Financials

Estimates*

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Revenues, earnings & profits over time
EUR2020202120222023202420252026
Revenues65.2m71.2m103m75.1m75.8m81.5m89.0m
% growth7 %9 %45 %(27 %)1 %8 %9 %
EBITDA5.0m5.3m4.1m<1m(<1m)1.6m2.9m
% EBITDA margin8 %7 %4 %--2 %3 %
Profit<1m<1m(2.5m)58.2m(2.3m)(1.0m)<1m
% profit margin1 %1 %(2 %)78 %(3 %)(1 %)-
EV / revenue1.0x0.9x0.6x0.3x1.0x1.0x0.9x
EV / EBITDA12.5x12.9x16.0x60.5x-208.4x49.5x28.2x
R&D budget2.9m3.2m4.5m1.9m---
R&D % of revenue4 %4 %4 %3 %---

Source: Dealroom estimates

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DateInvestorsAmountRound
-

N/A

-
*

€3.0m

Valuation: €20.0m

IPO
*

€6.0m

Valuation: €30.0m

1.4x EV/LTM Revenues

12.5x EV/LTM EBITDA

Post IPO Equity
*

N/A

Acquisition
Total Funding-

Recent News about Growens

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More about Growensinfo icon
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Growens is a technology group specializing in cloud marketing solutions that focus on digital content creation, messaging, and data-driven automation. The company serves a diverse range of clients, including businesses looking to enhance their customer communication strategies. Operating primarily in the digital marketing and cloud technology sectors, Growens has grown both organically and through strategic acquisitions. The business model revolves around providing software-as-a-service (SaaS) solutions, which generate revenue through subscription fees and usage-based pricing. The company is composed of two main business units: Beefree, a leading digital content editor developed in San Francisco, and Agile Telecom, which operates in the SMS wholesale market. Growens has received multiple awards for its commitment to well-being, sustainability, and innovation, including certifications from ChooseMyCompany and an award from the Italian Association for Personnel Management (AIDP).

Keywords: cloud marketing, digital content, messaging, automation, SaaS, customer communication, Beefree, Agile Telecom, sustainability, innovation.

Tech stack

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

Investments by Growens

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acumbamail
ACQUISITION by TeamSystem Feb 2023
ContactLab
ACQUISITION by TeamSystem Mar 2023
Datatrics
ACQUISITION by Squeezely Oct 2023
MailCult
ACQUISITION by Growens Jun 2017
Agile Telecom
ACQUISITION by Growens Dec 2015
Globase International
ACQUISITION by Growens Nov 2015