eDevice
Financials
Estimates*
EUR | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
---|---|---|---|---|---|---|---|
Revenues | 19.6m | 39.0m | 18.4m | 10.7m | 10.7m | 7.0m | 4.7m |
% growth | - | 99 % | (53 %) | (42 %) | - | (35 %) | (33 %) |
EBITDA | 8.2m | 19.1m | - | 3.3m | 2.3m | 1.0m | <1m |
% EBITDA margin | 42 % | 49 % | - | 31 % | 21 % | 15 % | 14 % |
Profit | 7.7m | 12.6m | 5.0m | 2.3m | 1.5m | (<1m) | <1m |
% profit margin | 39 % | 32 % | 27 % | 21 % | 14 % | (4 %) | 8 % |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
$3.4m | Early VC | ||
$11.5m | Early VC | ||
$106m Valuation: $106m 4.9x EV/LTM Revenues 11.8x EV/LTM EBITDA | Acquisition | ||
Total Funding | €13.5m |
Recent News about eDevice
EditeDevice specializes in providing secure Internet of Things (IoT) solutions for remote patient monitoring and the transfer of critical health information. The company operates in the healthcare technology market, serving clients such as healthcare providers, medical device manufacturers, and telehealth companies. eDevice's business model revolves around offering end-to-end solutions that include hardware, firmware, cellular services, middleware, and front-end systems. This comprehensive approach allows clients to quickly deploy reliable and scalable IoT projects. Revenue is generated through the sale of these integrated solutions and ongoing service contracts. With over one million connections in 130 countries, eDevice has established itself as a leader in eHealth connectivity. The company is ISO 13485 certified, reflecting its commitment to quality and regulatory compliance. eDevice continues to innovate in the field of connected healthcare, showcasing its solutions at major industry events and conferences.
Keywords: IoT, remote patient monitoring, healthcare technology, eHealth, medical devices, cellular services, middleware, firmware, secure connectivity, ISO 13485.