Termo
Financials
Estimates*
| EUR | 2016 | 2017 | 2018 | 2019 | 2020 |
|---|---|---|---|---|---|
| Revenues | 1.0m | 3.0m | 2.0m | 3.0m | 4.0m |
| % growth | - | 200 % | (33 %) | 50 % | 33 % |
| EBITDA | (<1m) | (<1m) | (<1m) | (<1m) | (2.0m) |
| % EBITDA margin | (50 %) | (27 %) | (40 %) | (17 %) | (50 %) |
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
€1.0m | Seed | ||
| N/A | N/A | Series A | |
$8.5m | Series C | ||
| Total Funding | €8.7m | ||
Recent News about Termo
EditTermo SpA, formerly known as Termostore, is a prominent player in Italy's heating and air conditioning sector. The company specializes in the installation and maintenance of boilers and air conditioning systems, catering to both residential and commercial clients. Operating within the green technology and energy efficiency market, Termo SpA leverages government incentives like the Ecobonus and the 110% Superbonus to offer comprehensive energy and seismic redevelopment packages. The business model revolves around providing turnkey solutions that include installation, maintenance, and compliance with energy efficiency standards. Revenue is generated through service fees, installation charges, and maintenance contracts. The company also acts as a general contractor for large-scale energy efficiency projects, ensuring seamless execution from start to finish. Termo SpA recently secured a €7.3 million investment round led by the Italian Investment Fund SGR, aimed at further digitizing its operations and expanding its market reach.
Keywords: Heating, Air Conditioning, Boilers, Ecobonus, Energy Efficiency, Turnkey Solutions, Italy, Maintenance, Installation, Green Technology.