Financials 2024

Strong domestic market presence in the TTM

Since the start of 2024, Backdoor Market (BM) has achieved a notable turnover of EUR 140,482, driven primarily by its strong retail presence and strategic collaborations. Approximately 62% of this revenue came from the pop-up store in Riga, Latvia, while 30% was generated through partnerships with prominent brands such as Kalve Coffee Roastery, Monster Energy Drink, and others. During 2024, BM has solidified its position as a household name in Latvia. The year reinforced the brand’s foundation, expanding its community, and enhancing market visibility. Key expenses during this period were allocated to material purchases, marketing initiatives, and the renovation of the pop-up store, ensuring sustained growth from a strong position in the domestic market.

Find more in-depth financial overview in backoor.market/invest under Backdoor Market Financials.