Eargo
A company made up of ENT surgeons, tech geeks and dreamers, united in our belief that people should be able to hear life to the fullest.
Launch date
Employees
Market cap
AUD82.5m
Enterprise valuation
AUD23m (Public information from Feb 2024)
Share price
$2.57 EAR
San Jose California (HQ)
Financials
Estimates*
| USD | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Revenues | 23.2m | 32.8m | 69.2m | 32.1m | 37.2m | 38.8m | 37.0m |
| % growth | 250 % | 42 % | 111 % | (54 %) | 16 % | 4 % | (5 %) |
| EBITDA | (32.7m) | (42.2m) | (36.3m) | (152m) | (156m) | - | - |
| % EBITDA margin | (141 %) | (129 %) | (53 %) | (475 %) | (419 %) | - | - |
| Profit | (33.8m) | (44.5m) | (39.9m) | (158m) | (157m) | - | - |
| % profit margin | (146 %) | (136 %) | (58 %) | (491 %) | (423 %) | - | - |
| EV / revenue | - | - | 21.9x | 3.5x | 3.9x | - | - |
| EV / EBITDA | - | - | -41.7x | -0.7x | -0.9x | - | - |
| R&D budget | 9.5m | 12.8m | 12.0m | 25.2m | 18.8m | - | - |
| R&D % of revenue | 41 % | 39 % | 17 % | 79 % | 51 % | - | - |
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
$13.6m | Series A | ||
$25.0m | Series B | ||
N/A | Convertible | ||
$45.0m | Series C | ||
$52.0m | Series D | ||
$71.0m | Series E | ||
| N/A | N/A | IPO | |
* | $100m | Post IPO Convertible | |
* | N/A | $29.3m | Post IPO Equity |
* | N/A | Acquisition | |
| Total Funding | AUD319m | ||
Related Content
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