Grid Dynamics
Financials
Estimates*
USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
---|---|---|---|---|---|---|---|
Revenues | 111m | 211m | 310m | 313m | 333m | 385m | 459m |
% growth | (6 %) | 90 % | 47 % | 1 % | 6 % | 16 % | 19 % |
EBITDA | (15.4m) | 5.1m | (11.4m) | 6.5m | 46.7m | 58.7m | 73.9m |
% EBITDA margin | (14 %) | 2 % | (4 %) | 2 % | 14 % | 15 % | 16 % |
Profit | (12.6m) | (7.7m) | (29.2m) | (1.8m) | (<1m) | 12.0m | 19.5m |
% profit margin | (11 %) | (4 %) | (9 %) | (1 %) | - | 3 % | 4 % |
EV / revenue | 5.8x | 11.0x | 1.9x | 2.4x | 2.3x | 1.9x | 1.4x |
EV / EBITDA | -41.5x | 457.5x | -50.5x | 114.8x | 16.7x | 12.4x | 9.0x |
R&D budget | 9.3m | 8.5m | 15.8m | 14.7m | - | - | - |
R&D % of revenue | 8 % | 4 % | 5 % | 5 % | - | - | - |
Date | Investors | Amount | Round |
---|---|---|---|
$1.5m | Series B | ||
N/A | Acquisition | ||
$15.0m | Early VC | ||
* | N/A | N/A | IPO |
Total Funding | $16.5m |
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Recent News about Grid Dynamics
EditGrid Dynamics is a technology consulting company that specializes in digital transformation services. The company helps businesses modernize their technology infrastructure and improve their operations through the use of advanced technologies like artificial intelligence (AI), machine learning (ML), and data science. Grid Dynamics operates in the enterprise market, serving large corporations across various industries such as retail, finance, technology, and manufacturing.
The company’s business model revolves around providing consulting services and solutions tailored to the specific needs of its clients. This includes everything from developing custom software applications to implementing AI and ML algorithms that can optimize business processes. Grid Dynamics makes money by charging fees for these services, which can be project-based or ongoing support contracts.
One of the key offerings of Grid Dynamics is its "Data Points" series, which are live and virtual events where data science and AI/ML practitioners from leading companies share their projects, use cases, and best practices. These events feature senior and principal data scientists, analytics managers, and operations research experts from various industries. Topics covered include predictive maintenance, natural language processing, fraud detection, demand forecasting, and customer intelligence.
Grid Dynamics stands out by focusing on practical applications of advanced technologies in enterprise operations, including marketing, supply chain management, security, and logistics. The company has a strong track record, with over 1,000 attendees and 50 speakers participating in its events since 2019.
Keywords: digital transformation, AI, ML, data science, enterprise, consulting, technology, optimization, predictive maintenance, customer intelligence.