Parcel2Go
Financials
Estimates*
| EUR | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Revenues | 52.7m | 67.5m | 80.6m | 96.5m | 108m | 173m | 128m |
| % growth | 8 % | 28 % | 19 % | 20 % | 12 % | 60 % | (26 %) |
| EBITDA | 2.2m | 2.9m | 4.2m | 3.8m | 9.9m | 3.1m | - |
| % EBITDA margin | 4 % | 4 % | 5 % | 4 % | 9 % | 2 % | - |
| Profit | 1.5m | 1.9m | 2.6m | 3.7m | 3.4m | 8.4m | 3.0m |
| % profit margin | 3 % | 3 % | 3 % | 4 % | 3 % | 5 % | 2 % |
| R&D budget | 10.0m | 10.0m | 10.0m | <1m | - | - | - |
| R&D % of revenue | 19 % | 15 % | 12 % | 1 % | - | - | - |
Source: Dealroom estimates
| Date | Investors | Amount | Round |
|---|---|---|---|
* | £1.0m | Seed | |
N/A | Acquisition | ||
N/A | Buyout | ||
| Total Funding | €1.2m | ||
Recent News about Parcel2Go
EditParcel2Go is a leading parcel delivery service provider in the UK, offering the cheapest delivery quotes by partnering with major couriers such as UPS, Hermes, and Parcelforce. The company serves both individual and business clients, providing a wide range of delivery options including same day, next day, and international shipping. Parcel2Go operates in the logistics and courier market, focusing on cost-effective and reliable parcel delivery solutions. The business model revolves around aggregating services from top couriers and offering them at competitive rates, thereby earning revenue through service fees and commissions. The company has built a strong reputation for efficient delivery services and offers a variety of collection and drop-off options to ensure maximum flexibility for its customers. Parcel2Go also provides premium services like express and special delivery to cater to urgent shipping needs.
Keywords: parcel delivery, UK, cheapest quotes, international shipping, same day service, next day delivery, courier partnerships, logistics, cost-effective, reliable.