International trading company in used telecom equipment

A profitable, internationally oriented trading company specializing in used and refurbished telecom equipment. The company was founded in 2006 and operates in more than 15 countries across Europe, the Middle East, and Africa.

Core Activities
The core business consists of purchasing used smartphones, tablets, and telecom components from major Tier-1 telecom operators and retailers, and reselling them to international B2B customers. The procurement network—built up over twenty years through direct supplier relationships—is the company’s primary value driver. In the market for used telecom equipment, a high-quality, sorted supply is structurally scarce; a buyer effectively acquires a privileged position in this scarce supply channel.

Financial Profile
The company has been consistently profitable over the past four years, with a recovery in revenue in the most recent fiscal year. The EBITDA margin has historically ranged between 5% and 12%, depending on the composition of purchases. As of the reporting date, there is no interest-bearing debt and the company has a positive net cash position. The forecast for the coming fiscal year indicates further revenue growth and margin expansion.