
Gastrofix
International software company that specialises in computer based software for gastronomy sector.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
N/A | €0.0 | round | |
investor | €0.0 | round | |
investor | €0.0 | round | |
investor investor | €0.0 | round | |
* | $60.0m Valuation: $60.0m 3.8x EV/Revenue -56.6x EV/EBITDA | Acquisition | |
Total Funding | 000k |
EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% growth | 57 % | 8 % | 25 % | 60 % | - | - | - |
EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% EBITDA margin | - | - | - | (7 %) | - | - | - |
Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% profit margin | - | - | - | (8 %) | - | - | - |
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
Related Content
Gastrofix, now part of Lightspeed, established itself as a key player in the hospitality technology sector with its robust and efficient point-of-sale (POS) system. The company focused on providing a professional and powerful Apple-based POS solution, which at the time was a distinguishing feature in the market. This system was designed to be fully real-time and was complemented by a web-based back office, the Gastrofix Cloud, offering a comprehensive management tool for hospitality businesses.
The company catered to a wide range of clients within the hospitality industry, including restaurants and hotels. Its business model revolved around providing these businesses with a subscription-based service for its POS system, which included both the software and the cloud-based back office. This model allowed for continuous revenue streams and fostered long-term relationships with its customers.
The Gastrofix POS system, often utilized on iPads, offered a cost-effective and user-friendly solution for managing various aspects of a hospitality business. Its features included the ability to manage multiple branches or franchise operations from a single login, which streamlined product updates and reporting across all locations. This centralized control was a significant benefit for larger hospitality groups.
Founded over a decade ago, Gastrofix grew to serve thousands of customers, helping them to digitalize their operations and prepare for the future. The company's success and established customer base made it an attractive acquisition target, leading to its integration into Lightspeed, a larger entity in the commerce platform space. This acquisition marked a significant milestone in the company's history, providing it with greater resources and a broader market reach.
Keywords: POS system, hospitality technology, restaurant management, hotel POS, Apple-based POS, cloud-based back office, multi-location management, subscription service, digitalization, hospitality software