Cinch
Online platform that provides a simplified way to buy used cars, offering a wide range of vehicles, finance options, and home delivery or collection services.
Financials
Estimates*
| USD | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|
| Revenues | <1m | <1m | 78.7m | 1.1b |
| % growth | - | (86 %) | 62022 % | 1268 % |
| EBITDA | (<1m) | (18.7m) | (24.8m) | (176m) |
| % EBITDA margin | (9 %) | (14758 %) | (31 %) | (16 %) |
| Profit | (<1m) | (20.0m) | (22.3m) | (167m) |
| % profit margin | (9 %) | (15772 %) | (28 %) | (16 %) |
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
* | N/A | Corporate spinout | |
* | £50.0m | Debt | |
| Total Funding | - | ||
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