LXR & Co
Financials
Estimates*
CAD | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|---|---|---|
Revenues | 39.0m | 40.1m | 13.8m | 18.0m | 20.0m | 25.6m | 48.5m |
% growth | 20 % | 3 % | (66 %) | 31 % | 11 % | 28 % | 90 % |
EBITDA | (17.7m) | (5.9m) | (4.3m) | (1.9m) | (2.0m) | - | - |
% EBITDA margin | (45 %) | (15 %) | (31 %) | (11 %) | (10 %) | - | - |
Profit | (22.2m) | (10.4m) | (7.7m) | (2.9m) | (1.6m) | - | - |
% profit margin | (57 %) | (26 %) | (56 %) | (16 %) | (8 %) | - | - |
Date | Investors | Amount | Round |
---|---|---|---|
N/A | N/A | IPO | |
$3.6m | Debt | ||
N/A | $7.5m | Private Placement VC | |
* | N/A | Post IPO Equity | |
* | N/A | $1.2m | Post IPO Debt |
* | N/A | Acquisition | |
Total Funding | €6.8m |
Recent News about LXR & Co
EditLXRandCo specializes in the sale of luxury vintage handbags and accessories from renowned brands such as Louis Vuitton, Chanel, and Hermes. The company operates in the high-end fashion market, targeting consumers who seek authentic designer items at discounted prices. LXRandCo sources pre-owned luxury goods, ensuring their authenticity and quality before offering them to customers at significant savings, often up to 70% off retail prices. The business model revolves around acquiring pre-loved luxury items, refurbishing them if necessary, and reselling them through its online platform and physical retail locations. Revenue is generated through direct sales of these high-demand items. The company's clientele includes fashion-conscious individuals who value both luxury and sustainability. By providing access to high-quality, authenticated vintage pieces, LXRandCo taps into the growing market for sustainable fashion and luxury resale.
Keywords: luxury, vintage, handbags, designer, pre-owned, discounted, authentic, sustainable, fashion, resale.