FLEXDOG

FLEXDOG is a unique platform connecting brands, retailers and resell (secondary market) platforms directly with customers, especially Generation Z. Visitors to the platform can find an exceptionally wide selection of clothing and sneakers in one place, including exclusive pieces not available elsewhere – thanks to FLEXDOG's ever-increasing number of business partners. One of the main benefits for the platform visitors is the simple price comparison of products from several sellers. The platform accessibility has no geographical boundaries. FLEXDOG’s monthly traffic is nearly half a million visitors through 9 localized domains. The platform collects a fee for redirecting the visitor to the retailer's website and a commission for a completed purchase, while this year it will reach revenues of almost € 500 ths.

STRONG GROWTH POTENTIAL (IN MULTIPLES)

The global fashion e-commerce market continues to grow and is expected to reach over $ 1.2 trillion by 2027 (CAGR +10.5%). FLEXDOG has minimal working capital investment needs and virtually no physical constraints to its global expansion. In addition, it provides sellers (business partners) with a quality visitor base (high sales conversion), hence a new growth channel.

LINK TO THE MULTI-BILLION-DOLLAR SECONDARY MARKET FOR SNEAKERS AND STREETWEAR

FLEXDOG is shaping the secondary sales market for streetwear fashion in the CEE region. Business partners range from local CEE players up to the leading global marketplaces such as StockX or KLEKT. The value of global secondary streetwear fashion market is projected to reach up to $ 30 billion by 2030. (CAGR +20%).

• Allows you to search and compare the best prices of apparel, sneakers and accessories.
• Strong relationships with more than 170 business partners (FLEXDOG is a high quality source of visitors).
• Simple, functional, and well-scalable business model.
• Experienced team backed by professional VC funds.
• Target revenue of €6.5 million and EBITDA of €2.1 million by 2026.
• Huge market potential of fashion e-commerce – up to 1.2 bil. $
• Expected return of 5x times the investment or more.

AOV  - Average Order Value 

AR - Augmented Reality 

C2C - Customer-To-Customer 

CAGR - Compound Annual Growth Rate 

CEE/CSE - Central, Eastern, and Southeastern Europe 

CEO - Chief Executive Officer 

DTC  - Direct-To-Consumer

EBITDA - Earnings Before Interest, Taxes, Depreciation and Amortization 

GMV - Gross Merchandise Value 

ROAS - Return on Advertising Spend 

Take rate - Podiel tržieb na GMV 

Y-o-Y - Year-over-Year 

Investment opportunity into target cmpany enabled by Crowdberry Investment Platform j.s.a.