Mantex
Financials
Estimates*
| EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenues | <1m | <1m | 1.4m | <1m | <1m | <1m | <1m |
| % growth | 12 % | 60 % | 162 % | (84 %) | (95 %) | 1315 % | 373 % |
| EBITDA | (2.8m) | (2.6m) | (1.3m) | (<1m) | (1.7m) | (1.7m) | (1.8m) |
| % EBITDA margin | (830 %) | (489 %) | (91 %) | (433 %) | (15230 %) | (1065 %) | (240 %) |
| Profit | (2.9m) | (2.7m) | (1.3m) | (<1m) | (1.8m) | (1.7m) | (1.8m) |
| % profit margin | (886 %) | (503 %) | (91 %) | (457 %) | (15891 %) | (1076 %) | (244 %) |
| EV / revenue | 30.0x | 0.3x | 1.2x | 11.3x | 3160.4x | 74.3x | 5.6x |
| EV / EBITDA | -3.6x | -0.1x | -1.4x | -2.6x | -20.8x | -7.0x | -2.3x |
Source: Dealroom estimates
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
* | N/A | N/A | - |
N/A | Early VC | ||
SEK20.0m | Early VC | ||
$30.0m | Early VC | ||
€1.6m | Grant | ||
SEK46.0m Valuation: SEK60.2m 22.3x EV/LTM Revenues -34.6x EV/LTM EBITDA | IPO | ||
| Total Funding | €31.1m | ||
Recent News about Mantex
EditMantex AB, based in Sweden, specializes in the development and production of advanced X-ray scanners designed for the bioenergy, pulp, and paper industries. The company's primary focus is on providing real-time analysis of organic materials used in industrial processes. Their innovative technology, known as Quantitative Dual-energy X-ray Absorptiometry (qDXA), allows for precise measurement of various properties such as moisture, dry content, and the presence of foreign objects in materials like wood chips and biofuels.
Mantex serves clients in the bioenergy sector, including companies involved in the buying and selling of biofuels, as well as those in the pulp and paper industry. Their products are particularly valuable for businesses looking to optimize their production processes and improve the quality of their outputs. By using Mantex's scanners, clients can achieve better control over their raw materials, leading to more efficient and cost-effective operations.
The market Mantex operates in is highly specialized, focusing on industries that require accurate and real-time data to manage natural variations in organic materials. This includes bioenergy producers who need to assess the quality of biofuels and pulp and paper manufacturers who need to control the chemical pulp production process.
Mantex's business model revolves around the sale of their X-ray scanning equipment and related services. They generate revenue by selling these high-tech scanners to industrial clients, who benefit from the enhanced accuracy and efficiency these devices provide. Additionally, Mantex may offer maintenance and support services, ensuring that their equipment continues to operate at peak performance.
In summary, Mantex AB leverages advanced X-ray technology to offer critical real-time analysis tools for the bioenergy and pulp and paper industries, helping clients optimize their production processes and improve material quality.
Keywords: X-ray scanners, bioenergy, pulp and paper, real-time analysis, qDXA, moisture measurement, biofuel quality, industrial processes, wood chips, production optimization.