Tikomet Oy
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Tikomet Oy - overview
Established
1994
Location
Jyvaskyla, -, Finland
Primary Industry
Power & Utilities
About
Tikomet Oy is a Finnish company specializing in innovative technology solutions that optimize operational efficiency across various industries. Founded in 1994 and headquartered in Jyvaskyla, Finland, Tikomet Oy focuses on developing advanced technology solutions. The company has engaged in three funding deals, with the latest deal being an acquisition by Global Tungsten & Powders Corp. completed on June 12, 2015.
The founder's history is not publicly available, and there are no known subsidiaries or parent companies associated with Tikomet Oy. Tikomet Oy specializes in technology solutions that enhance operational efficiency across multiple sectors. The company offers a suite of software applications designed for project management, customer relationship management, and data analytics, catering to the finance, healthcare, and retail industries. Their products are marketed in North America, Europe, and parts of Asia, providing users with tools to automate processes and improve team communication.
For the most recent fiscal year 2024, Tikomet Oy reported a revenue of USD 59. 50 mn and an EBITDA of USD 8. 56 mn. The company utilizes a subscription-based revenue model, allowing clients to access software solutions through monthly or annual agreements, supported by partnerships with retailers and wholesalers.
In the future, Tikomet Oy plans to launch new software products aimed at enhancing project management capabilities. The company is also targeting expansion into new markets, including specific regions in Europe and Asia by 2025. The acquisition by Global Tungsten & Powders Corp. is expected to facilitate these growth initiatives, leveraging new resources and capabilities to support product development and market entry.
Primary Industry
Power & Utilities
Sub Industries
Waste Management
Website
www.tikomet.fi
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Tikomet Oy - timeline of key events
Tikomet Oy - financials
| Fiscal Year Ended | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Feb 28, 2017 | Feb 28, 2018 | Feb 28, 2019 | Feb 29, 2020 | Feb 28, 2021 | Feb 28, 2022 | Feb 28, 2023 | Feb 29, 2024 | Feb 28, 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 11,460,050.2 | 28,173,788.2 | 25,201,712.7 | - | 32,259,512.5 | 31,162,235.4 | 45,610,244.9 | 40,970,175.9 | 25,949,762.3 | 49,995,626.8 | - | - | - |
| % Revenue Growth (YoY) | - | 145.8% | (10.5%) | - | - | - | 46.4% | (10.2%) | (36.7%) | 92.7% | - | - | - |
| EBITDA (USD) | 1,423,338.8 | 4,465,499.6 | 3,898,195.9 | - | 4,579,346.1 | 5,041,885.7 | 7,972,337.9 | 5,654,707.9 | 4,808,004.3 | 10,742,386.7 | - | - | - |
| Operating Income (USD) | 862,192.4 | 2,994,212.7 | 2,292,132.7 | - | 3,337,854.9 | 3,961,730.8 | 6,858,355.8 | 4,578,189.1 | 3,543,563.9 | 9,361,407.5 | - | - | - |
| Operating Margin | 7.5% | 10.6% | 9.1% | - | 10.3% | 12.7% | 15.0% | 11.2% | 13.7% | 18.7% | - | - | - |
| % EBITDA Margin | 12.4% | 15.8% | 15.5% | - | 14.2% | 16.2% | 17.5% | 13.8% | 18.5% | 21.5% | - | - | - |
| NET Income (USD) | 16,467.2 | 1,785,251.5 | 1,328,723.8 | - | 2,213,164.9 | 2,428,578.3 | 5,631,092.4 | 3,950,659.5 | 2,488,537 | 8,446,031.2 | - | - | - |
| % Net Margin | 0.1% | 6.3% | 5.3% | - | 6.9% | 7.8% | 12.3% | 9.6% | 9.6% | 16.9% | - | - | - |
Tikomet Oy - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Tikomet Oy | - | ||||||||
| Secondary Buyout | Completed | Tikomet Oy | - | ||||||||
| Buyout | Completed | Tikomet Oy | - |
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Tikomet Oy - employee data
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