Durapower Holdings Pte. Ltd.
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Durapower Holdings Pte. Ltd. - overview
Established
2009
Location
Singapore, -, Singapore
Primary Industry
Energy Storage & Batteries
About
Founded in 2009 and based in Singapore, Durapower Holdings f. k. a New Resources Technology specializes in lithium battery system design, manufacturing, and integration for automotive and energy storage systems. The Group has a global presence of around 20 countries and 45 cities.
As of 2022, Kelvin Lim is the Group CEO of the company. In March 2018, Durapower Holdings raised USD 45. 37 million from investors, valuing the company at USD 76. 43 million post-money.
The company provides closed-loop and end-to-end energy storage solutions. The firm's batteries are used in electric mobility and stationary energy storage system (ESS) applications such as full-electric vehicles, hybrid-electric vehicles, specialty-electric vehicles, renewable energy storage, uninterrupted power supply (UPS), data centers, telecom industries, and on/off-grid energy storage, and more.
Current Investors
Banpu NEXT
Primary Industry
Energy Storage & Batteries
Sub Industries
Energy Storage & Batteries
Website
www.durapowergroup.com
Verticals
Manufacturing
Company Stage
Series B
Total Amount Raised
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Durapower Holdings Pte. Ltd. - 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) | 2,191,581.197 | 10,498,210.093 | 13,135,919.497 | 14,299,067.981 | 13,133,746.071 | 41,353,705 | 18,559,237 | 34,356,845 | - | - | - |
| % Revenue Growth (YoY) | - | 379.0% | 25.1% | 8.9% | (8.1%) | 214.9% | (55.1%) | 85.1% | - | - | - |
| EBITDA (USD) | (1,675,562.994) | (1,004,853.503) | 1,556,073.019 | (2,498,511.907) | 1,848,944.402 | 8,757,091 | (6,772,175) | (1,075,251) | - | - | - |
| Operating Income (USD) | (2,255,991.713) | (1,867,280.572) | 945,584.762 | (3,038,585.305) | 1,231,602.55 | 7,688,640 | (8,817,701) | (3,622,630) | - | - | - |
| Operating Margin | (102.9%) | (17.8%) | 7.2% | (21.3%) | 9.4% | 18.6% | (47.5%) | (10.5%) | - | - | - |
| % EBITDA Margin | (76.5%) | (9.6%) | 11.8% | (17.5%) | 14.1% | 21.2% | (36.5%) | (3.1%) | - | - | - |
| NET Income (USD) | (2,261,413.588) | (2,184,227.406) | 398,319.568 | (3,573,513.236) | 669,289.225 | 5,500,447 | (8,099,492) | (4,078,339) | - | - | - |
| % Net Margin | (103.2%) | (20.8%) | 3.0% | (25.0%) | 5.1% | 13.3% | (43.6%) | (11.9%) | - | - | - |
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