EDOTCO Group Sdn Bhd
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EDOTCO Group Sdn Bhd - overview
Established
2012
Location
Selangor, -, Malaysia
Primary Industry
Telecoms
About
EDOTCO Group Sdn Bhd, based in Malaysia, operates as a leading provider of integrated telecommunications infrastructure services, enhancing connectivity across Asia's diverse markets. Founded in 2012 and headquartered in Selangor, Malaysia, EDOTCO Group specializes in telecommunications infrastructure. The company has executed 2 significant deals and raised a total of USD 700. 00 mn as part of its GROWTH funding round in November 2019, with investments from notable entities including INCJ, Khazanah Nasional Berhad, and Kumpulan Wang Persaraan.
EDOTCO Group specializes in integrated telecommunications infrastructure services across Asia, focusing on next-generation connectivity solutions. Their portfolio includes over 47,000 telecommunications towers, facilitating seamless connectivity for mobile network operators and service providers. These towers address the growing demand for reliable mobile and internet services in both urban and rural areas, while the company leverages innovative technology and sustainable practices to serve its clients and the communities in which they operate, with a presence in Bangladesh, Cambodia, Myanmar, Pakistan, and Sri Lanka. In the most recent fiscal year 2023, EDOTCO Group reported a revenue of USD 543.
26 mn, with an EBITDA of USD 342. 57 mn. The company operates on a revenue model based on long-term partnerships with telecommunications operators through leasing agreements for tower space and infrastructure services, ensuring stability through multi-year contracts. EDOTCO Group is focused on enhancing its service offerings and expanding its market presence.
The funds raised in the recent GROWTH round will be utilized to improve internet connectivity in local communities with limited electricity. The company aims to enhance its product lineup and strategically expand into new markets across Asia, though specific geographic targets and timelines have yet to be disclosed.
Current Investors
Sojitz Corporation, Khazanah Nasional Berhad, Kumpulan Wang Persaraan
Primary Industry
Telecoms
Sub Industries
Telecoms Towers & Infrastructure
Website
www.edotcogroup.com/
Total Amount Raised
Subscriber access only
EDOTCO Group Sdn Bhd - timeline of key events
EDOTCO Group Sdn Bhd - financials
| Fiscal Year Ended | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | - | 17,200,000 | 91,072,000 | 650,721,000 | 1,431,561,000 | 1,530,680,000 | 1,809,225,000 | 1,881,176,000 | - | - | - |
| % Revenue Growth (YoY) | - | - | 429.5% | 614.5% | 120.0% | 6.9% | 18.2% | 4.0% | - | - | - |
| EBITDA (USD) | (17,242,956) | (26,800,276) | 65,417,983 | 168,110,000 | 550,815,000 | 690,803,000 | 1,099,683,000 | 1,055,789,000 | - | - | - |
| Operating Income (USD) | (17,291,492) | (27,164,992) | 63,707,122 | 74,639,000 | 249,698,000 | 345,473,000 | 451,116,000 | 377,265,000 | - | - | - |
| Operating Margin | - | (157.9%) | 70.0% | 11.5% | 17.4% | 22.6% | 24.9% | 20.1% | - | - | - |
| % EBITDA Margin | - | (155.8%) | 71.8% | 25.8% | 38.5% | 45.1% | 60.8% | 56.1% | - | - | - |
| NET Income (USD) | (17,291,492) | (27,164,992) | 62,431,999 | 27,759,000 | 170,152,000 | 208,415,000 | 232,035,000 | 175,230,000 | - | - | - |
| % Net Margin | - | (157.9%) | 68.6% | 4.3% | 11.9% | 13.6% | 12.8% | 9.3% | - | - | - |
EDOTCO Group Sdn Bhd - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| LP Direct | Completed | EDOTCO Group Sdn Bhd | - | ||||||||
| Growth | Completed | EDOTCO Group Sdn Bhd | - |
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EDOTCO Group Sdn Bhd - employee data
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