SSE Audio Group Limited
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SSE Audio Group Limited - overview
Established
1976
Location
Redditch, -, UK
Primary Industry
Logistics & Distribution
About
SSE Audio Group Limited is a UK-based company specializing in providing professional audio solutions and services, focusing on the design, installation, and support of audio systems for various events and venues. Founded in 1976 in Redditch, UK, SSE Audio Group Limited focuses on delivering professional audio solutions. In November 2018, the company was acquired by Solotech Inc. , marking a strategic pivot in its operational framework.
The founder's prior history is not specified. The company specializes in providing comprehensive audio solutions tailored for live events, installations, and broadcast environments. Their core offerings include sound system design, installation, and technical support services to enhance audio experiences for clients across various sectors such as entertainment, corporate events, and education. SSE Audio Group Limited serves a diverse clientele, including event organizers, venues, and production companies, ensuring optimal sound quality and reliability in diverse settings.
In the most recent year, SSE Audio Group Limited reported a revenue of USD 65. 27 mn, with an EBITDA of USD 7. 23 mn for the year 2024. Looking ahead, SSE Audio Group Limited plans to expand its service offerings by developing new audio technology products set for launch in 2025.
The company aims to penetrate new markets in Europe and North America by this timeframe. The funding secured through the acquisition by Solotech Inc. in November 2018 will be utilized to enhance product development and market entry strategies.
Current Investors
Solotech Inc.
Primary Industry
Logistics & Distribution
Sub Industries
Business Support Services, Electronic Components & Semiconductor Wholesalers
Website
www.sseaudiogroup.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
SSE Audio Group Limited - timeline of key events
SSE Audio Group Limited - financials
| Fiscal Year Ended | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Feb 27, 2021 | Feb 26, 2022 | Feb 25, 2023 | Feb 24, 2024 | Feb 22, 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 7,274,769 | 8,879,023 | 9,845,985 | 15,335,191 | 18,805,125 | 20,070,033 | 24,047,512 | 28,543,407 | 38,833,587 | - | 12,080,681 | 18,794,561 | - | - | - |
| % Revenue Growth (YoY) | - | 22.1% | 10.9% | 55.8% | 22.6% | 6.7% | 19.8% | 18.7% | 36.1% | - | - | - | - | - | - |
| EBITDA (USD) | 1,340,088 | 1,758,053 | 1,801,479 | 2,919,909 | 4,151,959 | 4,920,854 | 5,549,023 | 7,382,417 | 9,685,223 | - | (2,083,222) | 65,064 | - | - | - |
| Operating Income (USD) | 611,395 | 890,788 | 909,673 | 1,383,110 | 2,490,782 | 3,002,713 | 3,535,318 | 5,145,535 | 6,263,549 | - | (5,998,449) | (2,993,755) | - | - | - |
| Operating Margin | 8.4% | 10.0% | 9.2% | 9.0% | 13.2% | 15.0% | 14.7% | 18.0% | 16.1% | - | (49.7%) | (15.9%) | - | - | - |
| % EBITDA Margin | 18.4% | 19.8% | 18.3% | 19.0% | 22.1% | 24.5% | 23.1% | 25.9% | 24.9% | - | (17.2%) | 0.3% | - | - | - |
| NET Income (USD) | 350,345 | 684,714 | 538,741 | 987,937 | 1,948,108 | 2,262,884 | 2,788,654 | 4,321,543 | 4,879,248 | - | (5,189,502) | (2,397,955) | - | - | - |
| % Net Margin | 4.8% | 7.7% | 5.5% | 6.4% | 10.4% | 11.3% | 11.6% | 15.1% | 12.6% | - | (43.0%) | (12.8%) | - | - | - |
SSE Audio Group 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | SSE Audio Group Limited | - |
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SSE Audio Group Limited - employee data
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