ProfitBricks

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ProfitBricks - overview

Location

Berlin, -, Germany

Primary Industry

Business Support Services

About

ProfitBricks specializes in cloud computing solutions, offering services like virtual servers and dedicated core servers that cater to diverse operational needs for businesses across various sectors. ProfitBricks, founded by Achim Weiss, is based in Berlin, Germany. The company provides cloud infrastructure services and underwent a significant funding round in March 2013, raising USD 19. 5 mn from United Internet.


The funding has contributed to its continued growth and development. Achim Weiss has a background in technology and entrepreneurship, having previously been involved with other notable ventures. ProfitBricks, under the brand IONOS Cloud, offers a comprehensive suite of cloud computing solutions tailored for various workloads. Their primary offerings include vCPU servers designed for scalable performance and Dedicated Core servers for high-performance applications.


These services are utilized by a variety of clients, including eCommerce businesses and large enterprises, and are marketed mainly in Europe and North America. In 2018, ProfitBricks reported revenue of USD 6,059,479. 50 and an EBITDA of USD 957,804, reflecting their operational performance during that fiscal year. The revenue is generated through subscription and service fees associated with their cloud-based products.


Following the most recent funding in March 2013, where ProfitBricks raised USD 19. 5 mn, the company plans to leverage these resources to enhance its product offerings and expand its market reach. Focused on continuous innovation, ProfitBricks aims to introduce new cloud services, while exploring growth opportunities in new geographic regions, specifically targeting additional markets in Europe and North America.


Current Investors

United Internet

Primary Industry

Business Support Services

Sub Industries

Data Centers, IT Infrastructure

Website

www.profitbricks.com

Verticals

Cloud Computing

Company Stage

Early Stage

Total Amount Raised

Subscriber access only

ProfitBricks - financials

Fiscal Year EndedDec 31, 2013Dec 31, 2014Dec 31, 2015Dec 31, 2016Dec 31, 2017Dec 31, 2018
Revenue (USD)729,683.4-3,874,975.4---
% Revenue Growth (YoY)------
EBITDA (USD)(5,699,947.2)-4,325,034.7---
Operating Income (USD)(6,195,044.6)-3,083,509.4---
Operating Margin(849.0%)-79.6%---
% EBITDA Margin(781.2%)-111.6%---
NET Income (USD)(6,849,785.3)-11,694,623---
% Net Margin(938.7%)-301.8%---

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