Luminar
Financials
Estimates*
| USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Revenues | 14.0m | 31.9m | 40.7m | 69.8m | 75.5m | 145m | 323m |
| % growth | 11 % | 129 % | 27 % | 71 % | 8 % | 92 % | 123 % |
| EBITDA | (84.6m) | (207m) | (426m) | (501m) | (270m) | (220m) | (123m) |
| % EBITDA margin | (607 %) | (648 %) | (1046 %) | (718 %) | (357 %) | (152 %) | (38 %) |
| Profit | (362m) | (238m) | (446m) | (571m) | (486m) | (437m) | (414m) |
| % profit margin | (2597 %) | (745 %) | (1096 %) | (819 %) | (644 %) | (302 %) | (128 %) |
| EV / revenue | 774.5x | 185.7x | 47.1x | 24.5x | 15.0x | 8.3x | 5.0x |
| EV / EBITDA | -127.7x | -28.7x | -4.5x | -3.4x | -4.2x | -5.4x | -13.1x |
| R&D budget | 38.7m | 88.9m | 185m | 262m | - | - | - |
| R&D % of revenue | 277 % | 278 % | 455 % | 376 % | - | - | - |
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
| N/A | $1.5m | Seed | |
$36.0m | Seed | ||
| N/A | $114m | Late VC | |
N/A | Late VC | ||
$100m Valuation: $800m | Late VC | ||
$400m Valuation: $3.4b 269.8x EV/LTM Revenues -57.1x EV/LTM EBITDA | SPAC IPO | ||
$170m Valuation: $3.4b 269.8x EV/LTM Revenues -57.1x EV/LTM EBITDA | SPAC Private Placement | ||
* | N/A | $625m | Private Placement VC |
| Total Funding | €951m | ||
Recent News about Luminar
EditLuminar Technologies, Inc. (Nasdaq: LAZR) is a pioneering company in the field of autonomous vehicle technology. The company specializes in developing advanced lidar (light detection and ranging) systems and associated software, which are crucial for enabling safe and reliable self-driving cars. Lidar technology uses laser light to create detailed 3D maps of the environment, allowing autonomous vehicles to navigate safely.
Luminar serves a diverse range of clients, primarily focusing on the automotive industry. Their client base includes over 50 commercial partners, with notable collaborations involving 8 of the top 10 global automakers. These partnerships include industry giants like Volvo, Nissan, and Intel's Mobileye, highlighting Luminar's significant role in the future of transportation.
Operating in the autonomous vehicle market, Luminar's business model revolves around the development, manufacturing, and sale of its lidar systems and software. The company generates revenue by supplying these high-performance sensors and software solutions to automotive original equipment manufacturers (OEMs) and Tier 1 suppliers. Additionally, Luminar is involved in various sectors such as trucking, robo-taxis, and smart city projects, further diversifying its market reach.
Luminar's financial success is driven by its ability to secure long-term contracts with major automotive players and its continuous innovation in lidar technology. The company's products are designed to meet stringent performance, safety, and economic standards, making them a preferred choice for automakers aiming to integrate autonomous driving features into their vehicles.
In summary, Luminar Technologies is at the forefront of making autonomous transportation safe and widespread. By providing cutting-edge lidar systems and software, the company is enabling the first real-world deployments of autonomous vehicles and next-generation safety features at scale.
Keywords: Lidar, Autonomous Vehicles, Automotive, Self-Driving Cars, Safety, Technology, Innovation, Partnerships, Sensors, Software.
Tech stack
Investments by Luminar
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