Telit Wireless Solutions
Financials
Estimates*
EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|---|---|
Revenues | 341m | 388m | 357m | 313m | 460m | - |
% growth | - | 14 % | (8 %) | (12 %) | 47 % | - |
EBITDA | (5.5m) | 3.6m | 18.2m | 20.9m | 54.0m | - |
% EBITDA margin | (2 %) | 1 % | 5 % | 7 % | 12 % | - |
Profit | (47.3m) | (32.7m) | 42.7m | 5.5m | 20.4m | - |
% profit margin | (14 %) | (8 %) | 12 % | 2 % | 4 % | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | N/A | IPO | |
N/A | N/A | Early VC | |
N/A | N/A | Early VC | |
N/A | $25.5m | Debt | |
Total Funding | - |
Recent News about Telit Wireless Solutions
EditTelit is a leading provider of Internet of Things (IoT) solutions, specializing in secure connectivity and data management for a wide range of industries including agriculture, construction, EV charging, healthcare, and smart cities. The company offers expertly engineered modules and gateways that extend data security to the edge, ensuring reliable infrastructure and secure manufacturing. Telit's connectivity services and data plans deliver secure connections over industry-leading networks, enabling businesses to manage IoT devices and connectivity seamlessly. The company serves a diverse client base, from small enterprises to large corporations, operating in various markets such as smart energy, transportation, and supply chain management. Telit generates revenue through the sale of IoT modules, gateways, and connectivity services, as well as through data plans and consulting services. The business model focuses on providing end-to-end IoT solutions that enhance operational efficiency, security, and sustainability for its clients.
Keywords: IoT, secure connectivity, data management, smart cities, EV charging, healthcare, agriculture, smart energy, supply chain, transportation.