FocalSpec
Financials
Estimates*
| EUR | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|---|
| Revenues | <1m | 1.5m | 2.1m | 4.0m | 8.4m | 14.5m | 16.4m |
| % growth | - | 63 % | 45 % | 87 % | 110 % | 72 % | 13 % |
| EBITDA | <1m | (<1m) | (<1m) | (1.1m) | (<1m) | - | - |
| % EBITDA margin | 1 % | (2 %) | (37 %) | (28 %) | (11 %) | - | - |
| Profit | (<1m) | (<1m) | (1.6m) | (2.1m) | (2.3m) | 5.4m | 4.6m |
| % profit margin | (46 %) | (39 %) | (73 %) | (54 %) | (27 %) | 37 % | 28 % |
| R&D budget | - | 2.0m | 3.0m | 4.0m | 9.0m | - | - |
| R&D % of revenue | - | 135 % | 140 % | 100 % | 107 % | - | - |
Source: Dealroom estimates
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
€800k | Early VC | ||
€200k | Angel | ||
€3.5m | Early VC | ||
€2.5m | Grant | ||
| Total Funding | AUD11.9m | ||
Recent News about FocalSpec
EditFocalSpec, a subsidiary of LMI Technologies, is a pioneering company in the field of 3D scanning and inspection technology. The company specializes in developing advanced 3D Line Confocal sensors, which are used for scanning and inspecting challenging materials such as curved edge display glass, multi-layered glass, and highly reflective electronic parts. These sensors are crucial for industries that require high precision and accuracy in quality control and product inspection.
FocalSpec serves a diverse range of clients across various industries, including consumer electronics, automotive, electric vehicle (EV) batteries, packaging, wood, rubber tire, and road rail industries. The company's technology is particularly beneficial for manufacturers who need to ensure the quality and integrity of their products through automated, inline inspection processes.
Operating in the global market, FocalSpec's business model revolves around the sale and integration of its 3D scanning and inspection sensors. The company offers a variety of products, including 3D laser profilers and structured light snapshot sensors, tailored to meet the specific needs of different applications. Clients can use an interactive application graphic on the company's website to see how these smart 3D sensors work in various industries and select the appropriate sensor model for their needs.
FocalSpec generates revenue primarily through the sale of its high-tech sensors and related software solutions. Additionally, the company provides support and customization services to help clients integrate these sensors into their existing manufacturing processes, thereby enhancing efficiency and product quality.
In summary, FocalSpec is a leader in 3D scanning and inspection technology, serving a wide range of industries with its innovative sensor solutions. The company's focus on precision, automation, and quality control makes it a valuable partner for manufacturers aiming to improve their product inspection processes.
Keywords: 3D scanning, inspection, sensors, automation, quality control, manufacturing, precision, consumer electronics, automotive, EV batteries.