Tetrace
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Tetrace - overview
Established
2010
Location
Pamplona, -, Spain
Primary Industry
Business Support Services
About
Based in Pamplona, Spain and founded in 2010 by Ciro Lopez and Maria Garcia, Tetrace operates as a service provider company that operates and maintains, engineering, and technical assistance, focusing on enhancing project efficiency and sustainability. In July 2023, RenerCycle raised venture funding led by individual investors. New investors EIT InnoEnergy, EO6 Engineering, Ingeteam, RWE DEA, etc. also participated in the round.
The round was part of a larger EUR 6. 5 million in equity funding. Tetrace Group provides services in the renewable energy sector, including operation and maintenance, engineering, inspection, and spare parts distribution. The company focuses on the efficiency and sustainability of renewable energy projects while ensuring safety and quality.
Tetrace works with clients like project developers and energy companies in 16 countries.
Primary Industry
Business Support Services
Sub Industries
Engineering, Consulting Services, Oil & Gas Transportation
Website
www.tetrace.com
Total Amount Raised
Subscriber access only
Tetrace - timeline of key events
Tetrace - financials
| Fiscal Year Ended | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|
| Revenue (USD) | 4,500,949.4 | 4,991,943.9 | 3,350,038.9 | 4,032,342 | - | - | - |
| % Revenue Growth (YoY) | - | 10.9% | (32.9%) | 20.4% | - | - | - |
| EBITDA (USD) | 605,995.2 | 421,625.3 | 378,324.3 | 493,738 | - | - | - |
| Operating Income (USD) | 596,129.9 | 399,023 | 318,277.1 | 431,003 | - | - | - |
| Operating Margin | 13.2% | 8.0% | 9.5% | 10.7% | - | - | - |
| % EBITDA Margin | 13.5% | 8.4% | 11.3% | 12.2% | - | - | - |
| NET Income (USD) | 594,241.9 | 364,113 | 313,581.3 | 388,617 | - | - | - |
| % Net Margin | 13.2% | 7.3% | 9.4% | 9.6% | - | - | - |
Tetrace - employee data
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