Rhea Systems
Financials
Estimates*
EUR | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|---|---|---|
Revenues | 13.5m | 37.8m | 51.0m | 36.9m | 40.0m | 47.1m | 36.5m |
% growth | 11 % | 180 % | 35 % | (28 %) | 8 % | 18 % | (22 %) |
EBITDA | 1.5m | 1.5m | 2.2m | <1m | 2.3m | 2.7m | 1.6m |
% EBITDA margin | 11 % | 4 % | 4 % | 2 % | 6 % | 6 % | 4 % |
Profit | <1m | <1m | 1.4m | <1m | <1m | 2.2m | <1m |
% profit margin | 6 % | 2 % | 3 % | - | 2 % | 5 % | 1 % |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
N/A | Late VC | ||
Total Funding | - |
Recent News about Rhea Systems
EditRHEA Group is an international company specializing in providing tailored engineering solutions, system development, and security services. The company serves a diverse range of clients, including space agencies, defense organizations, and commercial enterprises. Operating primarily in the aerospace, defense, and cybersecurity markets, RHEA Group leverages its expertise to deliver high-quality, customized solutions that meet the specific needs of its clients. The business model focuses on offering specialized services and products, including concurrent design solutions, big data analytics, and advanced cybersecurity measures. Revenue is generated through project-based contracts, long-term service agreements, and consulting fees. The company is also expanding its footprint with the establishment of a new European Cybersecurity Centre of Excellence, aimed at enhancing its capabilities in the cybersecurity domain.
Keywords: engineering solutions, system development, security services, aerospace, defense, cybersecurity, concurrent design, big data, consulting, European Cybersecurity Centre.