Fortumo
A digital enablement platform for telco bundling, carrier billing and messaging.
Launch date
Employees
Market cap
-
Enterprise valuation
$41m (Public information from Jun 2020)
Company register number 11378397
Tartu Tartu maakond (HQ)
Financials
Estimates*
| EUR | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Revenues | 26.3m | 23.5m | 24.3m | 35.2m | 54.7m | 6.6m | 7.2m |
| % growth | 22 % | (11 %) | 3 % | 45 % | 56 % | (88 %) | 9 % |
| EBITDA | 1.1m | <1m | 1.1m | 2.2m | (<1m) | <1m | <1m |
| % EBITDA margin | 4 % | 1 % | 5 % | 6 % | (1 %) | 13 % | 10 % |
| Profit | <1m | (<1m) | <1m | 2.1m | (1.2m) | <1m | <1m |
| % profit margin | 4 % | (1 %) | - | 6 % | (2 %) | 7 % | 2 % |
Source: Dealroom estimates
| Date | Investors | Amount | Round |
|---|---|---|---|
$10.0m | Series A | ||
$41.0m Valuation: $41.0m 1.1x EV/LTM Revenues 16.6x EV/LTM EBITDA | Acquisition | ||
| Total Funding | $10.0m | ||
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