Q-Free
Financials
Estimates*
NOK | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|---|---|
Revenues | 962m | 889m | 860m | 949m | 984m | 1.1b |
% growth | - | (8 %) | (3 %) | 10 % | 4 % | 8 % |
EBITDA | 148m | 92.3m | 104m | 78.0m | - | - |
% EBITDA margin | 15 % | 10 % | 12 % | 8 % | - | - |
Profit | (50.0m) | (41.0m) | 58.6m | 2.8m | - | - |
% profit margin | (5 %) | (5 %) | 7 % | - | - | - |
Date | Investors | Amount | Round |
---|---|---|---|
N/A | N/A | IPO | |
NOK800k | Grant | ||
* | NOK6.2m | Buyout | |
* | N/A | Buyout | |
Total Funding | €88.0k |
Related Content
Recent News about Q-Free
EditQ-Free is a global leader in intelligent transportation systems, specializing in advanced traffic management solutions. The company operates in the tolling, law enforcement, parking, and infomobility sectors, providing innovative technologies such as Automatic License Plate Recognition (ALPR) to improve traffic flow and safety. Q-Free serves a diverse clientele, including government agencies, municipalities, and private sector companies, offering both cloud-based and offline solutions. The business model focuses on selling hardware, software, and integrated systems, generating revenue through direct sales, service contracts, and recurring subscription fees for its SaaS offerings. By leveraging state-of-the-art technology, Q-Free aims to enhance the efficiency and effectiveness of transportation systems worldwide.
Keywords: ALPR, tolling, traffic management, law enforcement, parking solutions, infomobility, SaaS, vehicle detection, smart surveillance, mobility enhancement.