Hubso AB
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Hubso AB - overview
Established
2017
Location
Stockholm, -, Sweden
Primary Industry
Marketing/Advertising
About
Hubso AB is a digital solutions provider that focuses on enhancing online presence for businesses through services like web hosting, domain registration, and website building tools. Founded in 2017, Hubso AB is located in Stockholm, Sweden. The company specializes in providing digital solutions to empower businesses to establish their online presence effectively. Hubso completed its most recent funding round on April 15, 2019, raising an undisclosed amount and currently holds a company valuation of USD 40.
00 mn. The company has engaged in one deal to date. Hubso AB primarily offers a suite of digital solutions aimed at enhancing online presence and functionality for businesses. Its core offerings include web hosting, domain registration, and website building tools, designed to empower users in establishing and managing their online platforms efficiently.
The services cater to a diverse client base, including small to medium-sized enterprises, entrepreneurs, and individual users in regions such as North America, Europe, and parts of Asia, providing reliable online services that simplify website creation and management. In the most recent year, Hubso AB generated revenue of USD 2. 42 mn, while reporting an EBITDA of USD -791,522. 4.
The company primarily earns revenue through subscription-based models and service fees associated with its core offerings, structured on a direct-to-consumer basis with various service tiers available to clients. Hubso AB has plans to expand its product line and enhance its digital solutions. While specific upcoming products have not been detailed, the company aims to leverage its recent funding to support these developments. Additionally, it seeks to penetrate new markets, specifically targeting additional regions in Europe and Asia by the end of 2024.
The funds raised in April 2019 are intended to facilitate these expansion initiatives.
Primary Industry
Marketing/Advertising
Sub Industries
eMarketing/Digital Marketing
Website
www.hubso.com
Verticals
E-commerce
Company Stage
Early Stage
Total Amount Raised
Subscriber access only
Hubso AB - financials
| Fiscal Year Ended | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|
| Revenue (USD) | 264,759,000 | 4,754,889,000 | 16,492,541,000 | 27,725,318,000 | - | - | - |
| % Revenue Growth (YoY) | - | 1695.9% | 246.9% | 68.1% | - | - | - |
| EBITDA (USD) | (343,741,000) | (66,388,000) | (1,678,576,000) | 810,202,000 | - | - | - |
| Operating Income (USD) | (343,741,000) | (174,158,000) | (1,821,300,000) | 559,710,000 | - | - | - |
| Operating Margin | (129.8%) | (3.7%) | (11.0%) | 2.0% | - | - | - |
| % EBITDA Margin | (129.8%) | (1.4%) | (10.2%) | 2.9% | - | - | - |
| NET Income (USD) | (343,792,000) | (180,964,000) | (1,818,415,000) | 557,648,000 | - | - | - |
| % Net Margin | (129.9%) | (3.8%) | (11.0%) | 2.0% | - | - | - |
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