Marley Spoon AG
MLYSF
Other OTC0.25
USD
- -
- -
Return %
Stock
S&P500
1Y
-59.02
26.53
3Y
-59.02
76.60
5Y
-59.02
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Gilbert Fabian Siegel
- Full Time Employees
- 2,079
- Sector
- Consumer Cyclical
- Industry
- Restaurants
- Address
- Paul-Lincke-Ufer 39/40 Berlin Germany 10999
- IPO Date
- Apr 30, 2020
- Website
- marleyspoon.de
- Similar Companies
- Business
- Marley Spoon Group SE is a global direct-to-consumer subscription-based meal kit provider founded in 2014 and headquartered in Berlin, Germany. The company offers fresh, pre-portioned ingredients and recipe kits through multiple brands including Marley Spoon, Martha Stewart & Marley Spoon, Dinnerly, and Chefgood, serving customers in Australia, the United States, and Europe (notably Germany, Belgium, the Netherlands, and Austria). Its product portfolio includes weekly meal kits that cater to diverse customer segments, from premium flavors and exotic meals to cost-conscious options, alongside ready-to-eat meals through its acquired "food as medicine" brand BistroMD. Marley Spoon operates seven fulfillment centers across these regions and partners with logistics providers to manage distribution efficiently. Recent major changes include the strategic sale of its U.S. operational assets and supply chain infrastructure to FreshRealm in a $24 million deal finalized in 2024, which included transferring three U.S. production and fulfillment facilities. Alongside, Marley Spoon acquired BistroMD, expanding its footprint in the ready-to-eat health-focused meal subscription market, integrating it within the FreshRealm platform for greater operational scale. The partnership with FreshRealm encompasses a 7-year manufacturing and fulfillment agreement to bolster efficiency and scale. Financially, the company has focused on reinforcing profitability through cost reductions, tighter marketing spend, and operational efficiencies, highlighted by its recent streak of positive operating EBITDA and improved contribution margins despite revenue pressures. Marley Spoon's core business spans three geographic segments: Australia, where it holds a strong market presence and operates three fulfillment centers; the United States, its former direct operational market now served via the FreshRealm partnership; and Europe, where it runs operations addressing customers with both premium and budget-friendly options. The company's multi-brand strategy targets households looking for convenient, healthy home-cooking solutions with varied meal kits and ready-to-eat offerings. Its operational strategy balances growth and profitability, with a recent emphasis on margin improvement through strategic divestments and acquisitions in complementary food service categories. Marley Spoon continues to leverage its technology platform and data-driven approach to enhance product offerings and customer retention.