Kingsoft Cloud
Kingsoft Cloud is a platform for businesses and developers, providing online cloud storage and cloud distribution services.
Launch date
Employees
Market cap
$521m
Enterprise valuation
$486m (Public information from Sep 2024)
Share price
$2.18 KC
Beijing China (HQ)
Financials
Estimates*
| CNY | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Revenues | 6.6b | 9.1b | 8.2b | 7.0b | 7.5b | 8.0b | 8.9b |
| % growth | 66 % | 38 % | (10 %) | (14 %) | 6 % | 7 % | 11 % |
| EBITDA | (1.1b) | (1.6b) | (2.2b) | (335m) | 331m | 581m | 901m |
| % EBITDA margin | (17 %) | (17 %) | (27 %) | (5 %) | 4 % | 7 % | 10 % |
| Profit | (962m) | (1.6b) | (2.7b) | (2.2b) | (1.2b) | (939m) | (792m) |
| % profit margin | (15 %) | (18 %) | (32 %) | (31 %) | (16 %) | (12 %) | (9 %) |
| EV / revenue | 9.0x | 2.4x | 0.8x | 0.7x | 0.5x | 0.3x | 0.3x |
| EV / EBITDA | -51.6x | -13.6x | -2.9x | -14.6x | 10.3x | 4.4x | 2.5x |
| R&D budget | 775m | 1.0b | 971m | 785m | - | - | - |
| R&D % of revenue | 12 % | 12 % | 12 % | 11 % | - | - | - |
| Date | Investors | Amount | Round |
|---|---|---|---|
$1.8m | Seed | ||
$20.0m | Series A | ||
$66.7m | Series B | ||
$60.0m | Series C | ||
$50.0m | Series C | ||
$300m | Series D | ||
$220m Valuation: $2.1b 11.5x EV/LTM Revenues -37.3x EV/LTM EBITDA | Series D | ||
| N/A | $50.0m Valuation: $2.1b 6.3x EV/LTM Revenues -25.4x EV/LTM EBITDA | Series D | |
* | N/A | $510m Valuation: $3.7b 6.8x EV/LTM Revenues -59.3x EV/LTM EBITDA | IPO |
| Total Funding | $769m | ||
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