Turnover: 20.267 million EUR (2022)

Country: United States

WeWork is an American company founded in 2010. It provides shared office space for start-ups and other forms of business. In 2019, it had 600,000 members worldwide in nearly 850 locations

WeWork is the market leader in shared office space. Nonetheless, 2019 was a very turbulent year for the company; in September, in parallel with its IPO, the company faced a storm of criticism related to internal policies on governance and profit generation, as well as exaggerated benefits granted to the company's CEO in particular. The company tried to raise $3.5 billion in an IPO, but the IPO was unsuccessful and the company's valuation fell from $47 billion to $10 billion

In 2020, WeWork seeks to stabilize its business model and, according to the board of directors, to "focus more on product."

Financial Data

DUNS: 813490364

Legal Name: WEWORK FRANCE

Address: 95 RUE LA BOETIE , 75008 PARIS 8

Number of employees: Entre 50 et 99 salariés (2020)

Capital: 5 020 000 EUR


Financial Data:

Year 2021 2019 2018 2017 2016
Turnover 13 111 616 7 544 835 1 767 713 1 832 927 130 153
Gross margin (€) 14 832 928 10 144 420 1 783 893 1 847 593 130 153
EBITDA (€) -263 677 -4 510 300 -582 967 -65 806 -21 062
Operating profit (€) 1 104 132 -1 947 733 -590 486 -66 710 -21 062
Net profit (€) 20 820 567 -4 473 972 -675 579 -79 569 -34 147
Turnover growth rate (%) 15,4 326,8 -3,6 1 308,3 -
Ebitda margin rate (%) -2 -59,8 -33 -3,6 -16,2
Operating margin rate (%) 8,4 -25,8 -33,4 -3,6 -16,2
Working Capital (turnover days) 1 861,2 2 013,3 2 336,3 10,5 324,4
Working Capital requirements (turnover days) -8 1 786,5 1 673,9 31,1 -128
Net margin (%) 158,8 -59,3 -38,2 -4,3 -26,2
Added value / Turnover (%) 86 56,3 55,1 33,3 46,8
Wages and social charges (€) 11 258 087 8 578 426 1 517 829 684 188 80 460
Salaries / Turnover (%) 85,9 113,7 85,9 37,3 61,8

Company Managers:

Position First Name Last Name Age Linkedin
Président Justin, Bradley Jones 43
Directeur général Rebecca Nachanakian 46

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