Forciot
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Forciot - overview
Established
2015
Location
Tampere, -, Finland
Primary Industry
Electronics
About
Founded in 2015 and based in Tampere, Finland, Forciot is a technology company that provides sensor-based IoT(internet of things) solutions for logistics and wearable manufacturers. The company provides three elements; including force measurement hardware for actual force measurements; a cloud-based software application to store, process and view data; and product integration service for customization and technical support.
Current Investors
Volvo Car Corporation, Heraeus Holding
Primary Industry
Electronics
Sub Industries
Electronic Components, Computer & Related Peripherals
Website
www.forciot.com
Verticals
Cloud Computing
Company Stage
Series A
Total Amount Raised
Subscriber access only
Forciot - financials
| Fiscal Year Ended | Mar 31, 2017 | Mar 31, 2018 | Mar 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 682,209.9 | 1,001,404.7 | 1,159,852.1 | 1,140,055.1 | 599,028 | - | - | - |
| % Revenue Growth (YoY) | - | 46.8% | 15.8% | - | - | - | - | - |
| EBITDA (USD) | 47,550.5 | 111,218.5 | (182,134.4) | (1,110,041.2) | (1,865,240.2) | - | - | - |
| Operating Income (USD) | 39,512.9 | 53,681.3 | (268,749.7) | (1,216,007.2) | (2,088,427.1) | - | - | - |
| Operating Margin | 5.8% | 5.4% | (23.2%) | (106.7%) | (348.6%) | - | - | - |
| % EBITDA Margin | 7.0% | 11.1% | (15.7%) | (97.4%) | (311.4%) | - | - | - |
| NET Income (USD) | 31,471.8 | 41,426.5 | (275,321) | (1,219,891.5) | (2,099,534) | - | - | - |
| % Net Margin | 4.6% | 4.1% | (23.7%) | (107.0%) | (350.5%) | - | - | - |
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