LXR & Co

LXR & Co

Democratizing luxury by connecting aspirational consumers with quality, modern branded vintage pieces at affordable prices, and doing so by promoting the sustainable practice of giving renewed life to luxury handbags and accessories. Learn more

Launch date
Employees
Market cap
AUD518k
Enterprise valuation
AUD4m (Public information from Nov 2023)
Montreal Quebec (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
CAD2018201920202021202220232024
Revenues39.0m40.1m13.8m18.0m20.0m25.6m48.5m
% growth20 %3 %(66 %)31 %11 %28 %90 %
EBITDA(17.7m)(5.9m)(4.3m)(1.9m)(2.0m)--
% EBITDA margin(45 %)(15 %)(31 %)(11 %)(10 %)--
Profit(22.2m)(10.4m)(7.7m)(2.9m)(1.6m)--
% profit margin(57 %)(26 %)(56 %)(16 %)(8 %)--
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DateInvestorsAmountRound
N/A

N/A

IPO

$3.6m

Debt
N/A

$7.5m

Private Placement VC
*

N/A

Post IPO Equity
*
N/A

$1.2m

Post IPO Debt
*

N/A

Acquisition
Total FundingAUD11.6m

Recent News about LXR & Co

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More about LXR & Coinfo icon
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LXRandCo specializes in the sale of luxury vintage handbags and accessories from renowned brands such as Louis Vuitton, Chanel, and Hermes. The company operates in the high-end fashion market, targeting consumers who seek authentic designer items at discounted prices. LXRandCo sources pre-owned luxury goods, ensuring their authenticity and quality before offering them to customers at significant savings, often up to 70% off retail prices. The business model revolves around acquiring pre-loved luxury items, refurbishing them if necessary, and reselling them through its online platform and physical retail locations. Revenue is generated through direct sales of these high-demand items. The company's clientele includes fashion-conscious individuals who value both luxury and sustainability. By providing access to high-quality, authenticated vintage pieces, LXRandCo taps into the growing market for sustainable fashion and luxury resale.

Keywords: luxury, vintage, handbags, designer, pre-owned, discounted, authentic, sustainable, fashion, resale.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.