Jibble Tech Sdn Bhd

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Jibble Tech Sdn Bhd - overview

Established

2016

Location

Kuala Lumpur, -, Malaysia

Primary Industry

Software

About

Jibble Tech Sdn Bhd is a Malaysian technology company specializing in time tracking software solutions, catering to the needs of businesses of all sizes with a user-friendly platform for efficient time management. Founded in 2016, Jibble Tech Sdn Bhd is headquartered in Kuala Lumpur, Malaysia. The company focuses on providing innovative time tracking solutions, primarily serving freelancers and businesses across various sectors. Fawad Akram founded the company, which has successfully raised USD 1.


3 mn in its latest funding round as of September 2018, bringing the total raised to USD 1. 3 mn with a current valuation of USD 10. 00 mn. Jibble's core product is a comprehensive time tracking software designed for businesses of all sizes, which is offered free of charge for unlimited users.


Users can log hours seamlessly across desktop, mobile, and web applications, with features like automated timesheet generation, overtime calculations, and break management. The software targets a diverse customer base, including freelancers, SMEs, and large organizations in sectors such as construction, healthcare, education, and consulting. Jibble markets its solutions in North America, Europe, and Asia, addressing varied customer needs. In the year 2023, Jibble recorded a revenue of USD 615,047.


90 and an EBITDA of USD 487,124. 30. The company operates on a freemium revenue model, offering its time tracking software for free while providing optional premium features for larger businesses. Jibble aims to develop new products that enhance their existing time tracking software, with further details expected to be announced following their latest funding round, which raised USD 1.


3 mn in September 2018. The company plans to expand its footprint into new markets in Europe and Asia by the end of 2024, leveraging recent funding to support these initiatives. This investment will facilitate enhancements to the software and marketing efforts to attract a larger user base.


Primary Industry

Software

Sub Industries

Web Applications, Analytics & Performance Software, HR & Workforce Software

Website

www.jibble.io

Verticals

Mobile Apps

Company Stage

Early Stage

Total Amount Raised

Subscriber access only

Jibble Tech Sdn Bhd - timeline of key events

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Jibble Tech Sdn Bhd - financials

Fiscal Year EndedDec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023
Revenue (USD)11,936300,913885,6341,715,685---
% Revenue Growth (YoY)-2421.1%194.3%93.7%---
EBITDA (USD)(970,227)(2,921,799)(3,565,460)(4,944,402)---
Operating Income (USD)(970,227)(2,921,962)(3,566,073)(4,945,729)---
Operating Margin(8128.6%)(971.0%)(402.7%)(288.3%)---
% EBITDA Margin(8128.6%)(971.0%)(402.6%)(288.2%)---
NET Income (USD)(970,226)(2,921,835)(3,566,041)(4,945,699)---
% Net Margin(8128.6%)(971.0%)(402.7%)(288.3%)---

Jibble Tech Sdn Bhd - employee data

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