Financials

Estimates*

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Revenues, earnings & profits over time
EUR2017201820192020202120222023
Revenues1.3m1.3m<1m1.2m<1m2.6m2.7m
% growth920 %(5 %)(30 %)32 %(31 %)216 %5 %
EBITDA(2.1m)(1.8m)(2.5m)(1.7m)(1.6m)(1.6m)-
% EBITDA margin(157 %)(144 %)(283 %)(149 %)(202 %)(64 %)-
Profit(3.0m)(2.5m)(3.2m)(2.4m)(2.6m)(3.2m)-
% profit margin(224 %)(197 %)(356 %)(202 %)(322 %)(125 %)-
R&D budget1.0m1.0m<1m1.0m---
R&D % of revenue75 %79 %102 %85 %---

Source: Dealroom estimates

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DateInvestorsAmountRound

N/A

Seed

N/A

Early VC

€50.0k

Grant

€250k

Early VC

N/A

Early VC

€1.1m

Seed

€3.7m

Early VC

€2.3m

Grant
*

N/A

Debt
Total Funding€7.4m

Recent News about Aurelia Turbines

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More about Aurelia Turbinesinfo icon
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Aurelia Turbines is a pioneering company in the energy sector, specializing in the manufacture of highly efficient small gas turbines. These turbines are designed for a variety of applications, including Combined Heat and Power (CHP) systems, steam processes, and the oil and gas industry. What sets Aurelia Turbines apart is their ability to utilize a wide range of renewable and non-standard fuels, making them a versatile and sustainable option for energy generation.

The company primarily serves industrial clients who require reliable and efficient power solutions. This includes sectors such as manufacturing, oil and gas, and renewable energy. Aurelia Turbines operates in the global energy market, with a particular focus on regions looking to transition to more sustainable energy sources.

Aurelia Turbines' business model revolves around the design, manufacture, and sale of their advanced gas turbines. They generate revenue through direct sales of their turbines, as well as through long-term service agreements and maintenance contracts. The company also benefits from partnerships with exclusive technology providers, ensuring that their products are built using proven and reliable technologies.

Recently, Aurelia Turbines has been recognized as one of Finland's leading startups in the hydrogen sector. This recognition underscores their commitment to innovation and sustainability. The company has successfully completed its first commercial turbine deliveries, including multiple shipments to Germany, demonstrating their growing market presence and operational capability.

In summary, Aurelia Turbines is a forward-thinking company that combines state-of-the-art turbine design with the ability to meet modern energy demands. Their focus on efficiency, versatility, and sustainability positions them well in the evolving energy landscape.

Keywords: Efficient, Gas Turbines, Renewable Fuels, CHP, Steam Processes, Hydrogen, Industrial Clients, Global Market, Sustainable Energy, Innovation.

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