Verywear SAS
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Verywear SAS - overview
Established
1882
Location
Wasquehal, -, France
Primary Industry
Consumer Products
About
Verywear SAS is a company specializing in innovative online gambling solutions, providing a diverse range of digital gaming services designed for both casual and serious players. Verywear SAS, founded in 1882 in Wasquehal, France, operates primarily in the online gambling sector, offering digital gaming services. The company has undergone various strategic shifts over its long history and has completed a total of 2 deals, with the most recent deal occurring on March 1, 2015. The company primarily operates in the online gambling sector, offering a comprehensive suite of digital gaming services.
Its core offerings include various online casino games such as slots, table games, and live dealer experiences, engineered with advanced technology to enhance user engagement. The platform caters to a wide audience, from casual players seeking entertainment to serious gamblers looking for competitive opportunities. The online casino services are marketed in regions including France, where legal frameworks support regulated online gambling. Through high-quality graphics and user-friendly interfaces, the company aims to meet the demand for safe gambling experiences.
In 2019, Verywear SAS generated revenue of USD 6. 81 mn and reported an EBITDA of USD 360,442. 9. Verywear SAS is focused on developing new gaming products to enhance its service offerings, although specific launch dates have not been disclosed.
The company aims to expand its reach into new markets, targeting additional European regions by 2025. Recent funding received in March 2015 was utilized to support these growth initiatives, although financial terms were not disclosed during Omnes Capital's exit.
Primary Industry
Consumer Products
Sub Industries
Clothing
Website
www.verywear.fr
Total Amount Raised
Subscriber access only
Verywear SAS - financials
| Fiscal Year Ended | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 |
|---|---|---|---|---|
| Revenue (USD) | 6,543,619 | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - |
| EBITDA (USD) | 422,186 | - | - | - |
| Operating Income (USD) | 77,397 | - | - | - |
| Operating Margin | 1.2% | - | - | - |
| % EBITDA Margin | 6.5% | - | - | - |
| NET Income (USD) | (1,246,016) | - | - | - |
| % Net Margin | (19.0%) | - | - | - |
Verywear SAS - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Unspecified Exit | Completed | Verywear SAS | - | ||||||||
| Buyout | Completed | Verywear SAS | - |
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Verywear SAS - employee data
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