Urb-it
Financials
Estimates*
SEK | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|
Revenues | <1m | 1.1m | 3.9m | 11.4m | 30.4m | 40.0m | 41.5m |
% growth | 256 % | 23 % | 256 % | 195 % | 168 % | 32 % | 4 % |
EBITDA | (74.3m) | (40.1m) | (27.4m) | (40.0m) | (78.9m) | (116m) | - |
% EBITDA margin | (8422 %) | (3707 %) | (710 %) | (352 %) | (259 %) | (289 %) | - |
Profit | (110m) | (56.9m) | (41.5m) | (58.8m) | (89.6m) | (124m) | - |
% profit margin | (12484 %) | (5262 %) | (1076 %) | (517 %) | (295 %) | (310 %) | - |
EV / revenue | 148.7x | 80.2x | 37.4x | 36.0x | 26.0x | 0.5x | - |
EV / EBITDA | -1.8x | -2.2x | -5.3x | -10.2x | -10.0x | -0.2x | - |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
* | N/A | $1.8m | Seed |
* | N/A | €2.2m | Seed |
* | N/A | €3.1m Valuation: €3.1m 114.0x EV/LTM Revenues -0.6x EV/LTM EBITDA | Convertible |
* | €2.5m | Early VC | |
* | N/A | N/A | IPO |
* | N/A | N/A | Bankruptcy |
* | N/A | Acquisition | |
Total Funding | $10.4m |
Related Content
Recent News about Urb-it
EditUrb-it is a company focused on accelerating sustainable urban logistics by providing fast, reliable, and emission-free delivery services across the UK, France, and Spain. The company serves a diverse range of clients including e-commerce businesses, high-end brands, and food and flower delivery services. Urb-it operates in the last-mile delivery market, which refers to the final step of the delivery process from a distribution center to the end customer. The business model revolves around offering same-day or next-day delivery services that are integrated into the clients' existing networks of stores or warehouses. Urb-it makes money by charging fees for its delivery services, which are designed to be both efficient and environmentally friendly. The company uses various modes of transportation such as cargo bikes, public transportation, and on-foot couriers to ensure zero emissions. Urb-it's micro-fulfillment operations combine the speed of local deliveries with the efficiency of warehouses, enhancing both delivery speed and environmental credentials. The company has shown significant growth, as evidenced by its expansion into new markets and strong financial performance in recent quarters.
Keywords: sustainable logistics, last-mile delivery, emission-free, e-commerce, micro-fulfillment, cargo bikes, UK, France, Spain, urban logistics.