Socar
Eco-friendly car sharing community that allows travelers to share cars with others who are traveling the same route.
Launch date
Employees
Market cap
€476m
Enterprise valuation
€715m (Public information from Sep 2024)
Share price
KRW18780 403550.KS
Seoul South Korea (HQ)
Financials
Estimates*
KRW | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
---|---|---|---|---|---|---|---|
Revenues | 220.6b | 289.0b | 397.6b | 398.5b | 444m | 563m | 633m |
% growth | - | 31 % | 38 % | - | (100 %) | 27 % | 12 % |
EBITDA | 44.6b | 62.3b | 79.7b | 71.9b | 92.5m | 99.0m | 109m |
% EBITDA margin | 20 % | 22 % | 20 % | 18 % | 21 % | 18 % | 17 % |
Profit | (67.4b) | 6.3b | (18.1b) | (42.3b) | (22.3m) | 9.4m | 19.7m |
% profit margin | (31 %) | 2 % | (5 %) | (11 %) | (5 %) | 2 % | 3 % |
EV / revenue | - | - | - | - | 2.1x | 1.6x | 1.4x |
EV / EBITDA | - | - | 0.0x | 0.0x | 10.0x | 9.2x | 7.9x |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Seed | ||
N/A | Seed | ||
N/A | $18.0m | - | |
$56.0m | Series B | ||
* | KRW15.0b | Series B | |
KRW60.0b | Series C | ||
$44.0m | Series D | ||
* | KRW51.0b | Series E | |
$42.5m Valuation: $1.0b | Growth Equity VC | ||
* | KRW183.2b | Late VC | |
* | N/A | $78.1m Valuation: $731m 3.0x EV/LTM Revenues 14.0x EV/LTM EBITDA | IPO |
* | KRW26.5b | Post IPO Equity | |
Total Funding | €382m |