eDevice

eDevice

Connectivity Solutions for Medical Devices. Learn more

Financials

Estimates*

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Revenues, earnings & profits over time
EUR2015201620172018201920202021
Revenues19.6m39.0m18.4m10.7m10.7m7.0m4.7m
% growth-99 %(53 %)(42 %)-(35 %)(33 %)
EBITDA8.2m19.1m-3.3m2.3m1.0m<1m
% EBITDA margin42 %49 %-31 %21 %15 %14 %
Profit7.7m12.6m5.0m2.3m1.5m(<1m)<1m
% profit margin39 %32 %27 %21 %14 %(4 %)8 %

Source: Dealroom estimates

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DateInvestorsAmountRound

$3.4m

Early VC

$11.5m

Early VC

$106m

Valuation: $106m

4.9x EV/LTM Revenues

11.8x EV/LTM EBITDA

Acquisition
Total Funding€13.5m

Recent News about eDevice

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More about eDeviceinfo icon
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eDevice specializes in providing secure Internet of Things (IoT) solutions for remote patient monitoring and the transfer of critical health information. The company operates in the healthcare technology market, serving clients such as healthcare providers, medical device manufacturers, and telehealth companies. eDevice's business model revolves around offering end-to-end solutions that include hardware, firmware, cellular services, middleware, and front-end systems. This comprehensive approach allows clients to quickly deploy reliable and scalable IoT projects. Revenue is generated through the sale of these integrated solutions and ongoing service contracts. With over one million connections in 130 countries, eDevice has established itself as a leader in eHealth connectivity. The company is ISO 13485 certified, reflecting its commitment to quality and regulatory compliance. eDevice continues to innovate in the field of connected healthcare, showcasing its solutions at major industry events and conferences.

Keywords: IoT, remote patient monitoring, healthcare technology, eHealth, medical devices, cellular services, middleware, firmware, secure connectivity, ISO 13485.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.