Wax Digital
The UK’s No1 Source-to-Pay vendor and a top 5 vendor globally.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
N/A | Acquisition | ||
| Total Funding | 000k | ||
| GBP | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | 14 % | 86 % | (27 %) | 27 % | 10 % | 6 % | 21 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | 21 % | 16 % | 11 % | 18 % | 17 % | 21 % | 21 % |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | 11 % | 7 % | 6 % | 9 % | 10 % | 14 % | 17 % |
| 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
Wax Digital is a prominent provider of eProcurement solutions, catering to enterprise and midsize businesses. The company operates in the procurement technology market, offering cloud-based software that enhances spend management and procurement processes. Wax Digital's platform is designed to be user-friendly for both staff and suppliers, ensuring high adoption rates and satisfaction. The company serves a diverse range of clients, including leading organizations in over 102 countries, managing significant annual spend for 260,000 users. Wax Digital's business model revolves around subscription-based services for its cloud solutions, generating revenue through recurring fees. The company is ISO 9001 accredited, underscoring its commitment to quality and customer satisfaction. Notable clients include WWF and Nissan, who have utilized Wax Digital's solutions to streamline their procurement efforts. The company has received industry recognition, winning awards for its innovative applications in manufacturing and finance. Additionally, Wax Digital offers an online platform, the Best Practice Network (BPN), where users can discuss procurement best practices and access helpful resources.
Keywords: eProcurement, spend management, cloud software, enterprise, midsize businesses, ISO 9001, procurement technology, subscription-based, Best Practice Network, user-friendly.