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Thrasio
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OVERVIEW

Thrasio acquires, upgrades and scales small cash-generating retail Amazon-based businesses ($1m-$30m annual revenue). Ultra-fast growth is driven by immediate 2x-3x re-valuation of acquired businesses and by its further professional scaling. Fast purchase is hugely supported by institutional capital.

Company Overview

Company Overview

 

Thrasio:

  • 8x historical average annual revenue growth in 2018-2020
  • 2-3x projected annual revenue growth 20% net profit margin, profitable since inception
  • 200+ portfolio brands
  • 50 000+ third-party fulfilment-by-Amazon sellers (>$1 m annual revenue), >55% third-party sellers of all Amazon sales, constantly growing
  • $3.4 b funding: BlackRock, Barclays, Goldman Sachs, JP Morgan Chase, Monroe Capital. Lead investor: Advent International (59 IPOs made) participated in last 3 rounds
  • Expanding in 2021 to Europe, China, India and Japan, planning to move outside the Amazon ecosystem
  • Exceptional team: Founders sold & made public over 10 companies. Operations team has extensive M&A experience

Acquired Brands

+ 200 Acquired Brands

 

Acquired Brands

 

 

Market:

  • $264 b US Amazon market dominates the home market
  • $122 b Amazon market in other countries for Thrasio expansion
  • 45% share of US e-commerce market held by Amazon
  • >20% annual Amazon market growth
  • 9 m Amazon sellers and growing (20% p.a.)
Thasio Market

 

Competition:

  • Thrasio is 1st mover/TOP-1 with $3.4 b funding
  • Biggest followers: Perch ($0.9 b funding), HeyDay ($0.25 b funding), Branded ($0.15 b funding)
  • Institutional debt support: Thrasio is the only company hugely supported with institutional debt money ($1.2 b)
  • “Blue-ocean” market: 3+ years estimated before a significant competition clash

Additional Details

Thrasio Details Thrasio Details Thrasio Details Thrasio Details

RLC Shares Terms

ISIN: GG00BP6T1X57
CFI: ESNUFR
BLOOMBERG: RLC17PA GU
PLATFORM FEE: 5%
CARRY FEE: 20%
SETTLEMENT: CREST, Euroclear, Clearstream, NSD