Damovo

Damovo

Damovo delivers technology-enabled business efficiencies to enterprises around the world. Learn more

Financials

Estimates*

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Revenues, earnings & profits over time
EUR201520162017201820192020
Revenues13.8m13.0m13.5m11.8m14.6m12.3m
% growth-(6 %)4 %(13 %)23 %(16 %)
EBITDA1.0m(<1m)(<1m)(1.2m)(<1m)(<1m)
% EBITDA margin7 %(7 %)(3 %)(10 %)(1 %)(2 %)
Profit1.2m(1.0m)(<1m)(1.3m)(<1m)(<1m)
% profit margin9 %(8 %)(4 %)(11 %)(1 %)(2 %)

Source: Dealroom estimates

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DateInvestorsAmountRound
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Acquisition
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Recent News about Damovo

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More about Damovoinfo icon
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Damovo is a leading provider of Information and Communication Technology (ICT) solutions and services tailored for enterprises. Operating primarily in Europe, the Middle East, Africa, and Asia Pacific, Damovo specializes in advanced business communication technologies that help organizations stay ahead in a digitally transforming world. The company offers a comprehensive portfolio of services, including Unified Communications and Collaboration (UCC), which are essential for creating a secure hybrid workforce and ensuring business continuity.

Damovo serves a diverse range of clients, from large corporations to specialized sectors like the Belgian pharmacy market. The company is recognized for its expertise in Microsoft Teams and 365 Azure-based solutions, providing best-in-class services that enhance productivity and collaboration. Damovo's business model revolves around offering tailored ICT solutions that meet the specific needs of its clients, thereby driving growth and market share.

Revenue is generated through a combination of service contracts, technology implementation, and ongoing support and maintenance. The company is the only platinum service provider certified to deliver and support a complete technology portfolio across its operating regions, ensuring high-quality service and customer satisfaction.

Keywords: ICT solutions, business communication, hybrid workforce, UCC, Microsoft Teams, 365 Azure, enterprise services, digital transformation, business continuity, EMEA.

Tech stack

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

Investments by Damovo

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Netfarmers
ACQUISITION by Damovo Nov 2016