Haltian
Financials
Estimates*
| EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenues | 6.8m | 5.6m | 6.3m | 9.0m | 15.5m | 19.8m | 22.5m |
| % growth | (2 %) | (19 %) | 13 % | 44 % | 71 % | 28 % | 14 % |
| EBITDA | <1m | (1.6m) | (2.4m) | (1.9m) | (3.0m) | (4.4m) | - |
| % EBITDA margin | 11 % | (29 %) | (39 %) | (21 %) | (19 %) | (22 %) | - |
| Profit | (<1m) | (2.2m) | (3.5m) | (2.4m) | (3.6m) | (6.0m) | - |
| % profit margin | (14 %) | (40 %) | (55 %) | (27 %) | (23 %) | (30 %) | - |
| R&D budget | 8.0m | 6.0m | 7.0m | 9.0m | - | - | - |
| R&D % of revenue | 117 % | 108 % | 111 % | 99 % | - | - | - |
Source: Dealroom estimates
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
* | €4.5m | Early VC | |
$10.2m | Early VC | ||
* | $7.2m Valuation: $50.9m 3.0x EV/LTM Revenues -15.5x EV/LTM EBITDA | Late VC | |
* | €22.0m | Late VC | |
| Total Funding | €42.3m | ||
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Recent News about Haltian
EditHaltian specializes in providing custom Internet of Things (IoT) solutions and world-class product design services. The company serves a diverse range of clients, including businesses looking to implement IoT ecosystems, improve employee well-being through smart office solutions, and develop innovative products. Haltian operates in the IoT and product design market, offering end-to-end solutions from initial concept to deployment. Their business model includes offering a hosted IoT platform and ecosystem as a service, as well as bespoke product development services. Revenue is generated through service contracts, product sales, and ongoing support agreements.
Keywords: IoT, product design, smart office, digital twin, environmental monitoring, fill rate monitoring, Thingsee, Empathic Building, hosted platform, custom solutions.