SP Devices AB

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SP Devices AB - overview

Location

Linkoping, -, Sweden

Primary Industry

Internet

About

SP Devices AB specializes in the design and manufacturing of advanced modular data acquisition and signal generation instruments, serving industries such as telecommunications and aerospace with high-performance digitizers. Founded by Per Löwenborg, SP Devices AB operates from Linkoping, Sweden, focusing on advanced data acquisition solutions. The company raised EUR 3 million in funding from SEB Venture Capital on February 6, 2007, which concluded their total fundraising efforts at EUR 3 million. SP Devices has consistently pursued innovation in its technology offerings.


SP Devices AB designs and manufactures high-performance digitizers, including the ADQ3 series, that feature a portable design and high-speed USB 3. 2 connectivity. These products cater primarily to Original Equipment Manufacturers (OEMs) across sectors such as telecommunications, scientific research, and aerospace, facilitating high-speed data capture and processing. In the most recent fiscal year, 2022, SP Devices AB reported revenue of EUR 9,148,500.


40, with an EBITDA of EUR 959,015. 40, primarily generated through direct sales to OEM clients and strategic partnerships within the technology sector. Looking ahead, SP Devices AB aims to expand its product offerings with upcoming high-performance digitizers slated for launch in the near future. The company has outlined plans to penetrate new markets in North America and Asia by 2024.


The recent funding round in February 2007, amounting to EUR 3 million, will support these initiatives, enabling the development of innovative products and strengthening market presence.


Current Investors

SEB Venture Capital

Primary Industry

Internet

Sub Industries

Web Development

Website

www.spdevices.com

Verticals

Augmented Reality (AR)

Company Stage

Early Stage

Total Amount Raised

Subscriber access only

SP Devices AB - timeline of key events

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SP Devices AB - financials

Fiscal Year EndedDec 31, 2011Dec 31, 2012Dec 31, 2013Dec 31, 2014Dec 31, 2015Dec 31, 2016Dec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024
Revenue (USD)21,828,62422,897,11622,676,08529,736,47335,058,202-52,541,72963,389,90060,340,02860,580,53479,836,971---
% Revenue Growth (YoY)-4.9%(1.0%)31.1%17.9%--20.6%(4.8%)0.4%31.8%---
EBITDA (USD)(3,103,120)(7,845,943)1,494,5644,396,2026,782,711-9,703,10310,263,1712,420,4874,028,42614,117,411---
Operating Income (USD)(3,407,998)(7,987,621)1,382,5713,399,9805,374,284-6,796,09910,070,3952,171,1653,762,68713,828,036---
Operating Margin(15.6%)(34.9%)6.1%11.4%15.3%-12.9%15.9%3.6%6.2%17.3%---
% EBITDA Margin(14.2%)(34.3%)6.6%14.8%19.3%-18.5%16.2%4.0%6.6%17.7%---
NET Income (USD)(3,426,502)(12,698,793)1,256,7243,169,4265,178,817-6,694,0179,735,1832,118,4572,516,68611,205,894---
% Net Margin(15.7%)(55.5%)5.5%10.7%14.8%-12.7%15.4%3.5%4.2%14.0%---

SP Devices AB - employee data

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