Abax
Financials
Estimates*
EUR | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
---|---|---|---|---|---|---|
Revenues | 24.2m | 35.8m | 39.1m | 40.3m | 36.8m | 35.7m |
% growth | - | 48 % | 9 % | 3 % | (9 %) | (3 %) |
EBITDA | 3.3m | 6.4m | 6.3m | 6.9m | 5.6m | 7.9m |
% EBITDA margin | 14 % | 18 % | 16 % | 17 % | 15 % | 22 % |
Profit | 4.0m | 6.1m | 1.1m | <1m | <1m | 1.0m |
% profit margin | 17 % | 17 % | 3 % | 2 % | 3 % | 3 % |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
N/A | Buyout | ||
N/A | Debt | ||
$210m Valuation: $210m 5.3x EV/LTM Revenues 29.6x EV/LTM EBITDA | Acquisition | ||
Total Funding | - |
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Recent News about Abax
EditABAX is a leading provider of telematics solutions designed to enhance fleet management, asset tracking, and trip logging for businesses of all sizes. Operating primarily in the European market, ABAX serves a diverse range of clients, including small businesses, large enterprises, and public sector organizations. The company's core product offerings include GPS tracking devices, software for trip logging, and comprehensive fleet management systems. These solutions help businesses reduce operational costs, improve efficiency, and ensure compliance with tax regulations. ABAX generates revenue through a subscription-based business model, where clients pay a recurring fee for access to the company's hardware and software services. The company differentiates itself with robust, easy-to-install hardware, reliable network connectivity, and exceptional customer support available 24/7. ABAX's commitment to innovation and customer satisfaction has earned it several ISO certifications, ensuring high standards of quality and reliability.
Keywords: telematics, fleet management, asset tracking, trip logging, GPS tracking, subscription-based, European market, tax compliance, ISO certified, customer support.