D2C sleep brand, Emma – The Sleep Company reached record revenue of $1.34 billion in 2022, a year-on-year growth rate of 35%, exceeding its own full-year revenue target of $1.23 billion. It was Emma’s fifth consecutive year of profitability in 2022.
Since launching in Germany in 2015, Emma — The Sleep Company has enjoyed consecutive years of growth and is now active in more than 30 markets around the world. Emma’s fastest growing markets were all located outside of Europe.
In Asia Pacific, Australia grew its revenues by 103% in 2022 compared to 2021, making it one of Emma’s fastest-growing markets globally. During this period, Emma won multiple coveted consumer and product awards including CHOICE Recommended Top Score for Best Mattress for the second year in a row, Good Design Award for innovation, 2023 Product of the Year Award, and multiple awards from ProductReview.com.au.
Emma — The Sleep Company CEO and co-founder, Dr. Dennis Schmoltzi said, “2022 was a tremendous year for Emma. In the face of strong economic headwinds, we bucked the trend, continued our remarkable growth story, and exceeded our own revenue targets, while increasing profitability.
“From Australia to Mexico, our triple-digit growth outside of Europe shows how we’re building a truly global sleep brand. We’ll continue our mission to awaken people’s best with better sleep in 2023 through further growth and hiring to support that.”
Emma — The Sleep Company CEO and co-founder, Manuel Müller added, “In a year when many competitors struggled, we continued to innovate, grow, and win awards. As a sleep tech company, innovation plays a central role in our daily business, and the superior nature of our product portfolio was once again recognised in 2022.
“We will continue our success story into 2023 and beyond by expanding and improving our portfolio of sleep products, as we strive to make a positive impact on people’s lives through better sleep.”