Iflytek

USTC iFLYTEK Science & Technology focuses on research and development of speech technology, software, and chip products and services.

Launch date

Dec 1999

Employees

1001-5000 people

Market cap

Enterprise valuation

AUD17.8b (Public information from Sep 2024)

Hefei Anhui (HQ)

http://iflytek.com

https://twitter.com/iflytek1999 https://www.facebook.com/iflytek1 https://www.linkedin.com/company/iflytekcoltd./https://apps.apple.com/app/id1071515612

Revenues, earnings & profits over time

CNY	2020	2021	2022	2023	2024	2025	2026
Revenues	13.0b	18.3b	18.8b	19.7b	23.5b	27.9b	32.3b
% growth	29 %	41 %	3 %	4 %	20 %	19 %	16 %
EBITDA	3.0b	3.5b	2.7b	3.0b	2.5b	3.1b	3.5b
% EBITDA margin	23 %	19 %	14 %	15 %	10 %	11 %	11 %
Profit	1.4b	1.6b	561m	657m	653m	1.2b	1.6b
% profit margin	10 %	8 %	3 %	3 %	3 %	4 %	5 %
EV / revenue	6.6x	6.4x	3.9x	5.5x	3.5x	2.9x	2.5x
EV / EBITDA	28.6x	33.5x	27.6x	35.9x	33.5x	26.6x	22.7x
R&D budget	2.2b	2.8b	3.1b	3.5b	-	-	-
R&D % of revenue	17 %	15 %	17 %	18 %	-	-	-

Date	Investors	Amount	Round
Jan 2001	N/A	N/A	Early VC
Jun 2001	N/A	N/A	Series A
Dec 2001	Intel Capital	$520k	Series C
Jun 2005	Infotech Pacific Ventures	N/A	Series D
May 2008	N/A	N/A	IPO
Jul 2019*	China Asset Management	CNY3.0b	Post IPO Equity
Total Funding		AUD804k

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

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