Subscribe Login
Restaurant

Deliveroo Ireland Reports Almost €3m Revenue Rise In 2016

By Dave Simpson

Deliveroo Ireland Ltd has released details of new accounts that show the company's Irish revenues rose over sevenfold to €2.89 million last year.

As reported by The Irish Independent, Deliveroo's first set of full year accounts for its Irish operations also reveal that the company recorded a pre-tax loss of €2.44 million in 2016 due to escalating expansion costs.

According to a statement accompanying the accounts, Deliveroo Ireland's "business is growing at a rapid rate which could result in a loss of control".

Get a FREE Digital Subscription!

Enjoy full access to Hospitality Ireland, our weekly email news digest, all website and app content, and every digital issue.

Processing your request...

Thanks! please check your email to confirm your subscription.

By signing up you are agreeing to our Terms & Conditions and Privacy Policy

Despite the firm's Irish revenues being up 623% to €2.89 million during the year ending in December 2016, a combination of €2.8 million in administrative expenses and sales costs of €2.5 million resulted in the €2.44 million loss for the company last year.

Enjoy a FREE Digital Subscription
Enjoy full access to Hospitality Ireland, our weekly email news digest, all website and app content, and every digital issue.
Enjoy a FREE Digital Subscription
Enjoy a FREE Digital Subscription
Enjoy full access to Hospitality Ireland, our weekly email news digest, all website and app content, and every digital issue.
Enjoy a FREE Digital Subscription