Fortum
Fortum is a European energy company with activities in more than 40 countries. We provide our customers with electricity, gas, heating and cooling as well as smart solutions to improve resource efficiency.
Launch date
Employees
Market cap
€12.7b
Enterprise valuation
€14.0b (Public information from Sep 2024)
Share price
€14.29 FORTUM.HE
Company register number 0350017-4
Espoo Uusimaa (HQ)
Corporate Venture Fund: Valkea
Financials
Estimates*
EUR | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
---|---|---|---|---|---|---|---|
Revenues | 49.0b | 112.4b | 8.8b | 6.7b | 6.3b | 6.0b | 5.6b |
% growth | 800 % | 129 % | (92 %) | (24 %) | (6 %) | (4 %) | (7 %) |
EBITDA | 3.9b | 7.5b | 2.9b | 2.1b | 1.7b | 1.5b | 1.4b |
% EBITDA margin | 8 % | 7 % | 33 % | 31 % | 27 % | 24 % | 26 % |
Profit | 1.8b | 739m | (2.4b) | (2.1b) | 1.1b | 880m | 832m |
% profit margin | 4 % | 1 % | (27 %) | (31 %) | 17 % | 15 % | 15 % |
EV / revenue | 0.5x | 0.3x | 1.7x | 1.9x | 2.2x | 2.3x | 2.5x |
EV / EBITDA | 6.2x | 4.5x | 5.2x | 6.0x | 8.3x | 9.6x | 9.9x |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | N/A | IPO | |
* | €350m | Post IPO Debt | |
* | €400m | Post IPO Debt | |
Total Funding | - |
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ACQUISITION by Corpay Sep 2022
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ACQUISITION by NASDAQ Jun 2021
ACQUISITION by Fortum Jun 2023