Turnover: 320 million EUR (2023)
Country: France
- Reconditioning of smartphones and electronic equipment
- Marketplace founded in 2014, one of France's unicorns, valued at over €5 billion
- 450 million€ raised by 2022
- More employees by 2022 and 1,500 reseller partners worldwide
- The company does not disclose its sales figures
- Presence in 17 countries
News
Back Market launches a recycling service for old smartphones with Ecosystem 18/06/2024
- - 700 smartphones collected in France in one month.
- - Partnership with Ecosystem.
- - 73 processing centers throughout France.
Refurbished phones : Back Market aims for profitability in 2024 30/05/2024
- Business volume of 2.2 billion euros by 2023, up 32%.
- Back Market acts as an intermediary between consumers and 1,700 reconditioners.
- Sales (margin on transactions) jump 45% to 320 million.
- 4.5 million customers by 2023, including 2 million in France
- 6.3 million orders, 60% of them smartphones.
- By 2022, Back Market had achieved sales of 200 million euros.
- Operates in 18 countries (% of sales), the USA, Germany, Spain and the UK.
- agreement with Bouygues Telecom
- According to Fevade, the French e-merchants' union, second-hand goods account for 9% of French people's online purchases
French Tech: Back Market cuts staff 23/01/2023
- 13% of its workforce to leave
- Back Market is a marketplace specializing in refurbished goods, valued at 5.1 billion euros
French nugget Back Market lays off staff to weather the crisis better 06/01/2023
- The company is expanding rapidly
- A total of 13% of Group jobs affected
- Sixty-seven jobs cut in France
- Raised almost 800 million euros since its creation
Back Market cuts its workforce 02/01/2023
- 13% of workforce made redundant
- 93 employees dismissed
- Over 700 million euros raised in one year
- Valuation of 5.1 billion
The repair bonus starts now. 16/12/2022
- The 25-euro bonus will cover half the cost of a battery change
- Every year, 10 million repairs are carried out in France - a drop in the ocean compared with the 1.5 billion electrical and electronic appliances in circulation
- 400 stores and 700 home repairers have been awarded the label
- The aim is to reach 1,500 repairers by 2023
Castorama joins Back Market. 22/02/2022
- Back Market refurbished electronics platform: 100,000 references in electronics.
- 464 references tested in 28 Castorama stores.
Back Market has become French Tech's most valued start-up. 11/01/2022
- Back Market is France's most valuable nugget, valued at 5.1 billion euros.
- Barely six months after completing a financing round that placed it in the circle of French unicorns, Back Market has closed a new round of financing worth 450 million euros.
- The start-up, already operating in 16 countries on 3 continents, already expects to generate more than half of its revenues internationally
Financial Data
DUNS: 804049476
Legal Name: JUNG S.A.S
Address: 199 RUE CHAMPIONNET , 75018 PARIS 18
Number of employees: Entre 250 et 499 salariés (2020)
Capital: 42 774 EUR
Financial Data:
| Year | 2017 | 2016 |
|---|---|---|
| Turnover | 10 015 527 | - |
| Gross margin (€) | 9 870 366 | - |
| EBITDA (€) | -1 236 923 | - |
| Operating profit (€) | -1 386 431 | - |
| Net profit (€) | -1 086 669 | - |
| Turnover growth rate (%) | - | - |
| Ebitda margin rate (%) | -12,4 | - |
| Operating margin rate (%) | -13,8 | - |
| Working Capital (turnover days) | -288,1 | - |
| Working Capital requirements (turnover days) | -63,3 | - |
| Net margin (%) | -10,8 | - |
| Added value / Turnover (%) | 10,3 | - |
| Wages and social charges (€) | 2 225 384 | - |
| Salaries / Turnover (%) | 22,2 | - |
Company Managers:
| Position | First Name | Last Name | Age | |
|---|---|---|---|---|
| Membre du comité d'administration | Quentin | Le Brouster | 34 | |
| Commissaire aux comptes suppléant | Jean-Paul | Retout | 54 | |
| Membre du comité d'administration | Vianney | Vaute | 36 | |
| Membre du comité d'administration | Yann-Hervé | de l'Estang du Rusquec | 44 | |
| Membre du comité d'administration | Nishi Somaiya | Grose | 44 | |
| Membre du comité d'administration | Nicolas | d'Audiffret | 45 | |
| Membre du comité d'administration | Christopher | Caulkin | 43 |
Studies mentioning this company
The household appliance repair and reconditioning market - France
Other companies mentioned:
- Back Market
- Emmaüs
- Murfy
- Reconomia
- Electro Dépôt (Groupe Mulliez)
- Rakuten
- Envie réseau
- Spareka
- SOS Accessoires
- Underdog - Older Is Better
- ASWO
- Codeo
- Triade Electronique (Veolia)
The reconditioned smartphone market - France
Other companies mentioned:
- Back Market
- YesYes
- Largo
- Recommerce
- Cdiscount (CNova)
- Save
- Ecodair
- Itancia
- CEAT Electronique
- DPA Europe Reborn
- Keeep
- Mobile Club
- Orange Groupe
- Cordon Groupe
- ASWO
- Codeo
- Media Clinic
- Easy Cash
- Smaaart - Econocom Factory (Econocom Groupe)
The market for second-hand watches - France
Other companies mentioned:
- Richemont Group
- Swatch Group
- Rolex
- Patek Philippe
- Audemars Piguet
- eBay
- Back Market
- Drouot L’Hotel
- Interenchères