We Are Knitters
Financials
Estimates*
EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|
Revenues | 6.7m | 8.7m | 10.3m | 14.9m | 11.5m | 12.8m | 14.7m |
% growth | 297 % | 29 % | 18 % | 46 % | (23 %) | 11 % | 15 % |
EBITDA | <1m | <1m | <1m | 2.6m | <1m | - | - |
% EBITDA margin | 1 % | 5 % | 7 % | 17 % | 4 % | - | - |
Profit | <1m | <1m | <1m | 1.6m | <1m | - | - |
% profit margin | - | 1 % | 2 % | 11 % | - | - | - |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$150k | Seed | ||
€900k | Seed | ||
* | N/A | Angel | |
Total Funding | $1.1m |
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EditWe Are Knitters is a company that specializes in providing high-quality knitting kits and supplies for DIY enthusiasts. The company operates in the craft and hobby market, catering to individuals who enjoy knitting and crocheting. Their core product offerings include eco-friendly yarns, knitting needles, crochet hooks, and detailed patterns that guide users through various projects. The business model is primarily direct-to-consumer, with sales generated through their e-commerce platform. Revenue is earned by selling individual kits and supplies, as well as through subscriptions for regular deliveries of new patterns and materials. The company also engages its community through an active blog and social media presence, offering tips, tutorials, and inspiration for knitting projects.
Keywords: knitting kits, eco-friendly yarn, DIY, crochet, e-commerce, tutorials, patterns, direct-to-consumer, craft market, hobby.