Cornish Lithium
Focused on exploring for lithium within the hot springs that naturally occur beneath the surface in and around Cornish granites with the aim to create a new mining industry in Cornwall.
Launch date
Employees
Market cap
-
Enterprise valuation
CAD198m (Public information from Sep 2023)
Company register number 10205021
Penryn England (HQ)
Financials
Estimates*
| EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenues | - | - | <1m | <1m | <1m | <1m | <1m |
| % growth | - | - | - | - | 42 % | 63 % | 34 % |
| EBITDA | (<1m) | (<1m) | (2.3m) | (1.9m) | (2.9m) | (7.2m) | - |
| % EBITDA margin | - | - | (1292 %) | (1044 %) | (1126 %) | (1750 %) | - |
| Profit | (<1m) | (<1m) | (2.1m) | (1.6m) | (1.7m) | (7.9m) | - |
| % profit margin | - | - | (1156 %) | (899 %) | (682 %) | (1911 %) | - |
| Date | Investors | Amount | Round |
|---|---|---|---|
* | £121k | Grant | |
£1.4m Valuation: £20.0m -26.5x EV/LTM EBITDA | Seed | ||
| N/A | £54.7k | Seed | |
* | £5.2m | Seed | |
* | £6.0m Valuation: £82.2m -52.9x EV/LTM EBITDA | Early VC | |
* | £4.8m | Grant | |
* | £18.0m | Early VC | |
* | N/A | Grant | |
N/A | Grant | ||
* | £53.6m | Late VC | |
* | $4.2m Valuation: $145m -18.2x EV/LTM EBITDA | Late VC | |
| Total Funding | CAD166m | ||
