Codento

Software service provider that worked on digitization and product development.

Launch date

2005

Employees

Company register number 1965324-7

Helsinki Uusimaa (HQ)

http://codento.com

https://twitter.com/codento https://www.facebook.com/codento https://www.linkedin.com/company/codento-oy

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Revenues, earnings & profits over time

EUR	2017	2018	2019	2020	2021	2022	2023
Revenues	3.4m	4.3m	4.2m	3.8m	3.3m	5.2m	6.7m
% growth	(9 %)	25 %	(2 %)	(10 %)	(12 %)	55 %	29 %
EBITDA	<1m	(<1m)	(<1m)	<1m	(<1m)	<1m	-
% EBITDA margin	4 %	(1 %)	(4 %)	4 %	(2 %)	4 %	-
Profit	<1m	(<1m)	(<1m)	<1m	(<1m)	<1m	-
% profit margin	3 %	(1 %)	(5 %)	3 %	(6 %)	2 %	-
R&D budget	3.0m	4.0m	4.0m	4.0m	-	-	-
R&D % of revenue	87 %	93 %	95 %	105 %	-	-	-

Source: Dealroom estimates

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