Smart Metering Systems plc.
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Smart Metering Systems plc. - overview
Established
1995
Location
Glasgow, -, UK
Primary Industry
Power & Utilities
About
Based in Glasgow, UK, and founded in 1995, SMS Plc. , also known as Smart Metering Systems plc. , operates as a smart energy solutions company that offers energy infrastructure solutions such as electric vehicle charging stations, gas and electric meter installation and management. In December 2023, KKR agreed to acquire SMS Plc.
in an all-cash public-to-private transaction. As of 2023, the company is led by its CEO Tim Mortlock. The firm offers various energy solutions to its clients which include energy infrastructure, integrated energy management, project delivery, and asset optimization services. The smart energy solutions offered by the firm include EV charging, energy infrastructure, metering, data management, and energy services.
Primary Industry
Power & Utilities
Sub Industries
Electric Utilities, Power Generation Equipment & Services, Solar Power
Website
www.sms-plc.com
Verticals
Infrastructure
Total Amount Raised
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Smart Metering Systems plc. - timeline of key events
Smart Metering Systems plc. - financials
| Fiscal Year Ended | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 27,916,000 | 42,386,000 | 53,945,000 | 67,188,000 | 79,593,000 | 98,492,000 | 114,281,000 | 102,982,000 | 108,480,000 | - | - | - |
| % Revenue Growth (YoY) | - | 51.8% | 27.3% | 24.5% | 18.5% | 23.7% | 16.0% | (9.9%) | 5.3% | - | - | - |
| EBITDA (USD) | 11,583,000 | 18,684,000 | 27,855,000 | 32,536,000 | 38,817,000 | 35,478,000 | 50,369,000 | 231,632,000 | 46,288,000 | - | - | - |
| Operating Income (USD) | 8,567,000 | 13,003,000 | 19,580,000 | 20,568,000 | 22,605,000 | 11,085,000 | 13,749,000 | 199,618,000 | 13,516,000 | - | - | - |
| Operating Margin | 30.7% | 30.7% | 36.3% | 30.6% | 28.4% | 11.3% | 12.0% | 193.8% | 12.5% | - | - | - |
| % EBITDA Margin | 41.5% | 44.1% | 51.6% | 48.4% | 48.8% | 36.0% | 44.1% | 224.9% | 42.7% | - | - | - |
| NET Income (USD) | 6,575,000 | 10,793,000 | 15,002,000 | 15,245,000 | 14,659,000 | 4,464,000 | 3,997,000 | 193,479,000 | 3,792,000 | - | - | - |
| % Net Margin | 23.6% | 25.5% | 27.8% | 22.7% | 18.4% | 4.5% | 3.5% | 187.9% | 3.5% | - | - | - |
Smart Metering Systems plc. - employee data
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