Immersive Technologies Pty Limited
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Immersive Technologies Pty Limited - overview
Established
1993
Location
Perth, WA, Australia
Primary Industry
Mining
About
Immersive Technologies Pty Limited delivers advanced simulation solutions for the mining sector, enhancing operator training and performance through innovative technology. Founded in 1993 and headquartered in Perth, Australia, Immersive Technologies specializes in advanced simulation solutions for the mining industry. The company's management acquired Immersive Technologies from Equity Partners Management in September 2006. Anil Gupta serves as CEO, bringing a wealth of experience in the field.
Immersive Technologies specializes in advanced simulation solutions tailored for the mining industry, primarily focusing on optimizing operator training and performance. Their flagship offerings include the IM360+ underground mining simulator and the PRO5 surface mining simulator, designed to enhance training realism. Additionally, the company provides SimControl software that underpins their simulators, delivering precise simulation analytics. Their diverse client base includes leading mining operations and training institutions across North America, Europe, Australia, and South Africa.
In the most recent fiscal year of 2024, Immersive Technologies reported revenue of USD 47. 80 mn and an EBITDA of USD 11. 36 mn. Their revenue model focuses on B2B transactions with mining operators and equipment manufacturers, encompassing direct sales of simulator products and ongoing subscription models for software updates.
Immersive Technologies aims to expand its product offerings and market reach. The company is currently developing new simulation tools set for release within the next year, targeting enhanced functionalities for operator training. They plan to penetrate new markets in Asia and South America by 2025, leveraging recent funding from their Growth round, amounting to USD 5. 00 mn, to support these initiatives.
Primary Industry
Mining
Sub Industries
Metal Mining
Website
www.immersivetechnologies.com
Verticals
Manufacturing
Total Amount Raised
Subscriber access only
Immersive Technologies Pty Limited - timeline of key events
Immersive Technologies Pty Limited - financials
| Fiscal Year Ended | Jun 30, 2016 | Jun 30, 2017 | Jun 30, 2018 | Jun 30, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 27,381,291 | 30,847,500 | 40,425,845 | 52,378,879 | 40,944,278 | 37,675,791 | - | - | - |
| % Revenue Growth (YoY) | - | 12.7% | 31.1% | 29.6% | - | - | - | - | - |
| EBITDA (USD) | 2,920,772 | 5,701,831 | 12,489,152 | 18,335,450 | 15,281,802 | 11,766,907 | - | - | - |
| Operating Income (USD) | 1,489,798 | 4,539,259 | 11,651,902 | 17,364,036 | 13,622,978 | 9,730,503 | - | - | - |
| Operating Margin | 5.4% | 14.7% | 28.8% | 33.2% | 33.3% | 25.8% | - | - | - |
| % EBITDA Margin | 10.7% | 18.5% | 30.9% | 35.0% | 37.3% | 31.2% | - | - | - |
| NET Income (USD) | 1,758,658 | 3,905,354 | 8,807,965 | 12,626,533 | 9,887,359 | 7,215,433 | - | - | - |
| % Net Margin | 6.4% | 12.7% | 21.8% | 24.1% | 24.1% | 19.2% | - | - | - |
Immersive Technologies Pty Limited - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sale to Management | Completed | Immersive Technologies Pty Limited | - | ||||||||
| Growth | Completed | Immersive Technologies Pty Limited | - |
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Immersive Technologies Pty Limited - employee data
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