Socar
Eco-friendly car sharing community that allows travelers to share cars with others who are traveling the same route.
Launch date
Employees
Market cap
AUD810m
Enterprise valuation
AUD1.2b (Public information from Sep 2024)
Share price
KRW18960 403550.KS
Seoul South Korea (HQ)
Financials
Estimates*
| KRW | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Revenues | 220.6b | 289.0b | 397.6b | 398.5b | 444m | 563m | 633m |
| % growth | - | 31 % | 38 % | - | (100 %) | 27 % | 12 % |
| EBITDA | 44.6b | 62.3b | 79.7b | 71.9b | 92.5m | 99.0m | 109m |
| % EBITDA margin | 20 % | 22 % | 20 % | 18 % | 21 % | 18 % | 17 % |
| Profit | (67.4b) | 6.3b | (18.1b) | (42.3b) | (22.3m) | 9.4m | 19.7m |
| % profit margin | (31 %) | 2 % | (5 %) | (11 %) | (5 %) | 2 % | 3 % |
| EV / revenue | - | - | - | - | 2.1x | 1.6x | 1.4x |
| EV / EBITDA | - | - | 0.0x | 0.0x | 10.0x | 9.2x | 7.9x |
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
N/A | Seed | ||
N/A | Seed | ||
| N/A | $18.0m | - | |
$56.0m | Series B | ||
* | KRW15.0b | Series B | |
KRW60.0b | Series C | ||
$44.0m | Series D | ||
* | KRW51.0b | Series E | |
$42.5m Valuation: $1.0b | Growth Equity VC | ||
* | KRW183.2b | Late VC | |
* | N/A | $78.1m Valuation: $731m 3.0x EV/LTM Revenues 14.0x EV/LTM EBITDA | IPO |
* | KRW26.5b | Post IPO Equity | |
| Total Funding | AUD649m | ||
