Greyp Bikes
Financials
Estimates*
| EUR | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Revenues | <1m | <1m | <1m | <1m | 2.1m | 2.9m | 3.8m |
| % growth | 462 % | 1 % | (15 %) | 142 % | 117 % | 41 % | 30 % |
| EBITDA | (<1m) | (<1m) | (<1m) | (1.8m) | (1.1m) | (3.5m) | (2.8m) |
| % EBITDA margin | (36 %) | (85 %) | (174 %) | (185 %) | (52 %) | (118 %) | (74 %) |
| Profit | (<1m) | (<1m) | (1.0m) | (2.0m) | (2.0m) | (4.4m) | (5.1m) |
| % profit margin | (32 %) | (79 %) | (260 %) | (207 %) | (96 %) | (152 %) | (134 %) |
Source: Dealroom estimates
| Date | Investors | Amount | Round |
|---|---|---|---|
* | N/A | Corporate spinout | |
$3.6m | Series A | ||
* | N/A | N/A | IPO |
* | N/A | $1.6m Valuation: $45.0m 42.9x EV/LTM Revenues -23.2x EV/LTM EBITDA | Series B |
* | N/A | Acquisition | |
| Total Funding | $5.2m | ||
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Recent News about Greyp Bikes
EditGreyp Bikes is a tech company specializing in the design, engineering, and production of high-end electric bicycles. The company leverages cutting-edge technology to offer a unique riding experience, featuring powerful and easily replaceable batteries, integrated wide-angle 1080P cameras, and smart connectivity that works in 104 countries. Greyp's electric bicycles are designed for tech-savvy consumers who seek both performance and convenience. The market includes fitness enthusiasts, adventure seekers, and eco-conscious commuters. Greyp operates on a direct-to-consumer business model, selling its products through its website and select retail partners. Revenue is generated through the sale of electric bicycles and related accessories. The company also benefits from its association with Rimac Automobili, known for its expertise in battery technology. Greyp's products are characterized by their lightweight carbon fiber frames, real-time data processing for optimal efficiency, and customizable fitness features. The company aims to provide a smooth and enjoyable riding experience, eliminating range anxiety and enhancing the overall journey.
Keywords: electric bicycles, battery technology, integrated cameras, smart connectivity, fitness customization, carbon fiber frame, direct-to-consumer, eco-friendly, adventure, tech-savvy.