Virgin.com Limited
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Virgin.com Limited - overview
Established
1970
Location
London, England, UK
Primary Industry
Business Support Services
About
Virgin. com Limited is a diversified global company, primarily engaged in travel, telecommunications, and financial services, with a strong presence in entertainment and innovative ventures such as space tourism. Virgin. com Limited operates as a subsidiary of the Virgin Group, which was founded in 1970 in London, UK.
The company has expanded its operations over the years, adapting its strategy to include various industries such as travel and telecommunications. The founder, Sir Richard Branson, is known for establishing multiple successful businesses under the Virgin brand, with a notable focus on customer-centric services. Andrew S serves as the current CEO, leading the company towards its strategic goals. Virgin Companies offers a diverse range of products and services spanning various industries, including travel, telecommunications, financial services, and entertainment.
The core offerings include Virgin Atlantic, a prominent airline providing international travel options; Virgin Media, which delivers high-speed internet and cable television services; and Virgin Money, which offers banking and financial products to consumers. Virgin Galactic stands out as the company's foray into space tourism, aiming to provide commercial spaceflight experiences. Virgin Hotels delivers unique hospitality experiences with an emphasis on customer-centric services. Collectively, these brands cater to a wide customer base, including leisure travelers, business professionals, and individuals seeking innovative financial solutions, predominantly in markets across the United Kingdom, the United States, and select regions in Europe and Asia.
Virgin Companies operates through multiple revenue streams, including direct-to-consumer sales, partnerships, and subscription services. Revenue is generated from ticket sales in the airline sector, monthly subscriptions through Virgin Media's broadband and TV packages, and various banking services offered by Virgin Money. For instance, customers may purchase flights through Virgin Atlantic, while simultaneously engaging with Virgin Media for their home entertainment and internet needs. Each of these services operates within a pricing structure designed to accommodate various consumer segments, ensuring accessibility and competitiveness in the market.
The integration of these services fosters cross-promotion and customer retention, allowing Virgin to maximize its revenue potential across its diverse portfolio. The company's revenue for the most recent year, 2023, amounts to USD 219. 20 mn, with an EBITDA of USD 46. 97 mn.
The strategic focus for Virgin. com Limited includes the development of new product offerings and the exploration of additional market opportunities. The company is planning to launch innovative services in the telecommunications sector while targeting expansion into new geographic regions, particularly in Asia and Europe, by the end of 2025. This approach aims to capture emerging market trends and consumer demands.
Recent funding rounds will bolster these initiatives, providing the necessary capital to support product development and market expansion strategies.
Primary Industry
Business Support Services
Sub Industries
Business Support Services
Website
www.virgin.com
Total Amount Raised
Subscriber access only
Virgin.com Limited - timeline of key events
Virgin.com Limited - financials
| Fiscal Year Ended | Mar 31, 2010 | Mar 31, 2011 | Mar 31, 2012 | Mar 31, 2013 | 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 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 3,175,600,000 | 3,568,000,000 | 3,831,000,000 | 4,050,000,000 | 3,548,000,000 | 4,276,000,000 | 1,449,000,000 | 1,553,000,000 | 1,668,000,000 | 1,676,000,000 | 411,000,000 | 355,000,000 | 116,000,000 | - | - | - |
| % Revenue Growth (YoY) | - | 12.4% | 7.4% | 5.7% | - | - | (66.1%) | 7.2% | 7.4% | 0.5% | (75.5%) | (13.6%) | (67.3%) | - | - | - |
| EBITDA (USD) | (600,000) | 53,000,000 | (165,000,000) | 199,000,000 | 155,000,000 | 333,000,000 | 242,000,000 | 122,000,000 | 126,000,000 | 53,000,000 | 50,000,000 | 11,000,000 | 13,000,000 | - | - | - |
| Operating Income (USD) | (110,600,000) | (49,000,000) | (259,000,000) | 117,000,000 | 81,000,000 | 236,000,000 | 170,000,000 | 115,000,000 | 117,000,000 | 43,000,000 | 37,000,000 | (9,000,000) | (9,000,000) | - | - | - |
| Operating Margin | (3.5%) | (1.4%) | (6.8%) | 2.9% | 2.3% | 5.5% | 11.7% | 7.4% | 7.0% | 2.6% | 9.0% | (2.5%) | (7.8%) | - | - | - |
| % EBITDA Margin | (0.0%) | 1.5% | (4.3%) | 4.9% | 4.4% | 7.8% | 16.7% | 7.9% | 7.6% | 3.2% | 12.2% | 3.1% | 11.2% | - | - | - |
| NET Income (USD) | 16,900,000 | (46,000,000) | (181,000,000) | 162,000,000 | 143,000,000 | 244,000,000 | 626,000,000 | 93,000,000 | 100,000,000 | 58,000,000 | 64,000,000 | (1,000,000) | (9,000,000) | - | - | - |
| % Net Margin | 0.5% | (1.3%) | (4.7%) | 4.0% | 4.0% | 5.7% | 43.2% | 6.0% | 6.0% | 3.5% | 15.6% | (0.3%) | (7.8%) | - | - | - |
Virgin.com Limited - 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 | HCRG Care Limited | - | ||||||||
| Trade Sale | Completed | Florida East Coast Industries, LLC | - | ||||||||
| Secondary Buyout | Completed | Virgin Pulse, Inc. | - | ||||||||
| Trade Sale | Completed | BMR Energy | - | ||||||||
| Trade Sale | Completed | Malvern Wind Park | - |
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Virgin.com Limited - employee data
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