TrustWeaver
Financials
Estimates*
| EUR | 2015 | 2016 | 2017 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Revenues | 3.4m | 3.9m | 4.5m | 9.7m | 7.2m | 7.8m | 10.3m |
| % growth | - | 13 % | 16 % | - | (25 %) | 8 % | 32 % |
| EBITDA | <1m | <1m | <1m | 1.8m | 1.7m | (3.2m) | 3.4m |
| % EBITDA margin | 2 % | 4 % | 10 % | 18 % | 23 % | (42 %) | 33 % |
| Profit | (<1m) | (<1m) | <1m | 1.2m | 1.5m | (3.6m) | 2.9m |
| % profit margin | (3 %) | (1 %) | 4 % | 12 % | 20 % | (46 %) | 28 % |
Source: Dealroom estimates
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Recent News about TrustWeaver
EditTrustWeaver provides comprehensive tax compliance and regulatory reporting software solutions that integrate e-invoicing compliance, tax determination, and tax reporting into a unified global platform. Serving a diverse range of clients, including half of the Fortune 500 companies, TrustWeaver operates in a complex and ever-evolving market where regulatory requirements are becoming increasingly stringent. The company leverages award-winning cloud technology and the expertise of over 100 regulatory specialists to support 12,000 customers across 19,000 tax jurisdictions in 70 countries. TrustWeaver's business model revolves around offering subscription-based software services that help businesses streamline their tax compliance processes, reduce risks, and ensure adherence to local and international tax regulations. By embedding their solutions into existing business process platforms, TrustWeaver enhances operational agility and efficiency for its clients. The company generates revenue through subscription fees, implementation services, and ongoing support contracts.
Keywords: tax compliance, regulatory reporting, e-invoicing, tax determination, cloud technology, Fortune 500, subscription-based, global platform, regulatory experts, business agility.