Wayout International AB

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Wayout International AB - overview

Established

2018

Location

Stockholm, -, Sweden

Primary Industry

Power & Utilities

About

Based in Stockholm, Sweden, founded in 2018 by Akshay Shah, Martin Renck, Mattias Liss, and Ulf Stenerhag (CEO), Wayout International AB operates as a service provider business that offers water treatment facilities and systems. In September 2022, Wayout International AB raised an amount of venture funding from Raiven Capital. Wayout International AB provides complete water production systems for local coverage of perfect drinking water on a commercial platform with a low environmental impact. The water is delivered in antiseptic refillable stainless-steel kegs and a cloud-connected tap that communicates water information and consumption data to the user and the operator.


Current Investors

Raiven Capital, Gullspång Re:food, Climentum Capital

Primary Industry

Power & Utilities

Sub Industries

Water & Sewer Utilities

Website

www.wayout.com

Verticals

Cloud Computing, IoT (Internet of Things)

Company Stage

Series A

Total Amount Raised

Subscriber access only

Wayout International AB - timeline of key events

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Wayout International AB - financials

Fiscal Year EndedDec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024
Revenue (USD)--498,474867,466---
% Revenue Growth (YoY)---74.0%---
EBITDA (USD)(692,408)(6,009,589)(9,114,897)(16,333,632)---
Operating Income (USD)(692,408)(6,009,589)(12,636,508)(21,427,470)---
Operating Margin--(2535.0%)(2470.1%)---
% EBITDA Margin--(1828.6%)(1882.9%)---
NET Income (USD)(692,351)(6,013,586)(12,855,376)(21,673,561)---
% Net Margin--(2578.9%)(2498.5%)---

Wayout International AB - employee data

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