Tungsten Corporation
Tungsten Network is a global electronic invoicing firm that provides supply chain financing services from international offices in the United Kingdom, United States, Bulgaria, Germany, and Malaysia.
Launch date
Employees
Market cap
-
Enterprise valuation
€74m (Public information from May 2022)
Company register number 03958038
London England (HQ)
Financials
Estimates*
| EUR | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Revenues | 16.3m | 17.3m | 18.6m | 20.8m | 20.7m | 21.1m | 22.9m |
| % growth | (1 %) | 6 % | 8 % | 11 % | - | 2 % | 9 % |
| EBITDA | (12.6m) | (5.6m) | (1.6m) | (<1m) | 2.9m | 3.5m | 4.6m |
| % EBITDA margin | (77 %) | (32 %) | (8 %) | (5 %) | 14 % | 17 % | 20 % |
| Profit | (13.0m) | (6.2m) | (1.5m) | (1.6m) | <1m | <1m | 1.1m |
| % profit margin | (80 %) | (36 %) | (8 %) | (7 %) | 3 % | 3 % | 5 % |
Source: Dealroom estimates
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
| N/A | $10.1m | Early VC | |
N/A | Growth Equity VC | ||
$6.4m | Early VC | ||
| N/A | N/A | IPO | |
* | £61.5m Valuation: £61.5m 3.5x EV/LTM Revenues 21.2x EV/LTM EBITDA | Acquisition | |
* | N/A | Acquisition | |
| Total Funding | €15.0m | ||
Related Content
Recent News about Tungsten Corporation
EditTech stack
Tech stackLearn more about the technologies and tools that this company uses.