Geo Together
Financials
Estimates*
| GBP | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Revenues | 14.8m | 22.6m | 29.4m | 27.4m | 24.3m | 12.3m | 17.3m |
| % growth | 74 % | 53 % | 30 % | (7 %) | (11 %) | (49 %) | 41 % |
| EBITDA | <1m | 1.9m | 2.0m | <1m | (2.6m) | (3.6m) | (3.5m) |
| % EBITDA margin | 5 % | 8 % | 7 % | 3 % | (11 %) | (29 %) | (20 %) |
| Profit | <1m | 3.1m | 1.4m | <1m | (1.5m) | (2.8m) | (2.4m) |
| % profit margin | 4 % | 14 % | 5 % | 2 % | (6 %) | (23 %) | (14 %) |
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | £250k | Early VC | |
| N/A | $2.4m | Early VC | |
| N/A | N/A | Early VC | |
| N/A | £3.0m | Early VC | |
| Total Funding | €6.1m | ||
Recent News about Geo Together
EditGeo Together is a company focused on revolutionizing home energy management through innovative technology. The company operates in the green energy sector, targeting residential consumers who are looking to reduce their energy costs and carbon footprint. Geo Together's core product, SeeZero, is a home energy management system that integrates with major smart meter standards to optimize energy usage. The business model revolves around selling these smart energy devices and related services, generating revenue through direct sales and long-term service contracts. Geo Together has deployed over 8.5 million devices, saving an estimated 7.5 billion kilowatt hours of energy. The company aims to bring net zero carbon emissions forward by making energy efficiency accessible to every home.
Keywords: home energy management, smart meters, energy efficiency, carbon reduction, SeeZero, green energy, residential consumers, scalable technology, cost savings, net zero.
