Verkkokauppa.com as an investment

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 65,000 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 more than 70 million visits in 2019. 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.

Growing company

The Company targets an annual revenue growth of 10–20% in the medium term. In addition, Verkkokauppa.com targets a growing operating profit and an operating profit margin of 2.5–4.5% in the medium-term. Verkkokauppa.com’s goal is to pay out a quarterly growing dividend. 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.

Read about the company's operations and daily life from the Annual Report 2019.