GA Drilling
Financials
Estimates*
EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|
Revenues | 3.6m | 6.1m | 9.5m | <1m | <1m | <1m | <1m |
% growth | 83 % | 67 % | 56 % | (100 %) | (47 %) | 1965 % | 3 % |
EBITDA | (5.1m) | (<1m) | <1m | (5.7m) | (4.2m) | (2.8m) | - |
% EBITDA margin | (141 %) | (8 %) | 4 % | (542325 %) | (750780 %) | (24227 %) | - |
Profit | (6.6m) | (1.4m) | (<1m) | (6.9m) | (5.4m) | (3.7m) | - |
% profit margin | (183 %) | (22 %) | (6 %) | (652710 %) | (962267 %) | (32304 %) | - |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | €2.5m | Grant | |
N/A | - | ||
N/A | Seed | ||
* | N/A | - | |
N/A | Series B | ||
N/A | €4.0m | Debt | |
* | $4.2m | Series B | |
$4.0m | Series C | ||
* | $8.0m Valuation: $23.6m 38162.4x EV/LTM Revenues -5.1x EV/LTM EBITDA | Late VC | |
* | $15.0m | Late VC | |
Total Funding | $34.0m |
Recent News about GA Drilling
EditGA Drilling specializes in providing scalable and modular geothermal energy solutions aimed at achieving zero carbon emissions. The company operates in the renewable energy sector, focusing on delivering clean and baseload geothermal energy to various markets, including electricity, heating, clean water, and food production. GA Drilling's business model revolves around offering innovative drilling technologies that enable the extraction of geothermal energy from the Earth's heat, making it accessible anywhere. This approach not only addresses energy sustainability but also aims to significantly reduce global CO2 emissions. The company generates revenue through partnerships, investments, and the deployment of its geothermal solutions to clients ranging from local communities to large-scale industrial operations. By targeting the growing demand for renewable energy, GA Drilling positions itself as a key player in the transition from fossil fuels to a sustainable energy future.
Keywords: geothermal energy, zero carbon emissions, scalable solutions, modular technology, renewable energy, electricity, heating, clean water, food production, CO2 reduction.