WEIQ
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WEIQ - overview
Established
2018
Location
Malmo, -, Sweden
Primary Industry
Software
About
Based in Malmo, Sweden, and founded in 2018 by CEO Josef Weidman, Henrik Norrman, and Alexander Najafi, MEIQ Systems AB, d. b. a. WEIQ operates as a software company that simplifies ordering and payments in restaurants.
The company allows users to order themselves via QR or link for table service, take-away, and entrance tickets. The company provides a platform that includes a handheld terminal that integrates digital orders, making it ideal for seasonal restaurants. The platform offers a wide range of features, including menu management, sales analysis, and reporting, accessible from mobile devices. WEIQ also integrates with accounting and external analysis tools, ensuring better administration.
The company generates revenue from subscriptions to its platform features, which include Right (SEK 790 per month) and Everything (SEK 1,490 per month). The firm also generates revenue from offering WEIQ terminals at SEK 300 per month.
Current Investors
Falvir
Primary Industry
Software
Sub Industries
Accounting/Finance Software, Analytics & Performance Software, Content Management Software, Sales & Marketing Software
Website
www.weiq.tech
Verticals
Big Data, Cloud Computing, FinTech
Company Stage
Early Stage
Total Amount Raised
Subscriber access only
WEIQ - financials
| Fiscal Year Ended | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|
| Revenue (USD) | - | 54,503 | 1,113,500 | 2,807,168 | - | - | - |
| % Revenue Growth (YoY) | - | - | 1943.0% | 152.1% | - | - | - |
| EBITDA (USD) | (43,684) | (302,490) | (442,291) | (589,968) | - | - | - |
| Operating Income (USD) | (43,684) | (306,007) | (493,662) | (1,069,945) | - | - | - |
| Operating Margin | - | (561.4%) | (44.3%) | (38.1%) | - | - | - |
| % EBITDA Margin | - | (555.0%) | (39.7%) | (21.0%) | - | - | - |
| NET Income (USD) | (43,684) | (306,009) | (524,367) | (1,131,385) | - | - | - |
| % Net Margin | - | (561.5%) | (47.1%) | (40.3%) | - | - | - |
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