Thoughtworks
Financials
Estimates*
USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
---|---|---|---|---|---|---|---|
Revenues | 803m | 1.1b | 1.3b | 1.1b | 1.0b | 1.1b | 1.2b |
% growth | 4 % | 33 % | 21 % | (13 %) | (10 %) | 7 % | 12 % |
EBITDA | 148m | 47.0m | (12.3m) | 34.6m | 75.1m | 117m | 156m |
% EBITDA margin | 18 % | 4 % | (1 %) | 3 % | 7 % | 11 % | 13 % |
Profit | 79.3m | (23.6m) | (105m) | (68.7m) | (70.8m) | <1m | 41.1m |
% profit margin | 10 % | (2 %) | (8 %) | (6 %) | (7 %) | - | 3 % |
EV / revenue | - | 7.8x | 2.6x | 1.5x | 1.6x | 1.4x | 1.3x |
EV / EBITDA | - | 177.1x | -278.5x | 49.8x | 21.8x | 13.3x | 9.6x |
Date | Investors | Amount | Round |
---|---|---|---|
$28.0m | Series A | ||
N/A | Growth Equity VC | ||
$720m Valuation: $4.6b 5.7x EV/LTM Revenues 31.2x EV/LTM EBITDA | Growth Equity VC | ||
N/A | $773m Valuation: $9.0b 11.2x EV/LTM Revenues 61.0x EV/LTM EBITDA | IPO | |
Total Funding | AUD1.2b |
Related Content
Recent News about Thoughtworks
EditThoughtworks is a global technology consultancy that helps businesses modernize and innovate through a combination of strategy, design, and software engineering. With over 30 years of experience, Thoughtworks has been at the forefront of digital transformation, enabling clients to create adaptable technology platforms, world-class digital products, and leverage data and artificial intelligence (AI) to unlock new sources of value.
The company serves a diverse range of clients, from large enterprises to smaller businesses, across various industries including finance, healthcare, retail, and more. Thoughtworks operates in the global market, providing its services to clients around the world.
Thoughtworks' business model revolves around consultancy services. They work closely with clients to understand their business challenges and goals, and then develop tailored solutions that integrate strategy, design, and technology. This often involves creating custom software, modernizing existing systems, and implementing data-driven strategies.
The company makes money by charging clients for its consultancy services. This can include project-based fees, retainer agreements, and long-term partnerships. By delivering high-quality, impactful solutions, Thoughtworks helps clients achieve their business objectives, which in turn drives revenue growth for the company.
In summary, Thoughtworks is a leading technology consultancy that combines strategy, design, and software engineering to help businesses thrive in the digital age. They serve a wide range of clients globally, offering tailored solutions that drive innovation and growth.
Keywords: technology consultancy, digital transformation, software engineering, strategy, design, AI, data, enterprise modernization, custom software, global market.