Presto
Financials
Estimates*
USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
---|---|---|---|---|---|---|---|
Revenues | 21.5m | 29.9m | 30.4m | 26.1m | 14.4m | 22.9m | 59.4m |
% growth | - | 39 % | 1 % | (14 %) | (45 %) | 59 % | 159 % |
EBITDA | (16.3m) | (18.6m) | (28.2m) | (54.7m) | (27.7m) | (19.7m) | 3.2m |
% EBITDA margin | (76 %) | (62 %) | (93 %) | (209 %) | (193 %) | (86 %) | 5 % |
Profit | (23.8m) | (49.8m) | (56.3m) | (34.5m) | (36.7m) | (50.8m) | (28.7m) |
% profit margin | (111 %) | (166 %) | (186 %) | (132 %) | (255 %) | (222 %) | (48 %) |
EV / revenue | - | 9.3x | 11.2x | 12.9x | 1.1x | 0.7x | 0.3x |
EV / EBITDA | - | -14.8x | -12.1x | -6.2x | -0.6x | -0.8x | 5.0x |
R&D budget | 18.8m | 15.0m | 16.8m | 21.3m | - | - | - |
R&D % of revenue | 87 % | 50 % | 55 % | 82 % | - | - | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Seed | ||
* | $100m | SPAC Private Placement | |
* | $150m Valuation: $525m 17.6x EV/LTM Revenues -28.1x EV/LTM EBITDA | SPAC IPO | |
* | N/A | $20.0m | SPAC Private Placement |
* | $7.0m | Post IPO Equity | |
* | $6.0m | Post IPO Convertible | |
* | N/A | $2.1m | Post IPO Equity |
Total Funding | $120m |
Related Content
Recent News about Presto
EditPresto is revolutionizing the restaurant industry by providing cutting-edge, enterprise-grade technology solutions. The company focuses on enhancing staff productivity, improving guest experiences, and delivering actionable insights to restaurant managers. Presto's platform is highly customizable, offering unique value across various business functions, including operations, marketing, and IT.
Presto serves a wide range of clients within the restaurant and hospitality sectors, partnering with leading restaurant chains across the nation. The company's technology solutions are designed to cater to all restaurant categories, from quick-service to fine dining. Their product lineup includes server handhelds, pay-at-table tablets, and digital drive-thru menu boards. These tools are not only reliable and feature-rich but also cost-effective, with some products priced at just a fourth of the leading competitors.
The business operates in the restaurant technology market, a rapidly evolving sector driven by the need for efficiency and enhanced customer experiences. Presto's business model revolves around providing software and hardware solutions that help restaurants streamline their operations, engage customers more effectively, and make data-driven decisions. The company generates revenue through the sale of its technology products and subscription-based services for its software solutions.
Presto's technology leverages computer vision to improve guest satisfaction, food delivery times, and server efficiency. Their pay-at-table tablets are among the most secure in the industry, supporting a wide range of payment options. Additionally, Presto's digital drive-thru menu boards help speed up service times, further enhancing customer satisfaction.
In summary, Presto is a key player in the restaurant technology market, offering innovative solutions that drive operational efficiency, improve guest experiences, and provide valuable insights for restaurant managers.
Keywords: restaurant technology, enterprise-grade, customizable platform, server handhelds, pay-at-table tablets, digital drive-thru, computer vision, guest engagement, operational efficiency, data-driven insights.