Financials

Estimates*

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Revenues, earnings & profits over time
GBP2016201720182019202020212022
Revenues18.8m22.6m28.0m31.8m34.8m37.6m40.2m
% growth21 %20 %24 %14 %9 %8 %7 %
EBITDA5.1m6.0m3.3m6.2m4.0m3.2m3.0m
% EBITDA margin27 %26 %12 %20 %12 %9 %7 %
Profit3.8m4.4m<1m3.8m1.6m(1.3m)(4.9m)
% profit margin20 %20 %2 %12 %5 %(3 %)(12 %)
R&D budget16.7m1.7m1.8m3.6m-7.7m10.5m
R&D % of revenue89 %7 %6 %11 %-20 %26 %

Source: Dealroom estimates

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DateInvestorsAmountRound

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Buyout

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Acquisition
Total Funding-

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