Ocado

Transforming online grocery through cutting-edge technology and automation.

Launch date

2000

Employees

5001-10000 people

Market cap

Enterprise valuation

€4.6b (Public information from Sep 2024)

Company register number 03875000

Hatfield England (HQ)

https://www.ocadogroup.com

https://twitter.com/ocadotechnology https://www.linkedin.com/company/ocadogroup/https://apps.apple.com/app/id1447126432 https://play.google.com/store/apps/details?id=com.ocado.gm.mobile.zoom

Revenues, earnings & profits over time

GBP	2020	2021	2022	2023	2024	2025	2026
Revenues	2.3b	2.5b	2.5b	2.8b	3.0b	3.3b	3.6b
% growth	33 %	7 %	1 %	12 %	8 %	10 %	9 %
EBITDA	76.2m	125m	(87.6m)	(27.7m)	141m	242m	352m
% EBITDA margin	3 %	5 %	(3 %)	(1 %)	5 %	7 %	10 %
Profit	(126m)	(223m)	(455m)	(314m)	(336m)	(333m)	(300m)
% profit margin	(5 %)	(9 %)	(18 %)	(11 %)	(11 %)	(10 %)	(8 %)
EV / revenue	6.8x	5.0x	2.4x	2.1x	1.4x	1.4x	1.3x
EV / EBITDA	206.7x	99.5x	-69.0x	-214.3x	29.9x	18.6x	13.3x
R&D budget	-	4.6m	-	-	-	-	-

Source: Dealroom estimates

Date	Investors	Amount	Round
-	Samos Investments	N/A	-
Oct 2009	Generation Investment Management Fidelity International	£30.0m	Growth Equity VC
Jul 2010	N/A	£200m Valuation: £934m	IPO
Feb 2018	N/A	£143m	Post IPO Equity
Jun 2022*	N/A	£578m	Post IPO Equity
Jun 2022*	N/A	£300m	Post IPO Debt
Jun 2023*	Lingotto Investment Management	N/A	Post IPO Equity
Total Funding		€36.0m

Tech stackLearn more about the technologies and tools that this company uses.

6 River Systems

ACQUISITION by Ocado May 2023

Kindred Systems

ACQUISITION by Ocado Nov 2020

Haddington Dynamics

ACQUISITION by Ocado Nov 2020

ACQUISITION by Ocado May 2022

ACQUISITION by Paramount Retail Group Feb 2023

ACQUISITION by Marks & Spencer Aug 2019