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Magnax BV

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Year established

2015

Location

Kortrijk Belgium

Primary Industry

Industrial Machinery

About

Founded in 2015 and based in Kortrijk, Belgium, Magnax BV operates as a developer and manufacturer of electric motors for electric vehicles based on axial flux technology.
Current Investors
Torus Capital Group, Hirschvogel Ventures, Vlerick Group

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Primary Industry
Industrial Machinery
Sub Industries
Automobiles, Other Vehicles & Parts, Electronic Components & Semiconductor Wholesalers
Website
www.magnax.com
Verticals
Electric & Hybrid Vehicles, Manufacturing
Company Stage
Series A
Total Amount Raised
Subscriber access only

Financials

Fiscal Year Ended
Revenue (USD)
% Revenue Growth (YoY)
Operating Income (USD)
Operating Margin
EBITDA (USD)
% EBITDA Margin
NET Income (USD)
% Net Margin
31 Mar 2016
-
-
(30,305)
-
(30,030)
-
(30,380)
-
31 Mar 2017
-
-
(44,245)
-
(43,463)
-
(44,417)
-
31 Mar 2018
-
-
(70,535)
-
(65,996)
-
(70,827)
-
31 Mar 2019
-
-
(555,425)
-
(518,672)
-
(559,454)
-
31 Mar 2020
31 Dec 2021
31 Dec 2022

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