LTIMindtree
LTIMindtree's exclusive Banking Transformation Practice (formerly Syncordis) offers end-to-end digital banking solutions with global expertise in core banking, financial crime, analytics, and more.
Launch date
Employees
Company register number B 105.331 (Luxembourg)
Strassen Canton Luxembourg (HQ)
Financials
Estimates*
| EUR | 2016 | 2017 | 2019 | 2020 | 2022 |
|---|---|---|---|---|---|
| Revenues | 9.0m | 10.6m | 10.0m | 20.0m | - |
| % growth | - | 18 % | - | 100 % | - |
| EBITDA | 1.9m | 2.3m | <1m | 1.1m | <1m |
| % EBITDA margin | 21 % | 22 % | 1 % | 5 % | - |
| Profit | 1.3m | 1.8m | (<1m) | <1m | (<1m) |
| % profit margin | 15 % | 17 % | (1 %) | 2 % | - |
| R&D budget | 9.0m | 10.0m | 10.0m | 20.0m | - |
| R&D % of revenue | 101 % | 95 % | 100 % | 100 % | - |
Source: Dealroom estimates
| Date | Investors | Amount | Round |
|---|---|---|---|
* | €15.0m | Acquisition | |
| Total Funding | - | ||
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