CVS Group
Financials
Estimates*
GBP | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
---|---|---|---|---|---|---|---|
Revenues | 428m | 510m | 554m | 608m | 664m | 711m | 749m |
% growth | 5 % | 19 % | 9 % | 10 % | 9 % | 7 % | 5 % |
EBITDA | 64.9m | 88.2m | 90.1m | 112m | 127m | 137m | 146m |
% EBITDA margin | 15 % | 17 % | 16 % | 18 % | 19 % | 19 % | 19 % |
Profit | 5.7m | 19.3m | 25.7m | 41.9m | 44.3m | 46.2m | 55.6m |
% profit margin | 1 % | 4 % | 5 % | 7 % | 7 % | 6 % | 7 % |
EV / revenue | 2.1x | 3.6x | 2.4x | 2.6x | 1.6x | 1.4x | 1.3x |
EV / EBITDA | 13.7x | 21.1x | 14.6x | 14.2x | 8.1x | 7.2x | 6.5x |
Date | Investors | Amount | Round |
---|---|---|---|
N/A | Growth Equity non VC | ||
N/A | N/A | IPO | |
N/A | £60.0m | Post IPO Equity | |
Total Funding | - |
Recent News about CVS Group
EditCVS Group plc is a major player in the veterinary services industry in the UK, with a significant presence in the Netherlands and the Republic of Ireland. The company operates over 500 veterinary surgeries, catering to small animals, large animals, and equines. This extensive network includes specialized referral practices for more complex cases. CVS Group serves a diverse client base, ranging from individual pet owners to large farms and equine enthusiasts.
The company operates in the veterinary healthcare market, which is a growing sector driven by increasing pet ownership and the rising demand for high-quality animal care. CVS Group's business model is built on four main pillars: veterinary practices, diagnostic laboratories, pet crematoria, and an e-commerce division.
Revenue is primarily generated through the provision of veterinary services at their numerous practices. These services include routine check-ups, surgeries, and specialized treatments. Additionally, CVS Group runs diagnostic laboratories that offer testing services not only to their own practices but also to third-party veterinary clinics. This adds a significant revenue stream from external clients.
The Healthy Pet Club is another innovative offering from CVS Group. It is a pet healthcare plan that provides preventative care at a cost-effective rate, ensuring steady, recurring income for the company while offering value to pet owners. Furthermore, the company operates pet crematoria, providing both veterinary practices and pet owners with respectful and professional pet cremation services.
CVS Group is also active in the e-commerce space, selling pet-related products online, which complements their core veterinary services and broadens their revenue base. The company is continuously looking to expand by integrating high-quality veterinary practices into its network, thereby increasing its market share and operational footprint.
Keywords: Veterinary Services, Diagnostic Laboratories, Pet Crematoria, E-commerce, Preventative Healthcare, Pet Owners, Equine Care, Small Animal Care, Large Animal Care, UK Market.