Virtalis
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Virtalis - overview
Established
1989
Location
Sale, England, UK
Primary Industry
IT Infrastructure
About
Virtalis specializes in visualization solutions that transform complex datasets into immersive environments, utilizing advanced virtual reality (VR) technologies for industries like Defence and Manufacturing. Founded in 1989 and headquartered in Sale, UK, Virtalis provides visualization solutions that leverage VR technology. The company has undergone strategic shifts to enhance its offerings and adapt to market demands. Andrew Acquisitions, Günter Dahm, and Robert Boers currently serve as the CEO.
Virtalis delivers visualization solutions that convert complex datasets into actionable insights through VR technologies. Their core product integrates proprietary software, enabling the ingestion of large-scale datasets for immersive visual environments. Targeting sectors such as Defence, Manufacturing, and Higher Education, their technology supports collaborative design reviews and risk management, with clients including BAE Systems and Rolls-Royce. These products are used globally across Europe, North America, and Asia-Pacific, focusing on advanced visualization for training and operational planning.
In 2022, Virtalis reported a revenue of USD 2,299,602. 40. The company generates revenue through B2B transactions, licensing its proprietary software and offering tailored partnerships. Their flagship products, including Visionary Render and GeoVisionary, aim to enhance operational efficiency and reduce costs associated with design errors, contributing to their financial success.
Virtalis aims to expand its product offerings and market reach. Upcoming developments include new visualization products, designed to enhance operational capabilities, with anticipated launches in late 2024. The company is looking to penetrate new markets in Asia-Pacific and North America by 2025. Recent funding from West Midlands Enterprise's exit will support these initiatives, facilitating growth in product development and market expansion.
Current Investors
Alpina Partners
Primary Industry
IT Infrastructure
Sub Industries
IT Infrastructure, Systems Management Software
Website
www.virtalis.com
Total Amount Raised
Subscriber access only
Virtalis - timeline of key events
Virtalis - financials
| Fiscal Year Ended | Feb 28, 2018 | Feb 28, 2019 | Jun 30, 2020 | Jun 30, 2021 | Jun 30, 2022 | Jun 30, 2023 |
|---|---|---|---|---|---|---|
| Revenue (USD) | 6,453,880 | 7,834,363 | 5,112,391 | - | - | - |
| % Revenue Growth (YoY) | - | 21.4% | - | - | - | - |
| EBITDA (USD) | 835,243 | (54,832) | (1,677,486) | - | - | - |
| Operating Income (USD) | 218,211 | (530,873) | (2,945,632) | - | - | - |
| Operating Margin | 3.4% | (6.8%) | (57.6%) | - | - | - |
| % EBITDA Margin | 12.9% | (0.7%) | (32.8%) | - | - | - |
| NET Income (USD) | 237,598 | (541,186) | (2,413,732) | - | - | - |
| % Net Margin | 3.7% | (6.9%) | (47.2%) | - | - | - |
Virtalis - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Completed | Virtalis | - |
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Virtalis - employee data
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