ChargePoint Services Limited
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ChargePoint Services Limited - overview
Established
2010
Location
London, England, UK
Primary Industry
Energy Storage & Batteries
About
ChargePoint Services Limited specializes in electric vehicle (EV) charging solutions, providing innovative products that improve access and convenience for users transitioning to sustainable transportation. Founded in 2010, ChargePoint Services Limited operates in London, UK, focusing on advanced EV charging infrastructure. The company was acquired by ENGIE SA in June 2019. It has secured approximately USD 1.
50 mn through its latest funding round, with Hazel Capital and IQ Capital as investors. The company has completed 2 deals to date. ChargePoint Services Limited provides advanced electric vehicle (EV) charging solutions designed for both public and private sectors. Their offerings include a variety of EV charging infrastructure products aimed at enhancing accessibility and efficiency for EV users, while integrating renewable energy sources.
The company serves municipalities, commercial fleets, and residential developments across the UK and selected European regions, focusing on innovative technologies and user-friendly interfaces to support the transition to electric mobility. In the most recent fiscal year of 2023, ChargePoint Services Limited reported a total revenue of USD 9,065,799. 30 and an EBITDA of USD -2,082,347. 40.
Their revenue model is structured around direct sales and installation of EV charging solutions, supplemented by subscription-based services for maintenance and support. ChargePoint Services Limited aims to expand its product offerings, although specific upcoming launches and release dates have not been disclosed. The company plans to target new geographical markets beyond the UK and Europe, leveraging the recent funding of USD 1. 50 mn to support its growth initiatives.
Following the acquisition by ENGIE SA, they are expected to benefit from enhanced resources and strategic direction.
Primary Industry
Energy Storage & Batteries
Sub Industries
Consulting Services, Energy Storage & Batteries
Website
www.chargepointservices.co.uk
Verticals
Electric & Hybrid Vehicles
Company Stage
Acquired
Total Amount Raised
Subscriber access only
ChargePoint Services Limited - timeline of key events
ChargePoint Services Limited - financials
| Fiscal Year Ended | Sep 30, 2012 | Sep 30, 2013 | Sep 30, 2014 | Sep 30, 2015 | Sep 30, 2016 | Sep 30, 2017 | Sep 30, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 1,235,536 | - | 979,955 | - | - | - | - | 1,295,000 | 2,958,000 | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - | - | - | - | - | - | - | - | - |
| EBITDA (USD) | 36,242 | - | 22,661 | - | - | - | - | (4,186,000) | (3,655,000) | - | - | - |
| Operating Income (USD) | 36,242 | - | 22,246 | - | - | - | - | (4,713,000) | (4,534,000) | - | - | - |
| Operating Margin | 2.9% | - | 2.3% | - | - | - | - | (363.9%) | (153.3%) | - | - | - |
| % EBITDA Margin | 2.9% | - | 2.3% | - | - | - | - | (323.2%) | (123.6%) | - | - | - |
| NET Income (USD) | 36,128 | - | 22,246 | - | - | - | - | (4,707,000) | (4,081,000) | - | - | - |
| % Net Margin | 2.9% | - | 2.3% | - | - | - | - | (363.5%) | (138.0%) | - | - | - |
ChargePoint Services Limited - employee data
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