ESW Grows Revenue 28% to €1.24bn

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Dublin-headquartered ecommerce company ESW, formerly eShopWorld, saw revenues rise 28% to €1.24bn and EBITDA increase 3% to €41m last year.

The group said it saw strong growth in all markets as it added €271m in turnover, but profit after tax fell 9.9%, from €25.4m to €22.9m, following significant investment in staff and technology.

The group employed 620 people at the end of 2021, an increase of more than 200 since the start of 2020, and it expects headcount to exceed 1,000 by the end of this year as it continues to hire following its June acquisition of Scalefest.

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