TIA Technology
Financials
Estimates*
| EUR | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Revenues | 13.1m | 19.0m | 25.3m | 25.8m | 23.0m | 26.7m | 24.2m |
| % growth | (26 %) | 45 % | 33 % | 2 % | (11 %) | 16 % | (9 %) |
| EBITDA | 1.4m | 3.7m | 4.5m | 5.0m | 1.1m | - | - |
| % EBITDA margin | 11 % | 19 % | 18 % | 19 % | 5 % | - | - |
| Profit | (2.5m) | (<1m) | 1.6m | 1.0m | (1.9m) | 3.2m | (8.6m) |
| % profit margin | (19 %) | (3 %) | 6 % | 4 % | (8 %) | 12 % | (35 %) |
Recent News about TIA Technology
EditTia has has provided open and flexible software to insurers all over the world since 1997. We are the “system of records”, supporting all core processes in an insurance company and we offer a portfolio of add-on solutions supporting digital and analytics.
In 2020, Tia was acquired by Sapiens, further strengthening our software offering to insurers, with enhanced support and development opportunities, as well as access to additional add-on products and offerings.
Together, we continue to bring speed and agility to insurance ecosystems, with the ambition to be the first choice for insurers in our core markets and build long-term relationships with happy customers.
At Tia, our values shape our way of working and help us define and reach our targets:
We’re courageous. We are humble but brave in our approach to the future. Which means that we dare to do the right thing and learn from our mistakes.
We’re competent. Which means that we are professional, skilled and support each other’s growth. Our competence connects us to our customers and their ideas.
We’re curious. Which means that we seek to understand before being understood, and aim to expand our horizons through uncommon channels.
We’re collaborative. Which means that we are open, honest and in it together – across projects, teams and borders.