Splitit (Formerly PayItSimple)
Powers the next generation of Buy Now, Pay Later (BNPL) through merchant-branded Installments-as-a-Service.
Launch date
Employees
Market cap
€16.9m
Enterprise valuation
€56m (Public information from Nov 2023)
Share price
AUD0.075 SPT.AX
New York City New York (HQ), Jerusalem Jerusalem District (founding location)
Financials
Estimates*
AUD | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Revenues | 1.6m | 6.7m | 10.4m | 16.4m | 58.9m |
% growth | - | 306 % | 56 % | 57 % | 260 % |
EBITDA | (21.2m) | (24.4m) | (25.2m) | (22.4m) | - |
% EBITDA margin | (1286 %) | (364 %) | (241 %) | (137 %) | - |
Profit | (21.5m) | (25.5m) | (39.7m) | (34.9m) | - |
% profit margin | (1304 %) | (381 %) | (380 %) | (214 %) | - |
EV / revenue | 132.3x | 92.0x | 17.5x | 9.1x | - |
EV / EBITDA | -10.3x | -25.2x | -7.2x | -6.6x | - |
R&D budget | <1m | - | - | - | - |
R&D % of revenue | 52 % | - | - | - | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | $4.3m | Seed | |
N/A | N/A | Angel | |
* | N/A | - | |
N/A | $10.0m | Debt | |
N/A | $11.0m | Convertible | |
N/A | N/A | IPO | |
N/A | AUD30.0m | Post IPO Equity | |
N/A | $71.5m | Private Placement VC | |
$150m | Post IPO Debt | ||
* | N/A | AUD10.5m | Private Placement VC |
* | $50.0m | Post IPO Equity | |
Total Funding | €85.1m |
Recent News about Splitit (Formerly PayItSimple)
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