XOCEAN
Financials
Estimates*
EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|
Revenues | - | <1m | 1.2m | 3.7m | 6.1m | 29.3m | 38.2m |
% growth | - | - | 55 % | 220 % | 65 % | 377 % | 30 % |
EBITDA | <1m | <1m | <1m | <1m | <1m | - | - |
% EBITDA margin | - | 4 % | 17 % | 17 % | 16 % | - | - |
Profit | <1m | <1m | <1m | <1m | <1m | - | - |
% profit margin | - | - | 1 % | - | 1 % | - | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
€200k | Grant | ||
$560k | Angel | ||
* | N/A | $8.8m | Early VC |
* | €1.7m | Grant | |
* | €8.0m Valuation: €100m 157.6x EV/LTM EBITDA | Early VC | |
* | €30.0m | Series B | |
Total Funding | €48.4m |
Related Content
Recent News about XOCEAN
EditXOCEAN specializes in providing turnkey ocean data solutions using Uncrewed Surface Vessels (USVs). The company operates in the ocean economy, serving clients in industries such as shipping, fishing, and offshore energy. XOCEAN's business model revolves around delivering high-quality ocean data for purposes like seabed mapping and environmental monitoring. The company generates revenue by offering customizable data packages tailored to the specific needs of its clients. XOCEAN's approach is both economic and environmentally friendly, focusing on carbon-neutral operations. The company is committed to sustainable development and employs a talented international team driven by the mission to make a positive impact on the planet.
Keywords: Uncrewed Surface Vessels, ocean data, seabed mapping, environmental monitoring, carbon-neutral, turnkey solutions, shipping, fishing, offshore energy, customizable data packages.