Triton Hearing
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Triton Hearing - overview
Established
1988
Location
-, -, New Zealand
Primary Industry
Healthcare
About
Triton Hearing is an audiological services provider based in New Zealand, specializing in hearing assessments and aids to enhance auditory health for individuals across various demographics. Founded in 1988 in Hamilton, New Zealand, Triton Hearing focuses on audiological services, offering comprehensive hearing assessments and solutions. The company has not undergone significant operational pivots or changes in strategy and does not have known subsidiaries. Triton Hearing was acquired by Pohutukawa Management, although the financial terms of the deal were not disclosed.
The specific founder's background and prior ventures are not publicly available. Triton Hearing offers a wide array of audiological products and services, including free hearing assessments and consultations for diagnosing hearing loss and recommending appropriate hearing aids. Their services cater to individuals with hearing loss, tinnitus, and ear protection needs. The company provides a unique, independently crafted guide to hearing aids, enhancing customer understanding of available technologies and styles.
Triton Hearing operates over 60 clinics throughout New Zealand, ensuring comprehensive accessibility to its services. In the fiscal year 2022, Triton Hearing reported a revenue of USD 36. 25 mn and an EBITDA of USD 6. 73 mn.
Their revenue model is built on direct sales of hearing aids and related services, with prices starting at USD 495 per pair, including government subsidies. Triton Hearing also offers financing options through their EasyHear™ payment plan, allowing customers to pay in monthly installments over three years, alongside fully funded hearing aids for clients with approved ACC claims. Triton Hearing is actively exploring new product designs and launches, although specific upcoming products or release dates have not been disclosed. The company is looking to expand its market reach within New Zealand but currently does not have specific geographic regions targeted for expansion.
Recent funding through the acquisition by Pohutukawa Management will likely support these growth initiatives, although detailed utilization plans have not been outlined.
Current Investors
Pohutukawa Management
Primary Industry
Healthcare
Sub Industries
Healthcare
Website
www.tritonhearing.co.nz
Total Amount Raised
Subscriber access only
Triton Hearing - financials
| Fiscal Year Ended | Mar 31, 2011 | Mar 31, 2012 | Mar 31, 2013 | Mar 31, 2014 | Mar 31, 2015 | Mar 31, 2016 | Mar 31, 2017 | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 | Mar 31, 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 10,224,803 | 11,642,300 | 17,450,841 | 23,833,064 | 29,322,784 | 31,462,302 | 33,255,047 | 35,968,434 | 41,300,270 | 42,416,332 | 46,161,198 | 52,019,102 | - | - | - |
| % Revenue Growth (YoY) | - | 13.9% | 49.9% | 36.6% | 23.0% | 7.3% | 5.7% | 8.2% | 14.8% | 2.7% | 8.8% | 12.7% | - | - | - |
| EBITDA (USD) | 890,914 | 546,936 | 1,096,315 | 1,742,665 | 2,984,635 | 2,603,466 | 651,332 | (2,338,269) | 3,543,506 | 4,586,856 | 9,461,769 | 9,663,672 | - | - | - |
| Operating Income (USD) | 622,977 | 266,069 | 634,520 | 1,225,830 | 2,429,140 | 1,880,555 | (238,723) | (3,445,061) | 2,077,223 | 993,435 | 5,005,918 | 3,582,018 | - | - | - |
| Operating Margin | 6.1% | 2.3% | 3.6% | 5.1% | 8.3% | 6.0% | (0.7%) | (9.6%) | 5.0% | 2.3% | 10.8% | 6.9% | - | - | - |
| % EBITDA Margin | 8.7% | 4.7% | 6.3% | 7.3% | 10.2% | 8.3% | 2.0% | (6.5%) | 8.6% | 10.8% | 20.5% | 18.6% | - | - | - |
| NET Income (USD) | 240,950 | 172,408 | 451,245 | 209,650 | 832,788 | 614,163 | (793,292) | (3,442,751) | 2,480,565 | 584,402 | 3,411,679 | 1,457,226 | - | - | - |
| % Net Margin | 2.4% | 1.5% | 2.6% | 0.9% | 2.8% | 2.0% | (2.4%) | (9.6%) | 6.0% | 1.4% | 7.4% | 2.8% | - | - | - |
Triton Hearing - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Unspecified Exit | Completed | Triton Hearing | - | ||||||||
| Add-on | Completed | Canterbury Hearing | - | ||||||||
| Buyout | Completed | Triton Hearing | - | ||||||||
| Buyout | Completed | Triton Hearing | - |
Displaying 1 - 4 of 4
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.