App gives Just Eat tasty profits
Published 08/11/2016 | 02:30
New accounts filed by Just Eat Ireland show the firm's profits rose last year by 213pc to €2m.
The firm also grew orders by 40pc. Numbers employed by the business last year declined by five to 36 with employment costs totalling €1.43m.
The cash pile at the firm increased from €1.4m to €1.9m. Shareholder funds at the end of December last totalled €2.29m.
"Just Eat Ireland has enjoyed a strong period of growth," said Just Eat Ireland's MD Amanda Roche Kelly. "Now with more than 1,800 restaurant partners offering a range of over 30 cuisine types, growth continues for us here in Ireland."
"The Just Eat app has been downloaded over 700,000 times since it launched in October 2013. It is the number one app under 'Food & Drink' in the App Store in Ireland and has been consistently since launch," she said. "Over 76pc of all Just Eat orders go through mobile devices, whether through the app or mobile site.
"As an online company, we are always looking for new and innovative ways to improve that user experience and make it even easier for the end user, be they customers or restaurant partners." Earlier this year, the company increased its commission by one percentage point to 13pc.
When it established itself in Ireland eight years ago, the company charged 8pc on orders made through the service,
This subsequently increased to 10pc before jumping another two percentage points to 12pc in 2014.