Elkem
One of the world's leading suppliers of silicon-based advanced materials with operations throughout the value chain from quartz to specialty silicones.
Launch date
Employees
Market cap
$1.5b
Enterprise valuation
$2.8b (Public information from Sep 2024)
Share price
NOK18.7 ELK.OL
Company register number 911382008
Oslo Norway (HQ)
Financials
Estimates*
NOK | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
---|---|---|---|---|---|---|---|
Revenues | 24.0b | 33.1b | 45.0b | 34.4b | 35.3b | 39.6b | 43.0b |
% growth | 8 % | 38 % | 36 % | (24 %) | 3 % | 12 % | 9 % |
EBITDA | 2.9b | 8.0b | 12.7b | 3.8b | 4.3b | 5.7b | 6.5b |
% EBITDA margin | 12 % | 24 % | 28 % | 11 % | 12 % | 14 % | 15 % |
Profit | 239m | 4.6b | 9.6b | 72.0m | 1.0b | 2.1b | 2.8b |
% profit margin | 1 % | 14 % | 21 % | - | 3 % | 5 % | 7 % |
EV / revenue | 1.0x | 0.7x | 0.6x | 0.7x | 0.6x | 0.5x | 0.5x |
EV / EBITDA | 8.5x | 3.0x | 2.0x | 6.0x | 5.2x | 3.6x | 3.1x |
Date | Investors | Amount | Round |
---|---|---|---|
NOK400k | Grant | ||
NOK16.0m | Grant | ||
NOK200k | Grant | ||
N/A | NOK16.9b | IPO | |
NOK7.1m | Grant | ||
NOK18.0m | Grant | ||
N/A | $5.5m | Grant | |
N/A | $12.0m | Grant | |
$5.0m | Post IPO Equity | ||
NOK16.0m | Grant | ||
NOK5.5m | Grant | ||
* | NOK1.0b | Post IPO Equity | |
* | N/A | Grant | |
Total Funding | $25.2m |
Recent News about Elkem
EditTech stack
Tech stackLearn more about the technologies and tools that this company uses.
Investments by Elkem
EditACQUISITION by Reliance New Energy Solar Oct 2021
ACQUISITION by Elkem Aug 2019
ACQUISITION by Elkem Jun 2022
ACQUISITION by Elkem Jun 2023
ACQUISITION by Elkem Jan 2024