REC Silicon

REC Silicon

Global leader in silane-based, high-purity silicon materials. Learn more

Launch date
Employees
Market cap
€285m
Enterprise valuation
€320m (Public information from Sep 2024)
Bærum Viken (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
NOK2020202120222023202420252026
Revenues1.0b1.2b1.2b1.2b2.2b5.3b6.2b
% growth(24 %)17 %3 %(5 %)85 %145 %18 %
EBITDA459m70.2m(354m)(557m)(1.0b)1.5b2.0b
% EBITDA margin45 %6 %(29 %)(48 %)(47 %)27 %32 %
Profit(386m)(249m)(717m)252m(1.6b)529m956m
% profit margin(38 %)(21 %)(59 %)22 %(74 %)10 %15 %
EV / revenue6.0x6.3x5.5x6.7x3.1x1.2x0.9x
EV / EBITDA13.3x106.1x-18.9x-14.1x-6.7x4.4x2.8x
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DateInvestorsAmountRound
*
N/A

N/A

IPO
*

N/A

Corporate spinout
*

$160m

Valuation: $802m

6.6x EV/LTM Revenues

14.5x EV/LTM EBITDA

Private Placement non VC

$44.0m

Secondary

$115m

Secondary
*

$100m

Post IPO Debt
*

$40.0m

Post IPO Debt
Total Funding-

Recent News about REC Silicon

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More about REC Siliconinfo icon
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REC Silicon is a leading global provider of high-purity polysilicon and silicon gases, serving the solar and electronics industries. The company operates primarily in the renewable energy and semiconductor markets, offering products such as Solar Grade Polysilicon, Electronic Grade Polysilicon, and Silicon Gases. REC Silicon's business model revolves around the production and sale of these materials, which are essential for manufacturing solar panels and electronic devices. The company utilizes proprietary Fluid Bed Reactor (FBR) technology, which significantly reduces production costs and energy consumption compared to traditional methods. This technological advantage allows REC Silicon to maintain competitive pricing and high-quality standards. The company generates revenue through long-term contracts and spot market sales to a diverse client base, including solar panel manufacturers and semiconductor companies.

Keywords: polysilicon, silicon gases, solar energy, electronics, FBR technology, renewable energy, semiconductor, high-purity materials, cost-efficient, manufacturing.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.