Kumulus Vape ranked 32nd among
500 Growth Champions 2022
+647% growth over three years
3rd in the e-commerce sector
Kumulus Vape (ISIN: FR0013419876 – Mnemonic: MLVAP), e-tailer specializing in the sale of electronic cigarettes and related products (equipment, e-liquid and accessories), grouped under the term “vape”, is proud to feature this year still ranked as a Growth Champion.
Published by the newspaper
The echoes
in partnership with Statista following a multi-sector survey devoted to national companies with the best performance in terms of activity, the ranking of this 6
th
edition highlights the performance of the 500 French companies with the best growth trajectories over the past 3 years.
With a turnover multiplied by 7.5 between 2017 and 2020, Kumulus Vape appears 32
th
overall ranking this year, driven by strong growth of +647% over the period, representing average annual growth of nearly 95%. The company also stands out in the e-commerce category with a 3
th
square.
Within the regional ranking, Kumulus Vape climbs to 2
th
place of the Auvergne-Rhône-Alpes region, up 2 places compared to last year. This position is all the more remarkable since the Auvergne-Rhône-Alpes region concentrates nearly 13.6% of the companies appearing in the 2022 ranking of growth champions.
“The tenth year of our company’s existence could not have started better: after the announcement of the strong growth in our turnover for the 2021 financial year (+53%), it is the turn of an economic newspaper foreground to underline our performances. Our various rankings reward the work accomplished by our teams, who are very proud today. They also engage us for the future with our customers and partners. This year again, Kumulus Vape will make it a point of honor to meet their expectations. »
comments Rémi BAERT, CEO and founder of Kumulus Vape.
For more information, find the Echos article below:
The 2022 Growth Champions in Auvergne-Rhône-Alpes | The echoes
Next meeting :
2021 annual results
April 19, 2022 after market
About Kumulus Vape
Kumulus Vape has quickly established itself at the forefront of French vape players. Since its creation in 2012, the Company has been driven by a mission: to offer, through vaping, a safe and efficient alternative to smoked tobacco to reduce its health and environmental consequences. In this perspective, Kumulus Vape has built one of the richest catalogs on the market with more than 7,000 references available (including many
e-liquids
) through its e-commerce platforms for individuals and specialized shops (
e-liquid wholesaler
). Between 2016 and 2020, the average annual growth of Kumulus Vape exceeded 100%. In 2021, the Company generated revenue of €34.5 million, up 53%. The Company is based in Corbas, in the Metropolis of Lyon, and today employs more than 50 people. Kumulus Vape has been listed on Euronext Growth since June 2021 (ALVAP / ISIN code: FR0013419876).
contacts
Kumulus Vape |
Actifin |
Actifin |
Vincent Baudouin Communication director | Isabelle Dray Press relations | Nicholas Lin Financial communication |
[email protected] | [email protected] | [email protected] |
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