Ion Beam Applications S.A.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Ion Beam Applications S.A. - overview
Established
1986
Location
Louvain-la-Neuve, -, Belgium
Primary Industry
Medical Devices & Equipment
About
Ion Beam Applications S. A. is a specialized company dedicated to developing advanced particle accelerator technology solutions primarily for medical applications, particularly in cancer treatment and diagnosis. Founded in 1986 in Louvain-la-Neuve, Belgium, Ion Beam Applications S.
A. focuses on creating cutting-edge technology used in proton therapy for cancer treatment. Currently, the company is led by CEO Guy Carvalho and has expanded its operations to multiple global locations, including offices in North America and Europe. IBA specializes in designing and producing advanced particle accelerator technology solutions aimed at medical applications for cancer diagnosis and treatment.
Their key products include proton therapy systems that target cancer cells while minimizing harm to surrounding healthy tissue. Additionally, IBA offers dosimetry and quality assurance solutions, RadioPharma solutions for the use of radioisotopes in medical imaging, and industrial X-ray irradiation systems for sterilizing medical devices. Their client base encompasses hospitals, cancer treatment centers, and pharmaceutical companies, with significant markets in North America, Europe, and parts of Asia. In 2024, Ion Beam Applications S.
A. reported a revenue of USD 337. 86 mn and an EBITDA of USD 69. 28 mn.
The company's revenue model is rooted in B2B transactions with healthcare providers, involving direct sales of their specialized medical equipment and services, including installation and maintenance contracts. Ion Beam Applications S. A. is focused on launching new products designed for enhanced cancer treatment protocols, with specific timelines and details to be announced in the upcoming quarters.
The company plans to expand its market reach into Asia and Latin America by 2025, targeting growth in regions with increasing healthcare demands. Recent funding will be allocated towards research and development of innovative technologies and expanding their sales force in these new markets.
Primary Industry
Medical Devices & Equipment
Sub Industries
Medical Equipment Distributors, Diagnostic Equipment, Medical Software
Website
www.iba-worldwide.com
Verticals
HealthTech, Manufacturing
Total Amount Raised
Subscriber access only
Ion Beam Applications S.A. - timeline of key events

Ion Beam Applications S.A. - financials
| Fiscal Year Ended | Dec 31, 2010 | Dec 31, 2011 | Dec 31, 2012 | 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 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 53,345,127 | 207,129,255 | 138,149,718 | 203,005,250 | 239,642,876 | 57,183,627 | 218,577,810 | 207,157,872 | 167,799,255 | 192,923,819 | 194,002,000 | 178,132,563 | - | - | - |
| % Revenue Growth (YoY) | - | 288.3% | (33.3%) | 46.9% | 18.0% | (76.1%) | 282.2% | (5.2%) | (19.0%) | 15.0% | 0.6% | (8.2%) | - | - | - |
| EBITDA (USD) | 26,451,946 | 15,333,157 | 19,879,481 | 36,381,947 | 48,724,289 | 50,642,499 | 61,282,208 | 32,150,571 | 29,866,382 | 32,467,317 | 40,029,000 | (13,182,342) | - | - | - |
| Operating Income (USD) | 2,035,693 | 1,517,450 | (1,007,199) | 27,149,596 | 32,543,234 | 24,928,832 | 28,582,929 | (6,521,111) | (8,756,079) | (7,566,990) | 51,988,000 | 28,020,014 | - | - | - |
| Operating Margin | 3.8% | 0.7% | (0.7%) | 13.4% | 13.6% | 43.6% | 13.1% | (3.1%) | (5.2%) | (3.9%) | 26.8% | 15.7% | - | - | - |
| % EBITDA Margin | 49.6% | 7.4% | 14.4% | 17.9% | 20.3% | 88.6% | 28.0% | 15.5% | 17.8% | 16.8% | 20.6% | (7.4%) | - | - | - |
| NET Income (USD) | 15,208,955 | (105,076,786) | (25,015,287) | 23,362,058 | 49,779,896 | 23,353,651 | 26,702,739 | (9,952,230) | (4,665,313) | 55,801,764 | 31,921,000 | (19,722,460) | - | - | - |
| % Net Margin | 28.5% | (50.7%) | (18.1%) | 11.5% | 20.8% | 40.8% | 12.2% | (4.8%) | (2.8%) | 28.9% | 16.5% | (11.1%) | - | - | - |
Ion Beam Applications S.A. - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | RadioMed Corporation | - |
Displaying 1 - 1 of 1
Ion Beam Applications S.A. - employee data


Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.