Dirac Research AB
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Dirac Research AB - overview
Established
2001
Location
Uppsala, -, Sweden
Primary Industry
Media
About
Dirac Research AB develops advanced audio technology to enhance sound quality across multiple platforms, focusing on solutions for room correction and bass control to deliver immersive sound experiences. Founded in 2001 by Peter Friedrichsen, Dirac Research AB is headquartered in Uppsala, Sweden. The company specializes in audio technology, providing solutions that improve sound quality. Dirac has completed 5 deals, with its most recent funding round on May 28, 2021, raising USD 17.
73 mn from investors DIG Investment and TIN Fonder, bringing the total amount raised to USD 17. 73 mn and valuing the company at USD 142. 2 mn post-money. Dirac specializes in advanced audio technology aimed at enhancing sound quality across various platforms.
The company’s core product offerings include Dirac Live, a room correction software that measures and corrects audio imperfections, and solutions for bass control and active room treatment. These products optimize the acoustic performance of sound systems for audiophiles and automotive manufacturers. Dirac's technology is utilized in home audio systems, soundbars, professional studios, and automotive sound systems, targeting global markets including Europe, North America, Greater China, Japan, and Korea. In the most recent year, 2022, Dirac reported revenue of USD 9.
66 mn with an EBITDA of USD -5. 53 mn. The company's revenue model is based on providing premium audio technology solutions, including software licenses for Dirac Live through B2B partnerships and direct sales to end consumers. Dirac Research AB plans to utilize the recent funding of USD 17.
73 mn raised in May 2021 to accelerate global growth. This includes the development of new audio products and the expansion into new geographic markets. The company is targeting further penetration in North America and Asia by the end of 2023, aiming to enhance its product offerings and reach a wider audience.
Current Investors
AAC Technologies Holdings Inc, CNI Nordic, Swedia Capital
Primary Industry
Media
Sub Industries
Multimedia & Graphics, Digital Media
Website
www.dirac.com
Verticals
Virtual Reality (VR)
Company Stage
Early Stage
Total Amount Raised
Subscriber access only
Dirac Research AB - financials
| Fiscal Year Ended | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | 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) | 4,314,832 | 5,587,478 | 12,511,499 | 17,394,576 | 30,104,254 | 50,450,000 | 47,597,000 | 54,405,000 | 60,448,000 | 85,864,000 | 83,027,000 | - | - | - |
| % Revenue Growth (YoY) | - | 29.5% | 123.9% | 39.0% | 73.1% | 67.6% | (5.7%) | 14.3% | 11.1% | 42.0% | (3.3%) | - | - | - |
| EBITDA (USD) | (2,835,533) | (3,073,507) | (227,575) | 2,591,666 | 2,640,688 | 4,368,000 | (11,703,000) | (27,702,000) | (87,130,000) | (32,209,000) | (46,126,000) | - | - | - |
| Operating Income (USD) | (3,324,322) | (3,740,855) | (1,025,323) | 1,794,915 | 943,290 | 477,000 | (18,515,000) | (37,840,000) | (98,885,000) | (42,303,000) | (57,292,000) | - | - | - |
| Operating Margin | (77.0%) | (67.0%) | (8.2%) | 10.3% | 3.1% | 0.9% | (38.9%) | (69.6%) | (163.6%) | (49.3%) | (69.0%) | - | - | - |
| % EBITDA Margin | (65.7%) | (55.0%) | (1.8%) | 14.9% | 8.8% | 8.7% | (24.6%) | (50.9%) | (144.1%) | (37.5%) | (55.6%) | - | - | - |
| NET Income (USD) | (3,369,505) | (3,886,427) | (1,395,746) | 2,494,555 | (50,618) | (195,000) | (18,815,000) | (38,255,000) | (99,198,000) | (44,150,000) | (58,645,000) | - | - | - |
| % Net Margin | (78.1%) | (69.6%) | (11.2%) | 14.3% | (0.2%) | (0.4%) | (39.5%) | (70.3%) | (164.1%) | (51.4%) | (70.6%) | - | - | - |
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