Flypay
Financials
Estimates*
EUR | 2018 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|---|
Revenues | 1.1m | 8.2m | 8.0m | 13.1m | 12.9m |
% growth | - | 669 % | (1 %) | 62 % | (1 %) |
EBITDA | (3.2m) | 1.4m | 1.4m | 3.9m | - |
% EBITDA margin | (300 %) | 18 % | 18 % | 30 % | - |
Profit | (3.4m) | <1m | <1m | 1.9m | - |
% profit margin | (325 %) | 11 % | 5 % | 14 % | - |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
N/A | £200k | Angel | |
£1.0m | Seed | ||
$10.7m | Series A | ||
* | $3.5m | Series A | |
N/A | Support Program | ||
* | £22.0m Valuation: £22.0m 24.9x EV/LTM Revenues -8.3x EV/LTM EBITDA | Acquisition | |
Total Funding | CAD21.5m |
Related Content
Recent News about Flypay
EditFlyt operates in the hospitality technology sector, providing a universal integration platform that connects merchants and service providers with leading Point of Sale (POS) systems. The company serves restaurants and other hospitality operators, enabling them to streamline operations and enhance customer experiences. Flyt's platform offers real-time data on bills and tables, direct menu data integration, seamless order placement, and secure payment processing through integrated gateways. By breaking down information silos and eliminating manual data transfers, Flyt allows businesses to focus on delivering exceptional service. The business model is based on providing a scalable, subscription-based service that integrates with existing POS systems, making money through subscription fees and transaction-based charges. Flyt's clients benefit from reduced integration times, operational efficiencies, and improved customer satisfaction.
Keywords: hospitality technology, POS integration, real-time data, menu management, order processing, payment gateways, seamless operations, subscription service, operational efficiency, customer experience.