Eneti
Renewable energy solutions through innovative marine installations, with a focus on wind power and reducing greenhouse gas emissions.
Launch date
Employees
Market cap
€398m
Enterprise valuation
€377m (Public information from Jan 2024)
Share price
$11.33 NETI
Monaco (HQ)
Financials
Estimates*
| USD | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenues | 225m | 164m | 139m | 199m | 128m | 127m | 236m |
| % growth | (7 %) | (27 %) | (15 %) | 43 % | (36 %) | (1 %) | 86 % |
| EBITDA | 188m | (91.0m) | (35.1m) | 135m | 24.0m | 35.0m | 128m |
| % EBITDA margin | 84 % | (56 %) | (25 %) | 68 % | 19 % | 28 % | 54 % |
| Profit | 44.7m | (672m) | 26.1m | 105m | (44.0m) | (9.0m) | 45.0m |
| % profit margin | 20 % | (410 %) | 19 % | 53 % | (34 %) | (7 %) | 19 % |
| EV / revenue | 5.0x | 4.0x | 2.0x | 1.6x | 3.0x | 5.3x | 3.3x |
| EV / EBITDA | 6.0x | -7.2x | -8.1x | 2.4x | 16.1x | 19.2x | 6.1x |
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | N/A | IPO | |
* | N/A | Post IPO Equity | |
* | N/A | Acquisition | |
* | $436m | Post IPO Debt | |
| Total Funding | - | ||
