Energylinx
Energylinx Ltd operates as a energy comparison and switching specialist.
| Date | Investors | Amount | Round |
|---|---|---|---|
£10.0m Valuation: £10.0m 0.1x EV/Revenue 0.2x EV/EBITDA | Acquisition | ||
| Total Funding | 000k | ||
| GBP | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | 20 % | 5 % | (7 %) | (5 %) | 4 % | (11 %) | 20 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | 22 % | 24 % | 30 % | 22 % | 28 % | 19 % | 28 % |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | 17 % | 19 % | 24 % | 15 % | 19 % | 11 % | 20 % |
| 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
Energylinx was founded by Ken Geddes, a visionary who saw the potential in simplifying energy choices for consumers. The company emerged as a key player in the energy comparison market, providing a platform that allowed users to compare and switch energy providers with ease.
Under Geddes' leadership, Energylinx developed a robust system that catered to both individual consumers and businesses, offering transparency and efficiency in energy consumption. This approach not only empowered consumers but also encouraged competition among energy providers, ultimately benefiting the market as a whole.
In a significant milestone, Energylinx caught the attention of GoCompare, a leading comparison service provider. In June 2018, GoCompare acquired Energylinx for £10 million. This acquisition was a strategic move to enhance GoCompare's energy comparison services, integrating Energylinx's technology and expertise.
Ken Geddes joined GoCompare as part of the acquisition, bringing his wealth of experience and innovative mindset to the larger organization. This transition marked a new chapter for Energylinx, as it continued to influence the energy sector under the GoCompare umbrella.
Today, Energylinx stands as a testament to the impact of digital innovation in traditional industries, demonstrating how technology can transform consumer experiences and drive industry-wide change.