EEWORX
Producer of digital applications and software to help business management.
| EUR | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | 855 % | 543 % | 65 % | 23 % | - | - | - |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | (456 %) | (56 %) | (21 %) | 13 % | 18 % | - | - |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | (498 %) | (57 %) | (48 %) | (21 %) | (22 %) | - | - |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
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EEWORX, operating under the brand name eezytrace, provides a sophisticated IoT platform tailored for comprehensive asset tracking and management. Founded in 2020 by Stephen Jorge and Nelson Ferreira, the company emerged from their extensive backgrounds in telecommunications, electronics, and software development to address critical gaps in the logistics and supply chain sectors. The founders' journey began with a shared vision to create an affordable and highly efficient tracking solution, leveraging their combined decades of experience at major technology and telecom firms to build a robust system from the ground up.
The core of EEWORX's offering is the eezytrace platform, a hardware-agnostic system designed to integrate seamlessly with a wide array of tracking devices. This platform provides real-time monitoring and historical data analysis for various assets, including vehicles, cargo, and equipment. Its business model is centered on a Software-as-a-Service (SaaS) subscription, offering different tiers of service to a diverse client base that spans logistics companies, fleet managers, and businesses requiring detailed oversight of their physical assets. Revenue is generated through these recurring subscriptions, which grant access to the platform's features and data analytics capabilities.
The eezytrace service distinguishes itself by delivering detailed operational intelligence. Key features include live tracking on a map interface, the creation of geofences to trigger alerts when assets enter or exit designated areas, and comprehensive reporting on routes, stops, and travel times. Clients benefit from enhanced security, optimized logistics, and improved operational efficiency by gaining deep insights into their asset utilization. The platform's ability to consolidate data from various hardware sources into a single, user-friendly interface provides a significant advantage, simplifying the management of complex tracking ecosystems.
Keywords: asset tracking, IoT platform, fleet management, logistics technology, SaaS, real-time monitoring, geofencing, supply chain management, telematics, operational intelligence