X-akseli Oy
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.
X-akseli Oy - overview
Established
2008
Location
Espoo, -, Finland
Primary Industry
Software
About
X-akseli Oy specializes in providing software solutions that enhance operational efficiency within healthcare organizations, focusing on resource optimization and patient management. Founded in 2008 and headquartered in Espoo, Finland, X-akseli Oy offers innovative software solutions for healthcare organizations. The company has undergone strategic developments since its inception, including a notable acquisition by Standout Capital in May 2019. The CEO, Ilari Laaksonen, leads the firm, which has established a single deal to date.
X-akseli Oy delivers software solutions aimed at improving operational efficiency in healthcare settings. Its primary product offerings include self-registration tools, resource management systems, and patient transfer coordination tools designed to streamline hospital administrative processes and enhance patient care. The company predominantly serves hospitals, health centers, and healthcare professionals in Finland, with plans for expansion into other European markets. In the most recent fiscal year of 2023, X-akseli Oy reported revenues of USD 6.
50 mn, with an EBITDA of USD 1. 18 mn. The company's revenue is generated via a subscription-based model, which encompasses initial setup costs and ongoing subscription fees, focusing on improving healthcare delivery through its software solutions. X-akseli Oy is strategically focused on launching new products and expanding into additional European markets.
The company is currently designing innovative tools to further enhance healthcare delivery, with planned releases in the upcoming quarters. Recent funding will support these product developments and expansion efforts, enabling the company to utilize resources effectively in line with its growth objectives.
Current Investors
Standout Capital
Primary Industry
Software
Sub Industries
Medical Software, Systems Management Software
Website
www.x-akseli.fi
Verticals
Cloud Computing
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
X-akseli Oy - timeline of key events
X-akseli Oy - financials
| Fiscal Year Ended | Dec 31, 2009 | Dec 31, 2010 | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 9,150 | 63,246.2 | 472,667.1 | 580,087.6 | 661,105.2 | 1,178,673 | 1,667,722.7 | 2,046,566.7 | 2,532,801.7 | 3,807,243.5 | 4,500,881.7 | 4,633,202.4 | 4,308,516.5 | - | - | - |
| % Revenue Growth (YoY) | - | 591.2% | 647.3% | 22.7% | 14.0% | 78.3% | 41.5% | 22.7% | 23.8% | 50.3% | 18.2% | 2.9% | (7.0%) | - | - | - |
| EBITDA (USD) | 3,620.2 | 6,143.5 | 75,941.2 | 85,395.8 | 30,655.2 | 139,054.8 | 240,107.4 | 175,129.2 | 161,764 | 697,260.3 | 1,214,605.6 | 746,006.2 | (315,273.1) | - | - | - |
| Operating Income (USD) | 3,620.2 | 6,143.5 | 75,941.2 | 85,395.8 | 30,655.2 | 139,054.8 | 240,107.4 | 175,129.2 | 152,939 | 611,940.3 | 1,083,369.7 | 743,759.9 | (343,820.7) | - | - | - |
| Operating Margin | 39.6% | 9.7% | 16.1% | 14.7% | 4.6% | 11.8% | 14.4% | 8.6% | 6.0% | 16.1% | 24.1% | 16.1% | (8.0%) | - | - | - |
| % EBITDA Margin | 39.6% | 9.7% | 16.1% | 14.7% | 4.6% | 11.8% | 14.4% | 8.6% | 6.4% | 18.3% | 27.0% | 16.1% | (7.3%) | - | - | - |
| NET Income (USD) | 26.7 | 2,607.6 | 53,823 | 21,191 | 20,844.5 | 135,977 | 193,161.5 | 140,000.4 | 122,120.9 | 489,140.2 | 866,374 | 597,255.4 | (350,507.4) | - | - | - |
| % Net Margin | 0.3% | 4.1% | 11.4% | 3.7% | 3.2% | 11.5% | 11.6% | 6.8% | 4.8% | 12.8% | 19.2% | 12.9% | (8.1%) | - | - | - |
X-akseli Oy - 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 | X-akseli Oy | - |
Displaying 1 - 1 of 1
X-akseli Oy - employee data
X-akseli Oy - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Board Member | BM |
BM Board Member
Want to see more?
Request a demo for full access to this profile
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.