Tritium

Tritium

Financials

Estimates*

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Revenues, earnings & profits over time
USD202020212022202320242025
Revenues47.0m56.2m85.8m185m479m763m
% growth-20 %53 %115 %159 %59 %
EBITDA(31.4m)(40.0m)(86.4m)(98.8m)39.1m76.0m
% EBITDA margin(67 %)(71 %)(101 %)(54 %)8 %10 %
Profit(34.4m)(63.1m)(128m)(121m)16.9m-
% profit margin(73 %)(112 %)(149 %)(66 %)4 %-
EV / revenue-8.7x9.6x0.9x-0.3x
EV / EBITDA--12.1x-9.5x-1.7x0.0x2.8x
R&D budget9.5m10.5m14.0m15.5m--
R&D % of revenue20 %19 %16 %8 %--
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DateInvestorsAmountRound
-

N/A

-
*
N/A

AUD5.0m

Early VC
*

AUD2.5m

Early VC
*

AUD10.0m

Early VC
*

$30.0m

Late VC

$45.0m

Debt

AUD50.0k

Grant
*

$520m

Valuation: $1.2b

25.5x EV/LTM Revenues

-38.2x EV/LTM EBITDA

SPAC IPO
*

$90.0m

Post IPO Debt
*

$60.0m

Post IPO Debt
*

$75.0m

Post IPO Equity
*

$40.0m

Post IPO Equity
*

N/A

Acquisition
Total Funding€37.6m

Recent News about Tritium

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More about Tritium
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Tritium Charging is a company that specializes in the production and distribution of electric vehicle (EV) chargers. The company operates in the rapidly growing EV market, serving a wide range of clients, from individual EV owners to businesses looking to install charging stations for their customers or employees. Tritium's business model revolves around the sale of their proprietary charging technology, which is designed to be durable, efficient, and adaptable to various environmental conditions.

Tritium's chargers are built to last, with features such as sealed enclosures, liquid cooling, and compact designs that protect and extend the lifespan of the investment. This makes them suitable for use in any environment, from cold regions to hot deserts. The company also offers best-in-class customer service, with qualified engineers available to resolve any issues around the clock.

With over two decades of automotive expertise, Tritium leverages its experience to keep its clients' businesses at the forefront of the e-mobility revolution. The company's financial performance has been strong, with record revenue of $112 million in the first half of 2023, representing a 286% increase over the previous comparable period. This strong performance was supported by a $75 million financing commitment.

In summary, Tritium Charging is a robust player in the EV charging market, offering durable and efficient charging solutions backed by excellent customer service and strong financial performance.

Keywords: Electric Vehicle Charging, Durable, Efficient, Customer Service, Automotive Expertise, Environmental Adaptability, Financial Performance, Revenue Growth, Financing Commitment, E-Mobility.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.