Avalon Nordic Oy
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Avalon Nordic Oy - overview
Established
2013
Location
Vaasa, -, Finland
Primary Industry
Power & Utilities
About
Avalon Nordic Oy is a Finnish company specializing in high-performance outdoor and recreational products, specifically catering to the needs of Nordic skiing and biathlon enthusiasts through innovative gear and apparel. Founded in 2013 in Vaasa, Finland, Avalon Nordic Oy focuses on outdoor and recreational products. The company was established by individuals passionate about winter sports, aiming to enhance the skiing experience for both amateur and professional users in various global markets, particularly Europe and North America. Avalon Nordic specializes in providing innovative solutions within the realm of outdoor and recreational products, focusing on high-performance gear for Nordic skiing and biathlon.
Their core offerings include advanced ski equipment, extreme weather apparel, and accessories designed to enhance the skiing experience. These products cater to a diverse clientele, including individual sports enthusiasts, professional teams, and specialized retailers, ensuring they meet the performance, durability, and comfort needs of users across various skill levels. The company markets its products primarily in Europe and North America, targeting regions with a strong culture of winter sports, such as Scandinavia and the northeastern United States. In 2023, Avalon Nordic generated revenue of USD 2.
14 mn and reported an EBITDA of USD 138,909. The company generates income through direct-to-consumer sales and partnerships with outdoor and sports equipment retailers, employing a mix of one-time purchases and subscription models for seasonal gear rental services. Their pricing structure accommodates different consumer segments, and they engage clients primarily through an online platform, supported by wholesale partnerships and sponsorships with sports organizations. Avalon Nordic intends to introduce new product lines designed specifically for the upcoming winter sports season, with launches expected in late 2024.
The company plans to expand into new markets, focusing on the Alpine regions of Switzerland and Austria by 2025. Recent funding will be allocated to support product development, marketing efforts for these new geographic expansions, and bolstering the online sales platform to enhance customer engagement.
Primary Industry
Power & Utilities
Sub Industries
Water & Sewer Utilities
Website
www.avalonnordic.com
Total Amount Raised
Subscriber access only
Avalon Nordic Oy - timeline of key events
Avalon Nordic Oy - financials
| Fiscal Year Ended | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 1,039,543.8 | 884,989.7 | 1,348,769.1 | 1,302,425.6 | 1,830,640.9 | 2,683,645.2 | 2,044,032.9 | 1,687,663.5 | - | - | - |
| % Revenue Growth (YoY) | - | (14.9%) | 52.4% | (3.4%) | 40.6% | 46.6% | (23.8%) | (17.4%) | - | - | - |
| EBITDA (USD) | (118,243.2) | 80,444.7 | 185,332.7 | 51,274.6 | 149,365.8 | 382,064.2 | 202,987 | (104,389.2) | - | - | - |
| Operating Income (USD) | (121,144.6) | 76,943.6 | 160,443.3 | 31,522.9 | 133,467.4 | 369,455.7 | 192,546 | (113,834.1) | - | - | - |
| Operating Margin | (11.7%) | 8.7% | 11.9% | 2.4% | 7.3% | 13.8% | 9.4% | (6.7%) | - | - | - |
| % EBITDA Margin | (11.4%) | 9.1% | 13.7% | 3.9% | 8.2% | 14.2% | 9.9% | (6.2%) | - | - | - |
| NET Income (USD) | (142,186.4) | 53,509.5 | 127,847.2 | 5,075.4 | 94,090.7 | 282,944.6 | 147,363.4 | (114,462.9) | - | - | - |
| % Net Margin | (13.7%) | 6.0% | 9.5% | 0.4% | 5.1% | 10.5% | 7.2% | (6.8%) | - | - | - |
Avalon Nordic Oy - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Ecolator Finland | - |
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Avalon Nordic Oy - employee data
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