Airthings
Financials
Estimates*
EUR | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
---|---|---|---|---|---|---|---|
Revenues | 1.7m | 2.8m | 30.6m | 32.2m | 33.3m | 52.8m | 69.2m |
% growth | (82 %) | 59 % | 1007 % | 5 % | 3 % | 59 % | 31 % |
EBITDA | (<1m) | (<1m) | (7.0m) | (8.3m) | (5.7m) | (<1m) | 5.1m |
% EBITDA margin | (8 %) | (25 %) | (23 %) | (26 %) | (17 %) | - | 7 % |
Profit | (<1m) | (<1m) | (6.6m) | (9.6m) | (5.7m) | (2.5m) | 1.4m |
% profit margin | (7 %) | (19 %) | (22 %) | (30 %) | (17 %) | (5 %) | 2 % |
EV / revenue | - | 73.4x | 5.5x | 1.7x | 1.5x | 0.9x | 0.7x |
EV / EBITDA | - | -297.1x | -23.9x | -6.7x | -8.8x | -622.2x | 10.1x |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
* | N/A | - | |
N/A | N/A | Late VC | |
€520k | Grant | ||
NOK7.0m | Grant | ||
* | N/A | NOK55.0m | Early VC |
N/A | N/A | IPO | |
* | NOK750k | Post IPO Equity | |
Total Funding | AUD12.5m |
Recent News about Airthings
EditAirthings is a company specializing in the development and sale of advanced radon and indoor air quality monitors. These devices are equipped with sensors that measure various environmental factors such as radon levels, temperature, humidity, pressure, and the presence of volatile organic compounds (VOCs), carbon dioxide (CO2), and particulate matter (PM 2.5 and PM 1). The company's products are designed to help users understand and improve the air quality in their homes and workplaces, thereby promoting better health and comfort.
Airthings serves a diverse range of clients, including homeowners, businesses, and professionals in the radon mitigation industry. The company operates in the global market for indoor air quality solutions, which is experiencing significant growth due to increasing awareness of the health impacts of poor air quality.
The business model of Airthings revolves around the sale of its monitoring devices through its online store and various retail partners. The company offers free shipping, a 45-day money-back guarantee, and a warranty on its products, which enhances customer satisfaction and trust. Additionally, Airthings generates revenue through the sale of accessories and complementary products that enhance the functionality of its monitors.
Airthings makes money primarily through direct sales of its devices and accessories. The company also benefits from repeat customers who purchase additional units or upgrade to newer models as they become available. By continuously innovating and adding new features to its products, such as mold risk indication and battery-operated sensors, Airthings maintains a competitive edge in the market.
Keywords: Radon, Indoor air quality, Monitors, Sensors, VOCs, CO2, Temperature, Humidity, Mold risk, Health.