POD Point
Financials
Estimates*
EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|
Revenues | 8.6m | 14.1m | 16.3m | 50.6m | 71.3m | 80.6m | 108m |
% growth | 42 % | 63 % | 15 % | 211 % | 41 % | 13 % | 34 % |
EBITDA | (4.3m) | (5.2m) | (6.6m) | (11.1m) | (4.7m) | - | - |
% EBITDA margin | (50 %) | (37 %) | (40 %) | (22 %) | (7 %) | - | - |
Profit | (5.2m) | (5.5m) | (8.0m) | 5.4m | 1.9m | 1.7m | - |
% profit margin | (61 %) | (39 %) | (49 %) | 11 % | 3 % | 2 % | - |
R&D budget | 2.0m | 2.0m | <1m | - | - | - | - |
R&D % of revenue | 23 % | 14 % | - | - | - | - | - |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
£1.5m | Series A | ||
£1.9m | Series B | ||
* | £373k | Debt | |
* | £1.8m | Early VC | |
* | £7.2m | Early VC | |
* | £2.3m | Early VC | |
N/A | Seed | ||
N/A | Acquisition | ||
Total Funding | €17.5m |
Recent News about POD Point
EditPod Point is a prominent player in the electric vehicle (EV) charging industry, focusing on the UK and Norwegian markets. Established in 2009, the company has manufactured and sold over 69,000 charging points and developed a public network comprising 3,000 charging bays at key locations such as Tesco, Lidl, and Center Parcs. Pod Point serves a diverse clientele, including individual EV owners, major automotive brands like Audi, Nissan, Volkswagen, and Hyundai, as well as high-profile corporate clients such as Skanska, Mitie, and Pepsico. Additionally, the company collaborates with top property developers and managers like Barratt Homes, Savills, and Bellway to integrate charging solutions into new developments. Pod Point's business model revolves around the sale and installation of smart home, workplace, and public charging points, generating revenue through both hardware sales and service contracts. The company's mission is to facilitate the adoption of clean transport by building an extensive network of smart EV charging points, contributing to over 158 million miles of electric driving to date.
Keywords: EV charging, smart chargepoints, UK market, Norway market, automotive brands, corporate clients, property developers, public network, clean transport, electric driving.