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Corporation
templeandwebstergroup.com.au

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Investments

1

About Temple & Webster Group

Temple & Webster Group (ASX: TPW) is an online retailer of furniture and homewares.

Temple & Webster Group Headquarter Location

Unit 1A, 1-7 Unwins Bridge Road St Peters

Sydney, New South Wales, 2044,

Australia

+61 1300 554 474

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Latest Temple & Webster Group News

This fund manager thinks the MyDeal (ASX:MYD) share price is appealing

Nov 25, 2021

MyDeal beats out Temple & Webster as this fund’s most appealing online retail investment… Mitchell Lawler is a site writer at The Motley Fool Australia. He holds a Bachelor of Engineering and previously worked in the consulting space while his interest in equities grew. Mitchell is now completing his studies in finance and wealth management and hopes to help others in their investing journey. You can view Mitchell's holdings here . Latest posts by Mitchell Lawler ( see all ) Image source: Getty Images The MyDeal.Com Au Ltd (ASX: MYD) share price has been gradually recovering since May. A continuation in revenue growth has put the online retail marketplace in a good light. While the company is operating in a space filled with formidable foes, some investors are taking a liking to the smaller competitor. Sydney-based private investment company EGP Capital is one such investor that is bullish on the MyDeal share price. The reasoning behind EGP Capital’s positive outlook for the company was shared in the fund’s October report. Let’s jump into the details. What makes the MyDeal share price worth looking at? The team behind EGP Capital’s Concentrated Value fund are big backers of numerous ASX-listed retail-focused businesses. For example, Cettire Ltd (ASX: CTT) , Redbubble Ltd (ASX: RBL) , and MyDeal all make an appearance in the fund’s top 10 holdings. According to the fund’s October report , rather than backing the larger online retailers, EGP is keener on the prospects ahead for MyDeal — with a market capitalisation of ~$225 million. Chief investment officer (CIO) Tony Hansen detailed several reasons why the fast-growing retailer play is attractive. The first reason is the incentive structure in place for the MyDeal CEO and founder, Sean Senvirtne. Nearly half of the company’s shares are owned by Senvirtne. However, the primary reason for EGP Capital’s interest in the MyDeal share price is the marketplace element. This involves connecting buyers with sellers through the company’s online platform, taking a fee from the transaction in the process. Hansen notes that the cash flow generated by this business segment alone allows the business to grow without the need for external capital. How does it compare to another online retailer? Because of its capital-light nature, the fund prefers to compare MyDeal to Temple & Webster Group Ltd (ASX: TPW) . In comparing the two, Hansen and the team believe that the smaller online retailer could be worth ~$1.40 if it were valued similarly to Temple and Webster. Hansen came to this conclusion by comparing the companies enterprise value over gross margin (EV/GM). For Temple and Webster, this equates to ~7 times. Meanwhile, MyDeal’s EV/GM comes out to around 3 times. Finally, EGP Capital suggests that if MyDeal can demonstrate revenue growth and profitability over several quarters, then it might attract a more premium valuation. For investors, this would translate to a higher MyDeal share price. MyDeal shares are down 32% since the beginning of the year. Coming off of a booming time for online retailers during COVID-19 , the company has failed to maintain the momentum. Should you invest $1,000 in MyDeal.Com right now? Before you consider MyDeal.Com, you'll want to hear this. Motley Fool Investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now... and MyDeal.Com wasn't one of them. The online investing service he’s run for nearly a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more. * And right now, Scott thinks there are 5 stocks that are better buys.

Temple & Webster Group Investments

1 Investments

Temple & Webster Group has made 1 investments. Their latest investment was in Renovai as part of their Seed VC on August 8, 2021.

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Temple & Webster Group Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

8/4/2021

Seed VC

Renovai

$3.7M

Yes

2

Date

8/4/2021

Round

Seed VC

Company

Renovai

Amount

$3.7M

New?

Yes

Co-Investors

Sources

2

Temple & Webster Group Acquisitions

1 Acquisition

Temple & Webster Group acquired 1 company. Their latest acquisition was Milan Direct on November 14, 2015.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

11/14/2015

$991

Acquired

2

Date

11/14/2015

Investment Stage

Companies

Valuation

$991

Total Funding

Note

Acquired

Sources

2

Temple & Webster Group Team

1 Team Member

Temple & Webster Group has 1 team member, including former Chief Commercial Officer, Susie Sugden.

Name

Work History

Title

Status

Susie Sugden

Chief Commercial Officer

Former

Name

Susie Sugden

Work History

Title

Chief Commercial Officer

Status

Former

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