Suop
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Suop - overview
Established
2013
Location
Madrid, -, Spain
Primary Industry
Telecoms
About
Suop is a telecommunications and energy services provider specializing in high-speed fiber internet, mobile telephony, and electricity solutions tailored for individual users and small businesses in Spain. Founded in 2013 in Madrid, Spain, Suop offers telecommunication services and has undergone strategic pivots in its operations. Jaime Pla is the founder of the company, which has raised a total of EUR 0. 120 mn in funding, with its most recent deal occurring on February 5, 2015, when it secured EUR 1 million of venture debt financing from ENISA.
Suop specializes in telecommunications and energy services, focusing on high-speed fiber internet, mobile plans with generous data allocations, and flexible prepaid options. Their fiber internet offers speeds of up to 500 Mb, while mobile plans accommodate various user needs with data options ranging from 12 GB to 100 GB, designed for seamless connectivity in streaming, gaming, and daily browsing. For the most recent year, 2023, Suop reported a revenue of EUR 1,962,370. 20 and an EBITDA of EUR 178,181.
70. This revenue stems from a subscription model for services including fiber internet and mobile plans, with pricing structured to enhance transparency and customer retention. Suop is strategically focused on expanding its product offerings to include new telecommunications services and energy solutions, aimed at launching in the Spanish market by late 2024. The funding raised in February 2015 will support these expansions, enhancing their service capabilities and geographic reach.
Current Investors
Cabiedes & Partners, Empresa Nacional de Innovacion
Primary Industry
Telecoms
Sub Industries
Social Networking & Communication Platform, Telecoms Providers & Services
Website
www.suop.es
Total Amount Raised
Subscriber access only
Suop - financials
| Fiscal Year Ended | 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) | 97,223.5 | 338,327.8 | 545,554.4 | 832,031.5 | 1,094,102.8 | 1,524,918.7 | 2,105,727 | - | - | - |
| % Revenue Growth (YoY) | - | 248.0% | 61.3% | 52.5% | 31.5% | 39.4% | 38.1% | - | - | - |
| EBITDA (USD) | (167,932) | (82,084.3) | (67,035.2) | 38,164.3 | 88,054.3 | 12,997.3 | 168,479 | - | - | - |
| Operating Income (USD) | (188,499.6) | (102,697.3) | (93,229.8) | 28,221.1 | 71,206.9 | (12,200.9) | 49,451.1 | - | - | - |
| Operating Margin | (193.9%) | (30.4%) | (17.1%) | 3.4% | 6.5% | (0.8%) | 2.3% | - | - | - |
| % EBITDA Margin | (172.7%) | (24.3%) | (12.3%) | 4.6% | 8.0% | 0.9% | 8.0% | - | - | - |
| NET Income (USD) | (192,962.8) | (108,027.5) | (97,446.8) | 20,395.6 | 60,776 | (23,699.2) | 31,791.8 | - | - | - |
| % Net Margin | (198.5%) | (31.9%) | (17.9%) | 2.5% | 5.6% | (1.6%) | 1.5% | - | - | - |
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