Delticom AG
DEX
ISIN DE0005146807 / Valor 2754216
Delticom AG
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About company
Delticom AG is a leading e-commerce company specializing in the online retailing of tires and automotive products. With over 20 years of experience, the company operates more than 300 online shops and distribution platforms in over 70 countries worldwide, primarily in Europe. Delticom has built up expertise in setting up and operating online shops, acquiring customers online, online marketing, and developing partner networks and logistics processes. The company offers a wide range of products, including over 600 tire brands and around 18,000 tire models, catering to both private and business customers. Delticom's commitment to steady growth in online retailing and digitalization has made it Europe's largest online tire retailer, serving more than 17 million satisfied customers globally.
Summarized from source with an LLMView SourceSector: Non-Energy MaterialsLatest Results (07.11.2025):
Delticom AG’s Annual Report for fiscal year 2023 demonstrates a solid performance improvement with consolidated net income increasing to €8 million, driven by an operating EBITDA rise to €21.8 million and a strategic shift from traditional shop business to an increasingly significant platform model. The company’s enhanced gross margin, robust investments in technology and infrastructure, improved equity, and disciplined working capital management have set a strong foundation—even as the management signals a careful outlook amid economic uncertainties, with a basis established for potential dividend payments in the future.
Revenue & Earnings
Delticom AG reported revenues of €476 million in fiscal year 2023—a decrease largely attributable to the ongoing shift from shop to platform business—while consolidated net income rose to €8 million (up from previous years). Moreover, operating EBITDA increased from €15.0 million to €21.8 million, surpassing the upper range of prior forecasts.
Gross Margin & Sales Mix
The gross margin improved from 21.6% to 24.4%, largely reflecting a beneficial change in the sales mix with growing demand for quality tyres from Asian manufacturers. This margin improvement underpins the company’s operational performance during the fiscal year 2023.
Investments & Capital Structure
Investments nearly doubled to €5.6 million during fiscal year 2023—from €2.6 million in the previous year—supporting advancements in AI-supported software and upgraded warehouse equipment. Additionally, the equity base increased from €40 million to approximately €48 million, while stringent working capital management helped reduce financial debt.
Outlook for 2024
Looking ahead to 2024, Delticom AG is planning for revenues in the €450–470 million range and operating EBITDA between €19–21 million. Despite uncertainties due to economic and geopolitical factors, the company intends to focus on cost reductions while managing the expected continued shift towards the platform business model.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
33 M
Market cap (USD)
19,099
Daily traded volume (Shares)
2.3 / 2.06
1 day high/low (USD)
52 weeks high/low (USD)
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Est dividend (USD)
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Ratings & reviews
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