Financials

Estimates*

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Revenues, earnings & profits over time
EUR201520162017201820192020
Revenues24.2m35.8m39.1m40.3m36.8m35.7m
% growth-48 %9 %3 %(9 %)(3 %)
EBITDA3.3m6.4m6.3m6.9m5.6m7.9m
% EBITDA margin14 %18 %16 %17 %15 %22 %
Profit4.0m6.1m1.1m<1m<1m1.0m
% profit margin17 %17 %3 %2 %3 %3 %

Source: Dealroom estimates

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DateInvestorsAmountRound

N/A

Buyout

N/A

Debt

$210m

Valuation: $210m

5.3x EV/LTM Revenues

29.6x EV/LTM EBITDA

Acquisition
Total Funding-

Recent News about Abax

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More about Abaxinfo icon
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ABAX is a leading provider of telematics solutions designed to enhance fleet management, asset tracking, and trip logging for businesses of all sizes. Operating primarily in the European market, ABAX serves a diverse range of clients, including small businesses, large enterprises, and public sector organizations. The company's core product offerings include GPS tracking devices, software for trip logging, and comprehensive fleet management systems. These solutions help businesses reduce operational costs, improve efficiency, and ensure compliance with tax regulations. ABAX generates revenue through a subscription-based business model, where clients pay a recurring fee for access to the company's hardware and software services. The company differentiates itself with robust, easy-to-install hardware, reliable network connectivity, and exceptional customer support available 24/7. ABAX's commitment to innovation and customer satisfaction has earned it several ISO certifications, ensuring high standards of quality and reliability.

Keywords: telematics, fleet management, asset tracking, trip logging, GPS tracking, subscription-based, European market, tax compliance, ISO certified, customer support.

Tech stack

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

Investments by Abax

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Trevler (now ABAX)
ACQUISITION by Abax Jun 2015
Stringy
ACQUISITION Jun 2015
Salkatek
ACQUISITION Jan 2015
Movolytics
ACQUISITION by Abax Dec 2023