Future Netwings Solutions Pvt. Ltd
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Future Netwings Solutions Pvt. Ltd - overview
Established
1997
Location
Kolkata, -, India
Primary Industry
IT Infrastructure
About
Future Netwings Solutions Pvt. Ltd is an IT service provider specializing in IT infrastructure, artificial intelligence, and cybersecurity solutions designed to optimize security and operational efficiency for businesses across various sectors. Founded in 1997, Future Netwings Solutions Pvt. Ltd is based in Kolkata, India, and provides a range of IT services.
The company has maintained a consistent business strategy without any significant pivots. The founder's history is not detailed in available resources. Future Netwings Solutions specializes in a comprehensive suite of IT infrastructure, AI, and cybersecurity services. Their core offerings include managed IT services, cloud operations, and DevSecOps for 5G deployment, along with AI-driven cybersecurity solutions and reliable network services.
They cater to diverse sectors, including multinational corporations and government bodies in markets such as the USA, Singapore, Japan, and India. In the most recent fiscal year of 2023, Future Netwings Solutions reported a revenue of USD 3. 29 mn and an EBITDA of USD 280,143. The company generates revenue through long-term contracts for managed services, subscription-based offerings, and project-based engagements for custom solutions.
Future Netwings Solutions plans to enhance its service offerings by developing new AI-driven products aimed at improving cybersecurity measures. The company is targeting expansion into new geographic regions, including Europe and the Middle East, by 2025. Recent funding will be utilized to support these initiatives, although detailed information regarding the funding rationale is not available.
Primary Industry
IT Infrastructure
Sub Industries
IT Infrastructure
Website
https://futurenetwings.com/
Verticals
Blockchain, Virtual Reality (VR)
Total Amount Raised
Subscriber access only
Future Netwings Solutions Pvt. Ltd - timeline of key events
Future Netwings Solutions Pvt. Ltd - financials
| Fiscal Year Ended | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Mar 31, 2024 |
|---|---|---|---|---|---|---|
| Revenue (USD) | 827,850,063 | 590,203,437.1 | 399,105,511.2 | - | - | - |
| % Revenue Growth (YoY) | - | (28.7%) | (32.4%) | - | - | - |
| EBITDA (USD) | 43,624,958 | 40,157,582.1 | 40,349,152.2 | - | - | - |
| Operating Income (USD) | 41,342,379 | 36,912,280.9 | 36,619,400.2 | - | - | - |
| Operating Margin | 5.0% | 6.3% | 9.2% | - | - | - |
| % EBITDA Margin | 5.3% | 6.8% | 10.1% | - | - | - |
| NET Income (USD) | 19,557,098 | 14,174,050.1 | 11,127,358.3 | - | - | - |
| % Net Margin | 2.4% | 2.4% | 2.8% | - | - | - |
Future Netwings Solutions Pvt. Ltd - employee data
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