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Sign in / Join NowSummaryPurple represents a best of breed, bed in a box, direct to consumer mattress supplier, enjoying explosive growth due to a differentiated product and viral digital marketing.Revenue is expected to grow from $66.5mn in 2016 to $190 194mn in 2017, with near breakeven EBITDA. 2018 revenue is anticipated to increase to $370mn 480mn, up 95 147% with positive EBITDA.Growth has occurred despite no outside funding, but from strong word of mouth and viral videos. Anticipate additional organic growth, new products, international, and brick and mortar (Mattress Firm, etc.).With just 1% current mattress market share, Purple could exceed $1bn+ in 3 4 years with 15% EBITDA margins.
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