Webejoy

Shopping behavior is evolving, digital commerce not Traffic: up over 500% / Penetration: grew from ~5% to 21% (>300% growth) But in the same time: Time spent on e-commerce sites: down 33% E-commerce conversion: down 38%

• $4.1M 2021 revenue, $789K Q1 2022 revenue and projecting $11M EoY 2022 revenue.
• E-commerce channel is live although they are only getting ~5 orders / week through the channel.
• 3 physical store locations (Mall of America in MN, Roosevelt Field Mall in NY and Florida Mall in FL) with an additional 4 stores confirmed to open in 2022.
• $36 avg. receipt / location
• 53K avg. annual traffic / location
• 9.6K avg. annual transactions / location (conversion rate: 18%)
• 5% of sales comes from private labels
• 5% of sales comes from European imports
• 90% of sales comes from US supplied inventory from (MGA, Mattel, Spin master, LEGO, HASBRO etc.)
• 11K SKU’s offered