Thinxtra Pty Limited
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Thinxtra Pty Limited - overview
Established
2015
Location
Sydney, NSW-New South Wales, Australia
Primary Industry
Software
About
Thinxtra Pty Limited is a provider of Internet of Things (IoT) solutions that enhances operational efficiency across various industries through advanced connectivity, devices, and data platforms. Founded in 2015, Thinxtra Pty Limited operates in Sydney, Australia, delivering IoT solutions for industrial applications. The company has secured AUD 5 million in Pre-IPO funding from investors including Blue Ocean Equities Pty Ltd and Regal Funds Management as of June 1, 2023, raising a total of AUD 5 million to date. Thinxtra specializes in comprehensive IoT solutions that feature asset tracking software, smart facilities management tools, and smart utilities solutions.
Its offerings address challenges in supply chain management and property management, providing real-time insights for enhanced operational efficiency across Australia, New Zealand, Hong Kong, and Macau. In 2023, Thinxtra reported a revenue of AUD 3,998,274. 70, with an EBITDA of AUD -2,038,190. 90.
Revenue streams include subscription-based models and partnerships, leveraging flagship products such as the AssetInsight tracking software and FacilityInsight management tools. Thinxtra intends to utilize its recent funding from June 2023 to implement its inaugural partner program and expand its business reach across Australia, New Zealand, Hong Kong, and Macau. The planned initiatives aim to enhance its market presence and introduce new IoT products in the near future.
Current Investors
Adcock Private Equity, CEFC, VentureCrowd
Primary Industry
Software
Sub Industries
Connectivity Software
Website
www.thinxtra.com
Verticals
Cloud Computing
Company Stage
Series B
Total Amount Raised
Subscriber access only
Thinxtra Pty Limited - timeline of key events
Thinxtra Pty Limited - financials
| Fiscal Year Ended | Jun 30, 2018 | Jun 30, 2019 | Jun 30, 2020 | Jun 30, 2021 | Jun 30, 2022 | Jun 30, 2023 | Jun 30, 2024 |
|---|---|---|---|---|---|---|---|
| Revenue (USD) | 451,000 | 1,585,000 | 2,017,000 | 2,831,000 | - | - | - |
| % Revenue Growth (YoY) | - | 251.4% | 27.3% | 40.4% | - | - | - |
| EBITDA (USD) | (10,918,000) | (8,626,000) | (3,962,000) | (3,632,000) | - | - | - |
| Operating Income (USD) | (12,076,000) | (9,825,000) | (7,250,000) | (6,896,000) | - | - | - |
| Operating Margin | (2677.6%) | (619.9%) | (359.4%) | (243.6%) | - | - | - |
| % EBITDA Margin | (2420.8%) | (544.2%) | (196.4%) | (128.3%) | - | - | - |
| NET Income (USD) | (12,034,000) | (9,769,000) | (7,802,000) | (7,367,000) | - | - | - |
| % Net Margin | (2668.3%) | (616.3%) | (386.8%) | (260.2%) | - | - | - |
Thinxtra Pty 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Pre-IPO | Completed | Thinxtra Pty Limited | - | ||||||||
| Venture Debt | Completed | Thinxtra Pty Limited | - | ||||||||
| Unspecified Round | Completed | Thinxtra Pty Limited | - | ||||||||
| Unspecified Round | Completed | Thinxtra Pty Limited | - | ||||||||
| Series B | Completed | Thinxtra Pty Limited | - |
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Thinxtra Pty Limited - employee data
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