Revenue more than doubled year on year and OACE is now the most mentioned fashion brand on German Instagram. A retail pop-up in Cologne is being negotiated; the lease is the open item.
App 2.0 is in beta with 2,000 users and subscriptions are 41% of revenue. The paid-ads push Christian committed to for Q4 is the next growth step.
ARR tripled since January on the back of 40 creator accounts. The convertible converts at the next priced round, expected in Q1 2027.
The WPF app holds a 4.4 rating from 700+ reviews and Mein Plan B is in final app-store review. Monthly ads and posts from Christian remain the main growth lever.
Bridge tranche drawn ahead of the dm listing in November. Gross margin improved to 38% after moving to the new co-packer.
The co-packer switch added six margin points. Venture debt of €0.5M repays in February.
Growth is below plan and paid-social CAC rose 30% in Q3. The founders present a revised plan at the November board meeting.
Marked down after a flat first half; the new CEO started in September. A decision on the follow-on is due in December.