Novanta

Designs, develops, manufactures, and sells precision photonic and motion control components.

Launch date

1968

Employees

1001-5000 people

Market cap

Enterprise valuation

CAD9.0b (Public information from Sep 2024)

Bedford Texas (HQ)

http://novanta.com

https://twitter.com/novantainc https://www.linkedin.com/company/novanta-inc/

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Revenues, earnings & profits over time

USD	2020	2021	2022	2023	2024	2025	2026
Revenues	591m	707m	861m	882m	973m	1.1b	1.2b
% growth	(6 %)	20 %	22 %	2 %	10 %	10 %	9 %
EBITDA	103m	144m	165m	183m	219m	250m	273m
% EBITDA margin	17 %	20 %	19 %	21 %	23 %	23 %	23 %
Profit	44.5m	50.3m	74.1m	72.9m	72.8m	104m	119m
% profit margin	8 %	7 %	9 %	8 %	7 %	10 %	10 %
EV / revenue	7.2x	9.3x	6.0x	7.1x	6.8x	6.1x	4.8x
EV / EBITDA	41.3x	45.9x	31.4x	34.3x	30.0x	26.3x	20.6x
R&D budget	61.0m	72.5m	85.8m	91.7m	-	-	-
R&D % of revenue	10 %	10 %	10 %	10 %	-	-	-

Source: Dealroom estimates

Date	Investors	Amount	Round
Apr 1999	N/A	N/A	IPO
Total Funding		-

Tech stackLearn more about the technologies and tools that this company uses.

By Country

United States 8 United Kingdom 2 Germany 1

By Industry

Health 4 Semiconductors 2 Transportation 2 Engineering and Manufacturing Equipment 1 Energy 1

By Round

Jadak Technologies

ACQUISITION by Novanta Feb 2014

World of Medicine

ACQUISITION by Novanta Jun 2017

ACQUISITION by Novanta Nov 2015

Reach Technology

ACQUISITION by Novanta May 2016

Motion Solutions

ACQUISITION by Novanta Nov 2023

Excel Technology

ACQUISITION by Novanta Aug 2008

ACQUISITION by Novanta Feb 2015

ACQUISITION by Novanta Dec 2003

ACQUISITION by Novanta Oct 2018

Schneider Electric Motion

ACQUISITION by Novanta Jul 2021