Kainos Group Plc
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Kainos Group Plc - overview
Established
1986
Location
Belfast, Antrim, UK
Primary Industry
Outsourcing
About
Kainos Group Plc is a digital transformation company that specializes in enhancing Workday functionalities, offering a range of services aimed at improving business operations and performance. Founded in 1986 in Belfast, UK, Kainos Group Plc focuses on providing digital transformation services, particularly around Workday. The company was established by Christopher Hopper and Sarah Pitts, with Russell Sloan serving as CEO. Kainos has expanded its services globally, aiming to meet diverse client needs across different sectors.
Kainos specializes in digital transformation solutions, focusing on integrating and enhancing Workday functionalities to meet strategic business needs. Their offerings include Digital Advisory, Cloud Engineering, Data and AI, and User-Centered Design. Additionally, Kainos provides managed services for Workday implementations and proprietary products like Kainos Smart, which includes Smart Test, Smart Audit, and Smart Shield. Their client base spans various industries such as financial services, education, healthcare, and government, particularly in European and North American markets.
In the most recent fiscal year 2024, Kainos reported a revenue of USD 247. 19 mn and an EBITDA of USD 20. 09 mn. Their revenue model is predominantly B2B, based on long-term contracts for the deployment and management of Workday services, with subscription-based pricing for certain offerings.
Kainos plans to introduce new products aimed at further enhancing their digital transformation capabilities and expects to launch these in the coming year. The company is targeting expansion into new geographic regions, particularly in Asia and Australia, by 2025 to diversify its market presence. Recent funding will be allocated to support these initiatives, ensuring the company is well-positioned to explore additional opportunities in these expanding markets.
Primary Industry
Outsourcing
Sub Industries
Offshore IT Services/IT Outsourcing, Human Resources Services, BPO Services
Website
www.kainos.com
Verticals
Big Data
Total Amount Raised
Subscriber access only
Kainos Group Plc - timeline of key events
Kainos Group Plc - financials
| Fiscal Year Ended | Mar 31, 2011 | Mar 31, 2012 | Mar 31, 2013 | Mar 31, 2014 | Mar 31, 2015 | Mar 31, 2016 | Mar 31, 2017 | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 | Mar 31, 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 17,025,000 | 25,379,000 | 29,719,000 | 42,967,000 | 60,778,000 | 46,597,000 | 53,809,000 | 63,405,000 | 110,255,000 | 114,330,000 | 150,611,000 | 188,725,000 | - | - | - |
| % Revenue Growth (YoY) | - | 49.1% | 17.1% | 44.6% | 41.5% | (23.3%) | 15.5% | 17.8% | 73.9% | 3.7% | 31.7% | 25.3% | - | - | - |
| EBITDA (USD) | 276,000 | 2,256,000 | 3,873,000 | 8,386,000 | 12,324,000 | 8,245,000 | 8,839,000 | 8,245,000 | 18,133,000 | 9,594,000 | 34,587,000 | 31,848,000 | - | - | - |
| Operating Income (USD) | 84,000 | 2,008,000 | 3,549,000 | 8,008,000 | 11,803,000 | 7,725,000 | 8,169,000 | 7,488,000 | 17,184,000 | 7,400,000 | 32,838,000 | 29,607,000 | - | - | - |
| Operating Margin | 0.5% | 7.9% | 11.9% | 18.6% | 19.4% | 16.6% | 15.2% | 11.8% | 15.6% | 6.5% | 21.8% | 15.7% | - | - | - |
| % EBITDA Margin | 1.6% | 8.9% | 13.0% | 19.5% | 20.3% | 17.7% | 16.4% | 13.0% | 16.4% | 8.4% | 23.0% | 16.9% | - | - | - |
| NET Income (USD) | 105,000 | 1,534,000 | 3,277,000 | 6,370,000 | 9,765,000 | 10,805,000 | 12,218,000 | 11,523,000 | 13,456,000 | 17,678,000 | 37,449,000 | 30,965,000 | - | - | - |
| % Net Margin | 0.6% | 6.0% | 11.0% | 14.8% | 16.1% | 23.2% | 22.7% | 18.2% | 12.2% | 15.5% | 24.9% | 16.4% | - | - | - |
Kainos Group Plc - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Completed | Kainos Group Plc | - | ||||||||
| Unspecified Exit | Completed | Kainos Group Plc | - |
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Kainos Group Plc - employee data
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