Formal Friday

Formal Friday

Clothing company founded by a team of professionals with backgrounds in mountaineering, sports and fashion design.

HQ location
Helsinki, Finland
Launch date
Employees
Enterprise value
$704k—1m
Company register number
2622174-1
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Financials

Estimates*

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Revenues, earnings & profits over time
EUR2018201920202021202220232024
Revenues0000000000000000000000000000
% growth(10 %)(6 %)(34 %)34 %58 %(49 %)(43 %)
EBITDA0000000000000000000000000000
% EBITDA margin(142 %)(46 %)-----
Profit0000000000000000000000000000
% profit margin(147 %)(63 %)(16 %)(21 %)43 %(7 %)(15 %)
EV0000000000000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget0000000000000000000000000000
R&D % of revenue82 %87 %132 %----

Source: Company filings or news article

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More about Formal Friday
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Formal Friday Clothing specializes in high-performance Merino wool t-shirts that are designed to offer durability, comfort, and style. The company's core product is an ultrafine Merino t-shirt that is soft, odor-resistant, wrinkle-resistant, and temperature-regulating. These t-shirts are engineered to be versatile, making them suitable for both urban environments and outdoor activities. Formal Friday Clothing primarily serves active individuals who value high-quality, multifunctional apparel. The company operates in the premium clothing market, targeting consumers who are willing to invest in durable and high-performance garments. Formal Friday Clothing's business model revolves around direct-to-consumer sales through its online platform, allowing it to maintain control over the customer experience and product quality. Revenue is generated through the sale of these premium t-shirts, which are marketed for their unique blend of performance properties and minimalist design.

Keywords: Merino wool, high-performance, durable, comfortable, odor-resistant, wrinkle-resistant, temperature-regulating, versatile, premium clothing, direct-to-consumer.

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