Minim
Financials
Estimates*
| USD | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenues | 29.4m | 32.3m | 37.6m | 48.0m | 55.4m | 50.6m | 26.1m |
| % growth | - | 10 % | 16 % | 28 % | 15 % | (9 %) | (48 %) |
| EBITDA | (<1m) | <1m | (3.2m) | (4.8m) | (3.3m) | (15.0m) | (16.4m) |
| % EBITDA margin | (3 %) | 1 % | (9 %) | (10 %) | (6 %) | (30 %) | (63 %) |
| Profit | (1.4m) | (<1m) | (3.3m) | (3.9m) | (3.6m) | (15.5m) | (17.6m) |
| % profit margin | (5 %) | - | (9 %) | (8 %) | (6 %) | (31 %) | (68 %) |
| R&D budget | 1.9m | 1.8m | 2.2m | 3.8m | 6.2m | 5.8m | 3.4m |
| R&D % of revenue | 7 % | 5 % | 6 % | 8 % | 11 % | 12 % | 13 % |
| Date | Investors | Amount | Round |
|---|---|---|---|
$2.5m | Seed | ||
| Total Funding | €2.3m | ||
Recent News about Minim
EditMinim, Inc. operates in the intelligent networking products market, focusing on enhancing home connectivity through advanced security and management features. The company serves residential customers, internet service providers (ISPs), and small businesses. Minim's core product offerings include routers, modems, and a cloud-based management platform that allows users to monitor and control their network devices remotely. The business model is primarily based on hardware sales and subscription services for its cloud platform. Revenue is generated through the sale of networking hardware and recurring subscription fees for the management platform. Minim aims to address the growing demand for secure and reliable home internet solutions, positioning itself as a key player in the smart home technology market.
Keywords: intelligent networking, home connectivity, advanced security, management features, residential customers, ISPs, small businesses, cloud platform, hardware sales, subscription services.