Financials

Estimates*

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Revenues, earnings & profits over time
EUR2017201820192020202120222023
Revenues<1m2.6m3.4m6.0m15.1m23.2m33.6m
% growth61 %170 %31 %75 %151 %53 %45 %
EBITDA<1m<1m<1m<1m1.8m--
% EBITDA margin9 %6 %8 %16 %12 %--
Profit<1m<1m<1m<1m1.1m--
% profit margin5 %3 %5 %12 %7 %--

Source: Dealroom estimates

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DateInvestorsAmountRound
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N/A

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€890k

Grant
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N/A

Acquisition
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N/A

Growth Equity VC
Total FundingAUD1.5m

Recent News about Landis+Gyr EV Solutions

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Etrel is a company that specializes in providing smart charging solutions for electric vehicles (EVs). Their technology is designed to make EV charging more efficient, sustainable, and user-friendly. Etrel serves a diverse range of clients, including homeowners, businesses, and public charging networks. They operate in the electric mobility market, which is rapidly growing as more people and companies adopt EVs to reduce their carbon footprint.

Etrel's business model revolves around selling both hardware and software solutions. Their hardware includes AC charging stations that can be installed at homes or businesses. These stations are equipped with advanced features like intelligent user interaction and power management. On the software side, Etrel offers a charging management system that connects various charging stations, allowing for better management and monetization of the charging infrastructure. This system supports industry standards like OCPP (Open Charge Point Protocol) and Modbus, ensuring compatibility with a wide range of devices.

The company makes money by selling their charging stations and software solutions to clients. They also offer a mobile app that provides users with a seamless experience, allowing them to easily find and use charging stations. This app can track all charging activities, making it easier for users to manage their EV charging needs.

Etrel's solutions are designed to integrate EV batteries into smart grids, which helps in the broader use of renewable energy. This is crucial for making electric mobility more sustainable. Their technology is already being used by major players in the industry, such as Croatian Telekom and Fortisis in Greece, who attest to the high quality and durability of Etrel's products.

In summary, Etrel is a key player in the electric mobility market, offering smart charging solutions that make EV charging more efficient and sustainable.

Keywords: EV charging, smart grids, renewable energy, AC charging stations, OCPP, Modbus, electric mobility, charging management, sustainability, digitalization.

Tech stack

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