CyanConnode

World leader in the design and development of Narrowband RF mesh networks that enable Omni Internet of Things (IoT) communications.

Launch date

Nov 2002

Employees

Market cap

Enterprise valuation

CAD55m (Public information from Sep 2024)

Company register number 04724479

Cambridge England (HQ)

http://cyanconnode.com

https://twitter.com/cyanconnode https://www.linkedin.com/company/cyanconnode

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Revenues, earnings & profits over time

GBP	2019	2020	2021	2022	2023	2024	2025
Revenues	2.3m	-	6.4m	9.6m	11.7m	18.7m	25.5m
% growth	-	-	-	49 %	23 %	60 %	36 %
EBITDA	(4.8m)	(4.4m)	(2.0m)	(<1m)	(1.9m)	(2.6m)	-
% EBITDA margin	(208 %)	-	(32 %)	(4 %)	(16 %)	(14 %)	-
Profit	(4.6m)	-	(2.1m)	(<1m)	(2.4m)	(3.8m)	-
% profit margin	(199 %)	-	(32 %)	(9 %)	(21 %)	(20 %)	-
R&D budget	-	-	<1m	<1m	<1m	1.6m	-
R&D % of revenue	-	-	5 %	2 %	3 %	8 %	-

Source: Dealroom estimates

Date	Investors	Amount	Round
Dec 2005	N/A	N/A	IPO
Total Funding		-

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