Bawat
Financials
Estimates*
EUR | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|---|---|---|
EBITDA | (<1m) | (1.3m) | (1.7m) | (1.9m) | (1.5m) | (1.6m) | (1.6m) |
Profit | (<1m) | (1.5m) | (2.0m) | (2.0m) | (2.1m) | (3.1m) | (2.8m) |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
€2.4m | Grant | ||
N/A | N/A | IPO | |
* | N/A | SEK7.0m | Post IPO Equity |
* | SEK25.0m | Post IPO Equity | |
Total Funding | AUD4.1m |
Related Content
Recent News about Bawat
EditBawat is a pioneering company in the ballast water management industry, offering a unique and environmentally friendly solution for treating ballast water on ships. The company operates in the marine engineering sector, providing services to a wide range of clients, including shipping companies, vessel operators, and marine engineering firms. Bawat's primary market includes global maritime industries that require effective and sustainable ballast water treatment solutions to comply with international regulations.
Bawat's business model revolves around its patented technology, which uses pasteurization to treat ballast water. This method is notable for not requiring any chemical compounds, UV irradiation, or filters, making it a safer and more sustainable option compared to traditional methods. The technology leverages waste energy available on board ships during their voyage, treating the ballast water as the ship sails. This in-voyage treatment approach not only ensures compliance with environmental standards but also reduces operational costs for ship operators.
The company generates revenue through the sale and leasing of its ballast water management systems (BWMS), including mobile containerized units that can be used across different vessels and barges. Additionally, Bawat offers after-sales services and support to ensure the optimal performance of its systems. The recent joint venture with Green Swan Partners further expands Bawat's market reach and enhances its service offerings.
In summary, Bawat stands out in the ballast water management industry with its innovative, cost-effective, and eco-friendly technology. By focusing on sustainable practices and leveraging waste energy, Bawat provides a compelling solution for maritime clients looking to meet regulatory requirements while minimizing environmental impact.
Keywords: Ballast Water Management, Marine Engineering, Sustainable Technology, Pasteurization, In-Voyage Treatment, Eco-Friendly, Cost-Effective, Shipping Industry, Waste Energy, Maritime Compliance.