Tune Protect Group
Financials
Estimates*
MYR | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
---|---|---|---|---|---|---|---|
Revenues | 190m | 197m | 297m | 427m | 372m | 379m | - |
% growth | (25 %) | 4 % | 51 % | 44 % | (13 %) | 2 % | - |
Profit | 18.0m | (15.0m) | (34.0m) | (<1m) | 25.6m | 33.1m | 36.5m |
% profit margin | 9 % | (8 %) | (11 %) | - | 7 % | 9 % | - |
EV / revenue | 1.7x | 1.6x | 0.8x | 0.7x | 0.7x | 0.7x | - |
Date | Investors | Amount | Round |
---|---|---|---|
$5.0m | Seed | ||
N/A | N/A | IPO | |
Total Funding | $5.0m |
Recent News about Tune Protect Group
EditTune Protect is a digital insurance provider offering a wide range of affordable and comprehensive online protection plans tailored to meet the needs of individuals. Operating primarily in the Malaysian market, Tune Protect serves clients seeking convenient and accessible insurance solutions. The company’s business model revolves around providing various insurance products such as motorbike, home, travel, dental, and critical illness coverage through an easy-to-navigate online platform. Tune Protect generates revenue by selling these insurance policies directly to consumers via its website, ensuring a streamlined and user-friendly experience. The company targets tech-savvy individuals who prefer managing their insurance needs digitally, offering them flexibility and significant cost savings. Tune Protect’s innovative approach and diverse product offerings position it as a competitive player in the digital insurance market.
Keywords: digital insurance, affordable plans, motorbike insurance, home insurance, travel insurance, dental insurance, critical illness coverage, Malaysian market, online platform, tech-savvy consumers.