Financials

Estimates*

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Revenues, earnings & profits over time
EUR201820192020202120222023
Revenues7.3m7.6m4.1m4.5m4.5m4.7m
% growth-5 %(47 %)11 %-3 %
EBITDA(1.4m)(1.9m)(2.7m)(1.5m)--
% EBITDA margin(19 %)(25 %)(66 %)(33 %)--
Profit(2.2m)(2.9m)(3.9m)(3.0m)--
% profit margin(30 %)(38 %)(95 %)(65 %)--
R&D budget7.0m8.0m----
R&D % of revenue96 %105 %----

Source: Dealroom estimates

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DateInvestorsAmountRound

€160k

Early VC

€2.3m

Early VC

€50.0k

Grant

€8.0m

Lending Capital

€4.5m

Early VC
Total FundingAUD11.9m

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