Verkkokauppa.com as an investment
Verkkokauppa.com’s goal is to be a Nordic leader in retail. The Company’s shares are listed on the official list of Nasdaq Helsinki under the ticker symbol VERK.
Omnichannel and scalable business model
Verkkokauppa.com’s agile and scalable business model effectively combines a webstore and four megastores. The competitive advantages and strengths also include low cost structure, well-known brand as well as the Company’s own ERP system and eCommerce platform. The continuously evolving, omnichannel service concept ensures a superior customer experience. Verkkokauppa.com offers more than 75,000 products in 26 different product categories. The customer promise of the Company is to sell its products at probably always cheaper prices.
Strong market position as retail goes online
The constant changes in consumer behavior and in the retail sector support the shift towards online and mobile. Verkkokauppa.com’s webstore received 87 million visits in 2020. It is Finland’s best-known and most visited webstore. Verkkokauppa.com has a strong foothold in consumer electronics in Finland. Despite the very competitive and price-driven market, Verkkokauppa.com has succeeded in outgrowing the market.
Stable financial position supports growth
Verkkokauppa.com is a debt-free company with a strong balance sheet position. The cash reserves are appropriate for business development and enable the determined pursuit of growth. Verkkokauppa.com’s goal is to be a Nordic leader in retail and grow to a company with a billion-euro revenue.
Verkkokauppa.com aims for a revenue of one billion euro and a 5% EBIT margin by the end of 2025. At the same time, Verkkokauppa.com will continue its policy of distributing a quarterly growing dividend to shareholders. The annual dividend payout has increased every year since 2015. Verkkokauppa.com was listed on the Nasdaq First North Growth Market Finland marketplace in 2014 and transferred to the official list of Nasdaq Helsinki on 5 June 2020.