Spire Corporation

Develops and markets engineered products and services in the PV solar, biomedical, and optoelectronics sectors.

Launch date

1969

Employees

Market cap

Enterprise valuation

€266m (Public information from Sep 2024)

Bedford Texas (HQ)

http://spirecorp.com

https://twitter.com/spiresolar https://www.facebook.com/pages/Spire-Corporation/186161086328 https://www.linkedin.com/company/spire

Revenues, earnings & profits over time

USD	2020	2021	2022	2023	2024	2025
Revenues	28.5m	43.4m	80.3m	106m	124m	152m
% growth	-	52 %	85 %	32 %	17 %	23 %
EBITDA	(18.9m)	(64.3m)	(49.8m)	(21.5m)	-	-
% EBITDA margin	(66 %)	(148 %)	(62 %)	(20 %)	-	-
Profit	(32.5m)	(19.3m)	(89.4m)	(64.0m)	-	-
% profit margin	(114 %)	(45 %)	(111 %)	(61 %)	-	-
R&D budget	20.8m	31.6m	35.2m	38.9m	-	-
R&D % of revenue	73 %	73 %	44 %	37 %	-	-

Date	Investors	Amount	Round
Dec 1983	N/A	N/A	IPO
Jan 2010	N/A	$2.0m	Grant
Mar 2012	Masimo	$8.5m Valuation: $8.5m	Acquisition
Total Funding		€1.8m