Iconovo

Iconovo

Developer of inhalers for drugs that treat conditions. Learn more

Launch date
Employees
Market cap
$15.3m
Enterprise valuation
$13m (Public information from Sep 2024)
Lund Municipality Skane County (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
SEK2020202120222023202420252026
Revenues17.8m15.4m17.1m7.1m44.3m70.4m122m
% growth52 %(13 %)11 %(59 %)525 %59 %73 %
EBITDA(13.1m)(20.8m)(38.8m)(27.5m)(10.8m)(8.1m)21.4m
% EBITDA margin(74 %)(135 %)(227 %)(388 %)(25 %)(12 %)18 %
Profit(17.1m)(26.2m)(48.2m)(45.9m)(22.2m)(20.2m)8.7m
% profit margin(96 %)(170 %)(281 %)(648 %)(50 %)(29 %)7 %
EV / revenue18.6x38.0x24.6x16.6x2.8x1.6x1.0x
EV / EBITDA-25.1x-28.2x-10.8x-4.3x-11.6x-13.5x5.8x
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DateInvestorsAmountRound
-

N/A

-
*
N/A

€2.3m

Early VC
N/A

€4.0m

Valuation: €25.6m

IPO

SEK75.0m

Post IPO Equity
*

$880k

Grant
*

SEK530k

Grant
Total Funding$3.5m

Recent News about Iconovo

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More about Iconovoinfo icon
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Iconovo specializes in the development of inhalation products, including inhaler devices and dry powder formulations. The company operates in the pharmaceutical and medical device market, serving clients such as pharmaceutical companies and research institutions. Iconovo's business model revolves around offering a comprehensive service package that includes device design, formulation development, analytical testing, and documentation. The company generates revenue through service contracts, development agreements, and licensing deals. Iconovo's unique combination of engineering and pharmaceutical expertise allows it to shorten the time to product launch and reduce project risks and development costs. The company has built state-of-the-art laboratories for the analysis, development, and characterization of powder formulations. Recently, Iconovo has been involved in the development of a nasal COVID-19 vaccine, showcasing its capabilities in addressing urgent healthcare needs.

Keywords: inhalation products, inhaler devices, dry powder formulations, pharmaceutical expertise, medical devices, development agreements, licensing deals, analytical testing, COVID-19 vaccine, state-of-the-art laboratories.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.