Financials

Estimates*

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Revenues, earnings & profits over time
EUR2017201820192020202120222023
Revenues2.8m3.2m3.2m3.1m3.4m4.0m4.6m
% growth58 %13 %1 %(4 %)10 %16 %15 %
EBITDA(2.4m)(<1m)(1.4m)(<1m)(1.3m)(2.6m)-
% EBITDA margin(85 %)(24 %)(42 %)(17 %)(38 %)(65 %)-
Profit(3.0m)(1.3m)(3.8m)(<1m)(1.9m)(3.0m)-
% profit margin(105 %)(42 %)(116 %)(27 %)(55 %)(76 %)-
R&D budget3.0m3.0m3.0m----
R&D % of revenue106 %93 %92 %----

Source: Dealroom estimates

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DateInvestorsAmountRound
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N/A

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€50.0k

Seed
*

€3.2m

Early VC
*

€2.2m

Early VC
N/A

€2.0m

Seed
*

€7.0m

Late VC
Total FundingCAD21.7m

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