add-on | Completed | Whatsonstage.com | - | ||||||||
| Trade Sale | Completed | Kelkoo | - |
Displaying 1 - 5 of 7
Time Out London - employee data
Time Out London - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Chairman of the Board - NED | BM | ||||||
| President & CEO, Board Director | BM |
BM Board Member
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