Noble Iron
Financials
Estimates*
CAD | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|
Revenues | 4.7m | 6.1m | 5.7m | 5.9m | 6.7m | - | - |
% growth | - | 31 % | (6 %) | 2 % | 15 % | - | - |
EBITDA | (2.6m) | (2.4m) | (3.5m) | (<1m) | <1m | (3.1m) | (3.2m) |
% EBITDA margin | (57 %) | (40 %) | (61 %) | (4 %) | 5 % | - | - |
Profit | 20.2m | (3.1m) | (3.8m) | (<1m) | <1m | 31.6m | 1.9m |
% profit margin | 433 % | (51 %) | (65 %) | (2 %) | 4 % | - | - |
EV / revenue | -1.4x | 0.2x | 0.1x | 0.5x | 2.1x | - | - |
EV / EBITDA | 2.4x | -0.5x | -0.1x | -12.5x | 39.4x | 0.7x | 0.2x |
R&D budget | 1.1m | 1.7m | 2.7m | 1.3m | 1.8m | - | - |
R&D % of revenue | 24 % | 27 % | 47 % | 23 % | 27 % | - | - |
Date | Investors | Amount | Round |
---|---|---|---|
N/A | N/A | IPO | |
N/A | $6.0m | Late VC | |
N/A | N/A | - | |
Total Funding | €5.5m |
Recent News about Noble Iron
EditNoble Iron is a technology-driven company specializing in rental asset management solutions. The company serves businesses that require efficient management of rental assets, such as construction equipment and machinery. Operating primarily in the asset management market, Noble Iron leverages its proprietary software and technology platforms to help clients streamline operations, increase productivity, and maximize revenue. The business model revolves around providing software-as-a-service (SaaS) solutions, which generate recurring revenue through subscription fees. Noble Iron's clients benefit from easy-to-use, instant management tools that simplify complex asset management tasks, allowing them to focus on growing their businesses. The company is committed to continuous innovation, drawing on its extensive industry experience to develop cutting-edge products that meet the evolving needs of its customers. Noble Iron's team values collaboration, urgency, and initiative, fostering a culture of rapid learning and resilience. The company also encourages taking calculated risks and learning from mistakes to drive impactful solutions.
Keywords: rental asset management, SaaS, efficiency, productivity, revenue, technology, innovation, construction equipment, machinery, software platforms.