TECO 2030 ASA
Powering the maritime industry's transition to renewable energy through Hydrogen and Fuel Cells.
Launch date
Employees
Market cap
€26.2m
Enterprise valuation
€49m (Public information from Sep 2024)
Share price
NOK1.095 TECO.OL
Company register number 923706747
Norway (HQ)
Financials
Estimates*
| NOK | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenues | 2.0m | 12.1m | 11.3m | - | - | 1.1b |
| % growth | - | 516 % | (6 %) | - | - | - |
| EBITDA | (25.4m) | (43.4m) | (71.2m) | (85.4m) | (15.0m) | 23.0m |
| % EBITDA margin | (1292 %) | (358 %) | (628 %) | - | - | 2 % |
| Profit | (27.2m) | (53.0m) | (93.1m) | (118m) | (40.0m) | (18.0m) |
| % profit margin | (1383 %) | (437 %) | (821 %) | - | - | (2 %) |
| EV / revenue | 392.5x | 60.5x | 167.4x | - | - | 0.6x |
| EV / EBITDA | -30.4x | -16.9x | -26.7x | -10.7x | -45.3x | 31.2x |
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | N/A | IPO | |
* | N/A | - | |
| N/A | $2.5m | Private Placement VC | |
* | $4.7m | Grant | |
* | N/A | NOK11.0m | Private Placement VC |
* | NOK100m | Post IPO Equity | |
* | N/A | Post IPO Equity | |
* | NOK43.0m | Private Placement VC | |
| Total Funding | €12.5m | ||
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