Romeo Power
Financials
Estimates*
| USD | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Revenues | 8.0m | 8.0m | 15.0m | 79.0m | 253m |
| % growth | - | - | 88 % | 427 % | 220 % |
| EBITDA | - | (31.0m) | (99.0m) | (110m) | (77.0m) |
| % EBITDA margin | - | (388 %) | (660 %) | (139 %) | (30 %) |
| Profit | (59.0m) | (41.0m) | 10.0m | (125m) | (111m) |
| % profit margin | (738 %) | (513 %) | 67 % | (158 %) | (44 %) |
| EV / revenue | - | 320.4x | 7.7x | 1.5x | - |
| EV / EBITDA | - | -82.7x | -1.2x | -1.1x | - |
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | N/A | Seed | |
* | N/A | $30.0m | Seed |
| N/A | N/A | Early VC | |
| N/A | $88.0m | Early VC | |
$4.0m | Early VC | ||
$200m Valuation: $1.3b 166.3x EV/LTM Revenues | SPAC IPO | ||
$150m Valuation: $1.3b 166.3x EV/LTM Revenues | SPAC Private Placement | ||
* | $144m Valuation: $144m 9.6x EV/LTM Revenues -1.4x EV/LTM EBITDA | Acquisition | |
| Total Funding | $272m | ||
Related Content
Recent News about Romeo Power
EditRomeo Power is a company that operates in the energy technology sector, specializing in the design and manufacture of lithium-ion battery modules and packs. The company's primary focus is on creating energy-dense battery systems for electric vehicles (EVs) and stationary energy storage. In simpler terms, they make high-performance batteries that power electric vehicles and store energy for use when needed.
Romeo Power serves a diverse range of clients, including commercial vehicle manufacturers, fleet managers, and stationary storage system providers. Their business model revolves around the development, production, and sale of their advanced battery systems. They make money by selling these battery systems to their clients, who then use them in their electric vehicles or energy storage solutions.
The company operates in a rapidly growing market, driven by the global shift towards clean energy and electric vehicles. As more companies and consumers opt for electric vehicles and renewable energy, the demand for efficient and reliable battery systems like those produced by Romeo Power is expected to increase.
In summary, Romeo Power is a technology company that designs and manufactures advanced battery systems for electric vehicles and stationary energy storage. They operate in a growing market and make money by selling their battery systems to a diverse range of clients.
Keywords: Energy Technology, Lithium-ion Batteries, Electric Vehicles, Stationary Energy Storage, Battery Systems, Commercial Vehicle Manufacturers, Fleet Managers, Clean Energy, Renewable Energy, Advanced Battery Systems.