EcoSynthetix
A renewable chemicals company providing competitive solutions to real world challenges with its bio-based materials.
Launch date
Employees
Market cap
AUD275m
Enterprise valuation
AUD225m (Public information from Sep 2024)
Share price
CAD4.33 ECO.TO
Lansing Michigan (HQ)
Financials
Estimates*
USD | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|
Revenues | 17.0m | 21.7m | 18.4m | 13.7m | 18.2m | 19.0m | 12.7m |
% growth | - | 27 % | (15 %) | (26 %) | 33 % | 5 % | (33 %) |
EBITDA | (5.6m) | (1.9m) | (1.2m) | (1.6m) | (1.9m) | (1.8m) | (3.7m) |
% EBITDA margin | (33 %) | (9 %) | (6 %) | (11 %) | (10 %) | (9 %) | (30 %) |
Profit | (6.1m) | (2.4m) | (1.5m) | (2.4m) | (3.2m) | (2.4m) | (2.8m) |
% profit margin | (36 %) | (11 %) | (8 %) | (18 %) | (18 %) | (12 %) | (22 %) |
EV / revenue | 3.0x | 1.8x | 4.2x | 9.0x | 12.5x | 8.1x | 10.1x |
EV / EBITDA | -9.1x | -21.1x | -64.9x | -78.7x | -122.1x | -87.2x | -34.0x |
R&D budget | 4.5m | 2.1m | 1.7m | 1.4m | 1.8m | 1.9m | 2.3m |
R&D % of revenue | 26 % | 10 % | 9 % | 10 % | 10 % | 10 % | 18 % |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$8.7m | Series A | ||
N/A | Early VC | ||
$10.1m | Series A | ||
N/A | $7.2m | Early VC | |
N/A | N/A | IPO | |
Total Funding | AUD40.2m |
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