HiProMine
Financials
Estimates*
| EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|
| Revenues | <1m | <1m | 1.0m | 2.0m | 1.8m | <1m |
| % growth | - | 1165 % | 150 % | 100 % | (8 %) | (79 %) |
| EBITDA | (<1m) | (<1m) | (2.0m) | <1m | (1.2m) | (1.9m) |
| % EBITDA margin | (1158 %) | (100 %) | (200 %) | 15 % | (65 %) | (486 %) |
| Profit | (<1m) | (<1m) | (1.7m) | (<1m) | (1.8m) | (2.5m) |
| % profit margin | (1359 %) | (132 %) | (173 %) | (12 %) | (100 %) | (653 %) |
| EV / revenue | - | - | - | - | - | 53.0x |
| EV / EBITDA | - | - | - | - | - | -10.9x |
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
€280k | Seed | ||
€100k | Seed | ||
* | N/A | Seed | |
N/A | Series A | ||
| Total Funding | €380k | ||
Recent News about HiProMine
EditHiProMine operates in the innovative field of industrial-scale insect farming, focusing on the production of organic and nutritious insect-based food and feed products. The company primarily serves clients in the animal husbandry, aquaculture, and agricultural sectors, providing high-quality protein and feed solutions derived from black soldier flies. HiProMine's business model revolves around the sustainable and efficient recycling of organic waste into valuable protein and oil products, which are then sold to various industries. Revenue is generated through the sale of these insect-based products, including insect protein powder, dried larvae, insect protein pulp, and organic fertilizers. The company leverages advanced bioreactor technology to ensure low energy consumption and high output, positioning itself as a leader in sustainable agriculture and animal nutrition.
Keywords: insect farming, organic protein, animal feed, black soldier flies, sustainable agriculture, bioreactor technology, aquaculture, organic fertilizer, industrial scale, innovative solutions.