Tharisa

Uniquely positioned incorporating mining, processing, beneficiation, marketing, sales, and logistics.

Launch date

2008

Employees

501-1000 people

Market cap

Enterprise valuation

$171m (Public information from Sep 2024)

Paphos Municipality Paphos District (HQ), Johannesburg Gauteng (founding location)

http://tharisa.com

https://twitter.com/tharisa_sa https://www.linkedin.com/company/tharisa-limited

Revenues, earnings & profits over time

USD	2020	2021	2022	2023	2024	2025	2026
Revenues	406m	596m	686m	650m	706m	690m	770m
% growth	-	47 %	15 %	(5 %)	9 %	(2 %)	12 %
EBITDA	116m	216m	229m	139m	154m	151m	174m
% EBITDA margin	29 %	36 %	33 %	21 %	22 %	22 %	23 %
Profit	43.3m	100m	154m	82.2m	75.2m	63.4m	80.9m
% profit margin	11 %	17 %	22 %	13 %	11 %	9 %	11 %
EV / revenue	0.6x	0.5x	0.4x	0.2x	0.5x	0.8x	0.8x
EV / EBITDA	2.2x	1.5x	1.1x	1.1x	2.3x	3.6x	3.5x
R&D budget	<1m	<1m	<1m	1.2m	-	-	-

Date	Investors	Amount	Round
Apr 2014	N/A	N/A	IPO
Jun 2016	N/A	N/A	IPO
Mar 2023*	Societe Generale Absa bank	$130m	Post IPO Debt
Total Funding		-

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

Karo Mining Holdings

ACQUISITION by Tharisa May 2022