CyanConnode

World leader in the design and development of Narrowband RF mesh networks that enable Omni Internet of Things (IoT) communications.

Launch date

Nov 2002

Employees

Market cap

Enterprise valuation

€36m (Public information from Sep 2024)

Company register number 04724479

Cambridge England (HQ)

http://cyanconnode.com

https://twitter.com/cyanconnode https://www.linkedin.com/company/cyanconnode

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Revenues, earnings & profits over time

GBP	2019	2020	2021	2022	2023	2024	2025
Revenues	2.3m	-	6.4m	9.6m	11.7m	18.7m	25.5m
% growth	-	-	-	49 %	23 %	60 %	36 %
EBITDA	(4.8m)	(4.4m)	(2.0m)	(<1m)	(1.9m)	(2.6m)	-
% EBITDA margin	(208 %)	-	(32 %)	(4 %)	(16 %)	(14 %)	-
Profit	(4.6m)	-	(2.1m)	(<1m)	(2.4m)	(3.8m)	-
% profit margin	(199 %)	-	(32 %)	(9 %)	(21 %)	(20 %)	-
R&D budget	-	-	<1m	<1m	<1m	1.6m	-
R&D % of revenue	-	-	5 %	2 %	3 %	8 %	-

Source: Dealroom estimates

Date	Investors	Amount	Round
Dec 2005	N/A	N/A	IPO
Total Funding		-

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