Goodmill Systems

Goodmill Systems

High end critical broadband solutions. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
CAD600—900k (Dealroom.co estimates Jan 2016.)
Company register number 1986327-9
Espoo Uusimaa (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
EUR2017201820192020202120222023
Revenues1.7m1.3m2.6m1.8m2.2m2.3m2.3m
% growth6 %(22 %)95 %(32 %)26 %5 %-
EBITDA<1m(<1m)<1m<1m<1m<1m-
% EBITDA margin36 %(2 %)23 %17 %37 %7 %-
Profit<1m(<1m)<1m(<1m)(<1m)<1m-
% profit margin2 %(42 %)3 %(9 %)(7 %)1 %-
R&D budget2.0m1.0m3.0m2.0m---
R&D % of revenue119 %76 %117 %114 %---

Source: Dealroom estimates

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DateInvestorsAmountRound
-

N/A

-

€100k

Seed

€1.4m

Grant
N/A

€1.4m

Grant
Total FundingCAD4.2m

Recent News about Goodmill Systems

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More about Goodmill Systemsinfo icon
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Goodmill Systems is a pioneering startup that specializes in providing seamless and reliable broadband connectivity for mobile applications. The company operates in the field of critical communications, serving clients such as public safety and security organizations, healthcare providers, and public transportation systems. Goodmill Systems ensures uninterrupted internet connectivity by combining multiple broadband networks into a single, robust connection. This technology is particularly useful for field operations where consistent and reliable data access is crucial.

The market Goodmill Systems operates in is the critical mobile broadband sector, which includes emergency services like police, ambulance, and fire departments, as well as other sectors requiring reliable mobile internet. The company’s unique selling proposition is its ability to switch seamlessly between the best available broadband networks, ensuring that users remain connected even while on the move.

Goodmill Systems employs a business model that focuses on partnerships and advanced multi-channel sales. They collaborate extensively with existing and new market players to expand their reach and ensure a steady volume of business. This approach not only helps in market penetration but also in maintaining a consistent revenue stream.

The company makes money by selling its advanced mobile broadband routers and related services to organizations that require reliable and continuous internet connectivity. Their products are designed to meet the high demands of critical field operations, making them indispensable for their clients.

In summary, Goodmill Systems is a leader in mobile broadband connectivity, offering innovative solutions to ensure uninterrupted internet access for critical applications. Their focus on partnerships and multi-channel sales strategies has positioned them well in the market.

Keywords: broadband, mobile, router, networking, online, sd-wan, IoT, emergency, police, ambulance, fire.

Tech stack

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