poLight
Financials
Estimates*
NOK | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|
Revenues | - | 3.0m | 3.0m | 10.0m | 13.4m | 22.5m |
% growth | - | - | 1 % | 232 % | 33 % | 68 % |
EBITDA | - | (51.4m) | (38.8m) | (41.3m) | (56.9m) | (75.3m) |
% EBITDA margin | - | (1722 %) | (1284 %) | (411 %) | (426 %) | (335 %) |
Profit | - | (77.9m) | (51.2m) | (53.5m) | (67.9m) | (85.5m) |
% profit margin | - | (2606 %) | (1694 %) | (533 %) | (508 %) | (380 %) |
EV / revenue | - | 82.6x | 227.1x | 177.7x | 65.9x | 58.1x |
EV / EBITDA | - | -4.8x | -17.7x | -43.2x | -15.5x | -17.4x |
R&D budget | - | 19.9m | 20.4m | 25.4m | 32.9m | 34.6m |
R&D % of revenue | - | 665 % | 677 % | 253 % | 246 % | 154 % |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
€3.4m | Series A | ||
$18.5m | Series B | ||
N/A | Grant | ||
$19.0m | Late VC | ||
€17.0m | Late VC | ||
* | N/A | NOK130m Valuation: NOK401m | IPO |
Total Funding | €54.5m |
Recent News about poLight
EditpoLight ASA, headquartered in Horten, Norway, specializes in developing advanced photographic lens technology for mobile devices. The company's flagship product, the poLight TLens, replicates the human eye's lens, enabling instant focus and superior image quality. This technology is based on over a decade of research and development and utilizes wafer-scale MEMS (Micro-Electro-Mechanical Systems) and shapeable polymers to create active optical components. The TLens offers significant advantages such as extremely fast focus, compact size, no electromagnetic interference, low power consumption, and a constant field of view. These features make it ideal for easy integration into single and multi-camera setups in mobile devices. poLight serves the camera module market, targeting mobile device manufacturers and other applications requiring advanced imaging solutions. The company generates revenue through the sale of its proprietary TLens technology and related components. With offices in Norway, Finland, China, and France, and representation in Korea, Taiwan, and Japan, poLight is well-positioned in the global market.
Keywords: TLens, MEMS, instant focus, mobile devices, optical components, shapeable polymers, camera modules, low power, compact design, imaging technology.