Frogmind
Independent game studio which goal is to make games with best possible gaming experience and high production values.
Launch date
Employees
Market cap
-
Enterprise valuation
€14m (Public information from Mar 2017)
Company register number 2469442-2
Helsinki Uusimaa (HQ)
Financials
Estimates*
| EUR | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Revenues | 2.0m | <1m | 1.4m | 5.8m | 3.9m | 4.8m | 2.7m |
| % growth | 7 % | (70 %) | 125 % | 315 % | (32 %) | 23 % | (44 %) |
| EBITDA | <1m | (<1m) | (<1m) | <1m | <1m | <1m | (3.1m) |
| % EBITDA margin | 43 % | (119 %) | (54 %) | 10 % | 10 % | 10 % | (116 %) |
| Profit | <1m | (<1m) | (<1m) | <1m | <1m | <1m | (3.1m) |
| % profit margin | 34 % | (120 %) | (55 %) | 9 % | 9 % | 10 % | (117 %) |
| R&D budget | 2.0m | <1m | 1.0m | 6.0m | - | - | - |
| R&D % of revenue | 98 % | 97 % | 72 % | 104 % | - | - | - |
Source: Dealroom estimates
| Date | Investors | Amount | Round |
|---|---|---|---|
€14.0m Valuation: €14.0m 7.4x EV/LTM Revenues 30.6x EV/LTM EBITDA | Acquisition | ||
| Total Funding | - | ||