Cubic Telecom
Financials
Estimates*
| EUR | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Revenues | 19.8m | 38.3m | 31.2m | 43.7m | 57.0m | 67.5m |
| % growth | - | 93 % | (18 %) | 40 % | 31 % | 18 % |
| EBITDA | (9.9m) | 3.5m | <1m | (<1m) | - | - |
| % EBITDA margin | (50 %) | 9 % | 3 % | (1 %) | - | - |
| Profit | (12.7m) | (<1m) | (2.2m) | (5.9m) | - | - |
| % profit margin | (64 %) | - | (7 %) | (13 %) | - | - |
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
| N/A | €3.5m | Angel | |
| N/A | €1.5m | Series A | |
$5.2m | Series B | ||
$5.0m | Series B | ||
€18.0m | Series C | ||
* | $47.0m Valuation: $215m | Series C | |
€23.5m | Debt | ||
$12.3m | Late VC | ||
* | €473m Valuation: €900m | Acquisition | |
| Total Funding | $94.8m | ||
Recent News about Cubic Telecom
EditCubic Telecom specializes in delivering advanced software-defined connected vehicle solutions globally. The company serves vehicle and device manufacturers, providing them with cutting-edge connectivity and data insights to enhance fleet management and automotive innovation. Operating in the automotive and telecommunications markets, Cubic Telecom leverages 5G technology to offer Vehicle-to-Everything (V2X) communication, enabling seamless interaction between vehicles and their surroundings. The business model focuses on subscription-based services and partnerships with leading automotive brands, generating revenue through long-term contracts and data-driven solutions. Founded in 2009, Cubic Telecom has rapidly grown to become an industry leader, recognized for its innovative approach and robust technology infrastructure.
Keywords: connected vehicles, automotive innovation, 5G technology, V2X communication, fleet management, data insights, subscription services, global connectivity, automotive brands, software-defined solutions.