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Wello Oy

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Location

Espoo Finland

Primary Industry

Renewable Energy

About

Wello is an innovation company with a focus on creating an ecological solution to harness one of the world's greatest renewable energy sources, the ocean. Wave energy offers enormous potential while causing minimal impact on the environment.
Current Investors
Innovestor, Fortum, VNT Management

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Primary Industry
Renewable Energy
Sub Industries
Hydro Power
Website
www.wello.eu
Company Stage
Early Stage
Total Amount Raised
Subscriber access only

Financials

Fiscal Year Ended
Revenue (USD)
% Revenue Growth (YoY)
Operating Income (USD)
Operating Margin
EBITDA (USD)
% EBITDA Margin
NET Income (USD)
% Net Margin
31 Dec 2009
0
-
(146,722)
-
(146,122)
-
(146,638)
-
31 Dec 2010
0
-
(104,857)
-
(104,857)
-
(105,272)
-
31 Dec 2011
3,822
-
(161,514)
(4225.8%)
(161,177)
(4217%)
(173,174)
(4530.8%)
31 Dec 2012
0
(100%)
(273,028)
-
(264,739)
-
(280,183)
-
31 Dec 2013
0
-
(451,624)
-
(445,407)
-
(472,326)
-
31 Dec 2014
200,000
-
(144,903)
(72.5%)
(139,670)
(69.8%)
(906,297)
(453.1%)
31 Dec 2015
500,000
150%
88,012
17.6%
91,937
18.4%
19,405
3.9%
31 Dec 2016
-
-
(347,367)
-
(344,798)
-
(458,977)
-
31 Dec 2017
11,161
-
(535,752)
(4800.2%)
(533,826)
(4783%)
(704,218)
(6309.6%)
31 Dec 2018
0
(100%)
(583,693)
-
(582,248)
-
(823,364)
-
31 Dec 2019
31 Dec 2020
31 Dec 2021

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