Mpower Group Pty Limited
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Mpower Group Pty Limited - overview
Established
2009
Location
Sydney, NSW-New South Wales, Australia
Primary Industry
Electronics
About
Mpower Group Pty Limited specializes in providing reliable distributed power systems, focusing on renewable and conventional energy solutions for corporate and government clients. Founded in 2009 and based in Sydney, Australia, Mpower Group Pty Limited develops high-reliability distributed power systems that cater to both renewable and conventional energy needs. The company has not undergone any notable pivots or changes in its business strategy since its inception. The CEO, Nathan Wise, has a history in the energy sector but specific past ventures are not detailed.
The company has completed one major deal, with the most recent deal dated August 8, 2023. Mpower Group Limited delivers high-reliability distributed power systems, focusing on both renewable and conventional energy solutions. Their offerings include on-grid and off-grid power solutions, such as solar farms, battery energy storage systems, hybrid power systems, and backup power systems. These products aim to meet the increasing demand for dependable energy across critical infrastructure and serve clients in various markets, including Australia and potentially international regions.
In the most recent financial year 2023, Mpower Group Limited reported a revenue of USD 2. 99 mn and an EBITDA of USD 2. 73 mn. The company generates revenue through direct transactions with corporate and government clients, typically involving contractual agreements for energy systems, which may include service and maintenance packages.
This approach allows Mpower to establish long-term partnerships that support ongoing projects in renewable energy and infrastructure maintenance. Mpower Group intends to leverage its recent funding deal, where in August 2023, Oceania Capital Partners acquired a 14. 5% minority stake in the company, to enhance its growth strategy. This funding will be directed towards the development and launch of new products, as well as expanding into new geographic markets beyond Australia, although specific regions have not yet been identified.
The company aims to significantly increase its market presence and diversify its product offerings to meet evolving energy needs.
Current Investors
Oceania Capital Partners
Primary Industry
Electronics
Sub Industries
Electronic Components
Website
www.mpower.com.au
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Mpower Group Pty Limited - timeline of key events
Mpower Group Pty Limited - financials
| Fiscal Year Ended | Jun 30, 2015 | Jun 30, 2016 | Jun 30, 2017 | Jun 30, 2018 | Jun 30, 2019 | Jun 30, 2020 | Jun 30, 2021 | Jun 30, 2022 | Jun 30, 2023 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 54,326,000 | 56,530,000 | 40,123,000 | 40,802,000 | 48,047,000 | 10,930,000 | - | - | - |
| % Revenue Growth (YoY) | - | 4.1% | (29.0%) | 1.7% | 17.8% | (77.3%) | - | - | - |
| EBITDA (USD) | (6,420,000) | (282,000) | (3,178,000) | (2,278,000) | (5,439,000) | (1,650,000) | - | - | - |
| Operating Income (USD) | (6,946,000) | (747,000) | (3,493,000) | (2,566,000) | (5,697,000) | (1,878,000) | - | - | - |
| Operating Margin | (12.8%) | (1.3%) | (8.7%) | (6.3%) | (11.9%) | (17.2%) | - | - | - |
| % EBITDA Margin | (11.8%) | (0.5%) | (7.9%) | (5.6%) | (11.3%) | (15.1%) | - | - | - |
| NET Income (USD) | (12,101,000) | (1,060,000) | (3,855,000) | (2,895,000) | (6,129,000) | (3,875,000) | - | - | - |
| % Net Margin | (22.3%) | (1.9%) | (9.6%) | (7.1%) | (12.8%) | (35.5%) | - | - | - |
Mpower Group Pty Limited - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PIPE | Completed | Mpower Group Pty Limited | - | ||||||||
| Trade Sale | Completed | Ingenero Inc. | - |
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Mpower Group Pty Limited - employee data
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