ReNu Energy

Creates and delivers downhole solutions that enable enhanced well economics, performance and lifespan.

Launch date

Nov 2000

Employees

Market cap

Enterprise valuation

AUD1m (Public information from Sep 2024)

Company register number 095006090

Brisbane Queensland (HQ)

https://renuenergy.com.au/

https://twitter.com/renuenergyltd https://www.facebook.com/kamervankoophandel https://www.linkedin.com/company/geodynamics-limited

Revenues, earnings & profits over time

EUR	2017	2018	2019	2020	2021	2022	2023
Revenues	-	<1m	<1m	<1m	-	-	-
% growth	-	-	408 %	(88 %)	-	-	-
EBITDA	(2.9m)	(3.2m)	(1.8m)	(1.6m)	(<1m)	(1.5m)	(<1m)
% EBITDA margin	-	(2242 %)	(246 %)	(1760 %)	-	-	-
Profit	(3.5m)	(3.1m)	(2.1m)	(2.7m)	(<1m)	(1.7m)	(<1m)
% profit margin	-	(2175 %)	(286 %)	(2981 %)	-	-	-
EV / revenue	-	42.9x	5.7x	-3.3x	-	-	-
EV / EBITDA	-	-1.9x	-2.3x	0.2x	-4.7x	-3.5x	-17.5x

Date	Investors	Amount	Round
Sep 2002	N/A	N/A	IPO
Sep 2008	Tata Power Solar	$29.4m	Post IPO Equity
Nov 2009	N/A	$89.5m	Grant
Total Funding		AUD138m

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

Connor Oil Tools

ACQUISITION by ReNu Energy May 2015

ACQUISITION by ReNu Energy Sep 2015