City Digital Group

City Digital Group

White label software solution for finding and booking restaurants.

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Financials

Estimates*

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Revenues, earnings & profits over time
EUR2021202220232024
Revenues0000000000000000
% growth-(14 %)14 %51 %
EBITDA0000000000000000
Profit0000000000000000
% profit margin29 %41 %35 %(5 %)
EV0000000000000000
EV / revenue00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x
R&D budget0000000000000000

Source: Company filings or news article

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More about City Digital Group
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City Digital Oy operates as a technology-focused holding company, managing a portfolio of digital platforms that reach over four million monthly users in Finland. The company's origins trace back to the urban magazine City, founded in 1986, but its contemporary focus is squarely on digital services.

The group's business model is centered on acquiring and developing various online services that connect businesses with consumers. Revenue streams are diversified across its portfolio, including advertising, online commerce solutions, and digital restaurant services. A significant milestone in the company's growth was the December 2019 acquisition of Suomi24, a major Finnish online forum, from Aller Media. This strategic move substantially broadened its user base and market position.

City Digital's portfolio is diverse, featuring several well-known Finnish brands. This includes TableOnline, the largest online restaurant reservation service in Finland and Estonia, which it operates. TableOnline provides restaurants with a booking management system and marketing tools, while users can discover, review, and book tables through its app and website. The portfolio also contains the online discussion forums Suomi24 and FutisForum2, various dating and contact sites like Treffit24, Deitti.net, and E-kontakti, and other digital services such as Eat.fi for restaurant discovery.

The company is led by CEO Ilkka Lavas. The CEO of TableOnline, a key asset, is Ville Heinonen, who has been in the role since October 2010. Keywords: digital platforms, online media, restaurant technology, online reservations, user forums, digital advertising, online marketplaces, web services, consumer technology, portfolio management

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Tech stack

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Investments by City Digital Group

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E-kontakti.fi
ACQUISITION by City Digital Group Dec 2021