DAVIDsTEA

DAVIDsTEA

Bringing the greatest loose-leaf teas and ingredients from around the world. Learn more

Launch date
Employees
Market cap
CAD4.6m
Enterprise valuation
(CAD694k) (Public information from Sep 2024)
Montreal Quebec (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
CAD2018201920202021202220232024
Revenues224m213m196m122m104m--
% growth4 %(5 %)(8 %)(38 %)(14 %)--
EBITDA(16.6m)(19.2m)11.5m13.7m4.7m--
% EBITDA margin(7 %)(9 %)6 %11 %5 %--
Profit(28.5m)(33.5m)(31.2m)(55.9m)78.1m--
% profit margin(13 %)(16 %)(16 %)(46 %)75 %--
EV / revenue0.3x0.1x0.5x1.1x0.9x--
EV / EBITDA-3.6x-0.7x7.9x9.7x18.9x--
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DateInvestorsAmountRound

CAD14.0m

Early VC
N/A

N/A

IPO
*

CAD15.0m

Post IPO Debt
Total FundingCAD14.0m

Recent News about DAVIDsTEA

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More about DAVIDsTEAinfo icon
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DAVIDsTEA is a specialty retailer offering a wide variety of premium loose leaf teas, innovative tea blends, and tea-related products. The company serves a diverse clientele ranging from tea enthusiasts to casual drinkers, operating primarily in the North American market. DAVIDsTEA's business model revolves around both physical retail locations and a robust e-commerce platform, allowing customers to purchase their products online. Revenue is generated through the sale of teas, tea accessories, and related merchandise. The company differentiates itself by focusing on high-quality ingredients, unique flavor combinations, and wellness-oriented products. Key offerings include traditional teas like green, black, and white, as well as herbal blends, matcha, and wellness teas aimed at specific health benefits. DAVIDsTEA also engages customers through educational content on tea preparation and recipes, enhancing the overall customer experience.

Keywords: loose leaf tea, innovative blends, wellness teas, e-commerce, retail, North America, tea accessories, premium ingredients, unique flavors, customer experience.

Tech stack

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