Picosun Oy
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Picosun Oy - overview
Established
2004
Location
Espoo, -, Finland
Primary Industry
Industrial Machinery
About
Picosun Oy is a Finnish provider of atomic layer deposition (ALD) technology, crucial for advanced manufacturing in the semiconductor and nanotechnology sectors, offering innovative solutions that enhance production efficiency and material utilization. Founded in 2004, Picosun Oy operates primarily in Espoo, Finland, focusing on atomic layer deposition technology essential for semiconductor and nanotechnology applications. The company has not undergone any significant business pivots and does not have known subsidiaries. It was acquired by Applied Materials Inc in June 2022, following investment from CapMan, Tesi, First Fellow Partners, and R.
Ruth Oy. Picosun has raised a total of EUR 12. 00 mn across its funding rounds, with the most recent round being a GROWTH round of EUR 12. 00 mn, attracting notable investors including CapMan, First Fellow Partners, R.
Ruth Oy, and Tesi. The company's CEO is John Kenney. Picosun specializes in atomic layer deposition (ALD) technology, pivotal in semiconductor and nanotechnology manufacturing. Their ALD systems enable precise layer-by-layer deposition of materials, enhancing control over film thickness and composition for microchips, photovoltaic cells, and electronic components.
Picosun serves a global clientele, including semiconductor manufacturers and research institutions, with a strong presence in North America, Europe, and Asia, addressing critical manufacturing challenges. In the most recent year, 2023, Picosun reported a revenue of EUR 45,906,411. 10 and an EBITDA of EUR 495,218,406. Revenue is generated primarily through sales of ALD systems and services, including installation and maintenance, often structured as multi-year agreements with clients.
Picosun aims to expand its product line with new ALD systems designed for emerging applications in high-tech industries. The company is also exploring opportunities in specific markets within Asia and Europe, targeting expansion by 2025. The recent funding round will support these initiatives, alongside further development of advanced ALD technologies.
Primary Industry
Industrial Machinery
Sub Industries
Industrial Machinery
Website
www.picosun.com
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Picosun Oy - timeline of key events
Picosun Oy - financials
| Fiscal Year Ended | Apr 30, 2009 | Apr 30, 2010 | Apr 30, 2011 | Apr 30, 2012 | Sep 30, 2013 | Sep 30, 2014 | Sep 30, 2015 | Sep 30, 2016 | Sep 30, 2017 | Sep 30, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Oct 31, 2023 | Oct 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 1,671,169.2 | 2,509,973.6 | 5,016,347.4 | 7,795,090.8 | 13,203,845.3 | 13,318,665.4 | 10,887,754.5 | 14,770,380.1 | 18,890,915.2 | 25,964,782.6 | 34,230,083.5 | 37,599,895.6 | 38,353,836.7 | - | - | - |
| % Revenue Growth (YoY) | - | 50.2% | 99.9% | 55.4% | - | - | (18.3%) | 35.7% | 27.9% | 37.4% | - | - | 2.0% | - | - | - |
| EBITDA (USD) | 79,828.1 | 302,373.8 | 264,422.2 | 365,077.9 | (244,787.1) | 613,229.9 | 505,040.5 | 701,897.6 | 723,622.2 | 2,363,169 | 1,645,573 | 2,539,114.1 | (1,678,505.2) | - | - | - |
| Operating Income (USD) | 32,929.5 | 65,664.8 | 81,197.8 | 121,727.7 | 86,490.1 | 175,781.1 | 107,844.6 | 167,964.7 | 46,307.3 | 1,397,294.2 | 377,357 | 936,632.3 | (3,269,299.3) | - | - | - |
| Operating Margin | 2.0% | 2.6% | 1.6% | 1.6% | 0.7% | 1.3% | 1.0% | 1.1% | 0.2% | 5.4% | 1.1% | 2.5% | (8.5%) | - | - | - |
| % EBITDA Margin | 4.8% | 12.0% | 5.3% | 4.7% | (1.9%) | 4.6% | 4.6% | 4.8% | 3.8% | 9.1% | 4.8% | 6.8% | (4.4%) | - | - | - |
| NET Income (USD) | 8,029.1 | 9,871.6 | 4,075.9 | 12,874.4 | (118,425.4) | 142,958.1 | 59,531.4 | 139,303 | (332,179.8) | 1,050,458.7 | 100,968.5 | 304,285 | (4,098,838.4) | - | - | - |
| % Net Margin | 0.5% | 0.4% | 0.1% | 0.2% | (0.9%) | 1.1% | 0.5% | 0.9% | (1.8%) | 4.0% | 0.3% | 0.8% | (10.7%) | - | - | - |
Picosun Oy - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Picosun Oy | - | ||||||||
| Growth | Completed | Picosun Oy | - |
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Picosun Oy - employee data
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