Davidstea Company & Revenue

Main Category
Main Country Selling to
Biggest Competitor

Annual Revenue

US$23m
2024

Global Rank

5,731
2024

Conversation Rate

2.5-3.0%
2024

Average Order Value

2024

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Revenue Development
Country & Category Splits
Company Financials
Transaction KPIs

The values shown here refer to the retailer's largest online store. Aggregated total figures and values for other stores can be found in our tool.

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Davidstea Revenue & Turnover

Davidstea Annual Revenue & Growth by Year

Davidstea's annual sales on its online store davidstea.com amounted to US$23m in 2024. This represents a change of <0% from the previous year. Davidstea's largest online store is expected to see a growth rate of 0-5% in 2025 compared to 2024, indicating a projected shift in performance.

Annual Revenue

US$23m
2024

Annual Growth Forecast

0-5%
24/25

eCommerce Revenue (in Million US$)

2022
2023
23
2024
2025
2026

For the sake of simplicity, we refer to revenue here. Our tool provides a more detailed distinction between Net Sales and GMV.

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Davidstea Monthly Sales & Revenue Development

Retailers follow monthly revenue patterns, which depend on annual events, consumer habits, and economic conditions. In the case of Davidstea, revenues in June of 2025 were US$2m on its domain davidstea.com. This marks a change in monthly revenues of <0% from May.

Revenue Current Month

US$2m
06/25

Growth from Previous Month

<0%
05/25-06/25

Monthly eCommerce Revenue (in Million US$)

02-2025
03-2025
04-2025
05-2025
US$2m
06-2025

For the sake of simplicity, we refer to revenue here. Our tool provides a more detailed distinction between Net Sales and GMV.

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Davidstea Sales by Country & Market Shares

Davidstea's main market is Canada, where its main online store, davidstea.com, generated 78% of revenues in 2024. Davidstea engages in markets that support its strategic objectives, whether through domestic focus or cross-border expansion.

Market Shares by Country

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Davidstea Revenue Split by Product Categories

Davidstea sales by product category provide a deeper look into its income structure. Davidstea's most significant category is Grocery, which accounts for 90% of total sales in 2024 at its largest online store, davidstea.com. The analysis of sales by category provides a clearer picture of how different segments contribute to overall performance.

Revenue Breakdown by Category

2024

Grocery (90%)

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Davidstea Financial Analysis: Earnings, Net Worth, Profits

Regularly updated figures from Davidstea's latest annual report provide us with the company's financial figures that are indicative of its business performance and outlook. In 2023, Davidstea's gross profit was US$18m, while its operating profit was -US$10.3m.

Gross Profit

US$18m
2023

Operating Profit

-US$10.3m
2023

Net Income

2023

Earnings per Share

2023

Total Assets

2023

Total Equity

2023

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Davidstea Number of Employees

Davidstea had a headcount of 332 in 2022. Meanwhile approximately US$0.2m was generated per employee in 2022

Revenue per Employee (in Million US$)

2018
2019
2020
2021
US$0.2m
2022

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Davidstea Top Stores

Davidstea's flagship domain davidstea.com generated revenues of US$23m in 2024. Forecasts expect a revenue change of 0-5% in the coming year.

Top Online Stores by Net Sales (in Million US$)

# 1
davidstea.com
David's Tea, Inc.
2021

2022

2023

2024

2025

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Davidstea Competitor Analysis & Similar Stores

thriftyfoods.com is the closest competitor to Davidstea's largest online store davidstea.com, with a similarity score of 96.6% in 2024. naturamarket.ca is another key store with a high similarity score of 92.3%. This competitor analysis provides a concise overview of comparable online stores for market performance benchmarking.

Top Competitors and Similar Stores

davidstea.com
Main
naturamarket.ca
92.3%

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Davidstea Transaction KPIs: Conversion Rate, Average Order Value

Analyzing transactions on Davidstea's largest online store davidstea.com reveals key metrics like conversion rate, average order value, discount rate, and return rate. The store's conversion rate reached 2.5-3.0% in 2024, offering insight into user behavior.

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2.5-3.0%
2024

Average Order Value

2024

Return Rate

2024

Discount Rate

2024

Davidstea Payment, Shipping and Shop Software Provider Landscape

Payment and shipping options have a major impact on customer satisfaction. In the case of Davidstea, the payment providers Mastercard (Cards), VISA (Cards) and PayPal (E-wallets) are available at its largest online store, davidstea.com. Shipping providers, on the other hand, vary significantly depending on the market. Overall, davidstea.com offers Not communicated.

Payment Provider

Mastercard (Cards)

Shipping Provider

Not communicated

Shop Software

Klarna Logo
American Express Logo
UPS Logo
Shopify Logo

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