Go North

EQS-News: Go North Group AB: 3rd Quarter Results

Retrieved on: 
Friday, November 11, 2022

Go North Group AB (Publ) announces its Quarter 3, 2022 financial report

Key Points: 
  • Go North Group AB (Publ) announces its Quarter 3, 2022 financial report
    Go North Group AB (publ) ("Go North" or "The Group") is delighted that in Quarter 3, we proved that we could execute against our previously communicated strategy, by delivering the first reported profitable month in September 2022.
  • Go North knows how to source and acquire great Amazon brands, at good prices, and has the right team in place to take care of continued organic profit growth post-acquisition.
  • Despite increasing inflation and cost of living, the timing for Go North from a macroeconomic outlook comes with big potential.
  • In summary, whilst Go North remains a learning organization, we're very pleased with the progress of the quarter.

EQS-News: Go North Group AB (publ) completes new equity round

Retrieved on: 
Saturday, October 22, 2022

Go North Group AB (Publ) announces its first reported profitable month, contributing a positive EBITDA of kSEK 451 in September 2022

Key Points: 
  • Go North Group AB (Publ) announces its first reported profitable month, contributing a positive EBITDA of kSEK 451 in September 2022
    Go North Group AB (publ) ("Go North" or "The Group") is delighted that in September, we proved that we could execute against our previously communicated strategy, by delivering the first reported profitable month, contributing a positive EBITDA of kSEK 451.
  • Despite increasing inflation and cost of living, the timing for Go North from a macroeconomic outlook comes with big potential.
  • In summary, whilst Go North remains a learning organization, we're very pleased with the progress of the month.
  • This information is information that Go North Group AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation.

EQS-News: Go North Group AB (publ) completes new equity round

Retrieved on: 
Thursday, October 6, 2022

Go North Group AB (publ) completes a new equity round of approx.

Key Points: 
  • Go North Group AB (publ) completes a new equity round of approx.
  • The Equity Round has been led by; eEquity IV AB alongside notable investors including (familiar with); Victor Hielte (Neudi/Ernstrmgruppen), William Olsson (Stena/Sessan), Ludwig Mattsson (Gavia), Lena Apler (Collector), Gustav Eriksson (Stena/Formica Capital) and Magnus Emilson (ESS Group).
  • Proceeds from the Equity Round will be used to i) continue acquiring identified Amazon brands, ii) grow profits in existing brand portfolio, and iii) continue to increase the Go North Group's EBITDA.
  • This information is information that Go North Group AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation.

Go North, aiming to become Europe's next unicorn, closes 77.5M SEK in seed round led by eEquity

Retrieved on: 
Monday, April 4, 2022

It's a competitive industry with impressive funding rounds, but Go North, however, is different from most of their competitors.

Key Points: 
  • It's a competitive industry with impressive funding rounds, but Go North, however, is different from most of their competitors.
  • Instead of coming from traditional M&A backgrounds, they're a team of Amazon entrepreneurs themselvesand uniquely able to connect with FBA (Fulfilled-By-Amazon) entrepreneurs because of it.
  • We heard stories about intentionally complicated legal work, and even buyers operating brands at a loss to avoid payouts.
  • eEquity, who led the round, is the most active Nordic investor in digital growth, with the ambition of building market leading businesses, in close partnerships with entrepreneurs.

Go North, aiming to become Europe's next unicorn, closes 77.5M SEK in seed round led by eEquity

Retrieved on: 
Monday, April 4, 2022

It's a competitive industry with impressive funding rounds, but Go North, however, is different from most of their competitors.

Key Points: 
  • It's a competitive industry with impressive funding rounds, but Go North, however, is different from most of their competitors.
  • Instead of coming from traditional M&A backgrounds, they're a team of Amazon entrepreneurs themselvesand uniquely able to connect with FBA (Fulfilled-By-Amazon) entrepreneurs because of it.
  • We heard stories about intentionally complicated legal work, and even buyers operating brands at a loss to avoid payouts.
  • eEquity, who led the round, is the most active Nordic investor in digital growth, with the ambition of building market leading businesses, in close partnerships with entrepreneurs.