RVRC growing fast internationally in the outdoors segment

RevolutionRace is a Swedish fast growing outdoors retailer, which is selling clothes online direct to customers.

The company has grown rapidly during the pandemic. The revenue for the last 12 months has grown by 75% from 732 million SEK to 1 287 million SEK.

Contrary to many other online retailers, this growth has come with a healthy profit margin. The EBIT margin for RVRC has grown from about 25% to nearly 30%.

Third interesting elements of RVRC is the international nature of the company. A year ago 41% of company’s revenues came from the Nordic region, whereas in Q1/2022, only 28% came from Nordics.

DACH region (especially Germany) is the biggest market for the company, but the Rest of the World segment has been the fastest growth area with 73% growth since Q2/2021.

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