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Overview

Ten Lifestyle Group (AIM: TENG), founded in 1998, is a leading technology-enabled lifestyle and travel platform providing trusted concierge services to the world’s wealthy, from the mass affluent through to High Net Worth Individuals. Ten’s business focuses predominantly on a corporate client model that includes private banks, retail banks, premium payment cards providers and luxury brands that provide Ten’s services to segments of their premium individual customers, who then become Ten members. Ten assists its members to discover, organise and book travel, dining and live entertainment, seeking to save them both time and money.

Headquartered in London, the Group employs over 650 staff across 20 offices globally. Ten has increased net revenue at a compound annual growth rate of 29% over the last three years. In the last reported financial year to 31 August 2017, the Group’s net revenue increased by 37% to £33.2m.

www.tengroup.com

Directors

  • Bruce Weatherill  (NE Chairman): 40yrs+ in the global financial services.  Ex partner at PwC.
  • Alex Cheatle (Co-founder & CEO): Co-founded Ten in ’98.
  • Andrew Long (Group COO, CEO Asia and Co-Founder): Co-founded Ten in ’98.
  • Sean Hegarty (CFO): Joined Ten in 2012. Former Head of Commercial Finance at Reed Elsevier
  • Sarah Hornbuckle (Client Services Director): Former Brand Manager at Mars & Unilever Bestfoods.
  • Julian Pancholi (NED): MD of Nitro Digital Ltd, an independent digital agency.
  • Gillian Davies (NED): Chartered accountant who qualified with KPMG.

Financials

P&L2015
£~m
2016
£~m
2017
£~m
Total Net Revenue2024.333.2
Adjusted EBITDA(1.0)(0.8)1.7
PBT(2.5)(3.0)(2.2)

 

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