Bowman Power was founded in 2004 and is headquartered in Southampton, GB

CFO

Bowman Power has an office in Southampton

Southampton, GB (HQ)

Ocean Quay Belvidere Rd

## Founding Date | 2004 |

## Total Funding | $21.7 m |

## Latest funding size | $5.7 m |

## Time since last funding | over 1 year |

## Investors | Fjord Ventures, Octopus Ventures, Ombu Group, BOOST&Co |

Bowman Power's latest funding round in January 2016 was reported to be $5.7 m. In total, Bowman Power has raised $21.7 m

Bowman Power's revenue was reported to be £5.1 m in FY, 2015 which is a **70% increase** from the previous period.

GBP

## Revenue (FY, 2015) | 5.1 m |

## Revenue growth (FY, 2014 - FY, 2015), % | 70% |

## Gross profit (FY, 2015) | 749.3 k |

## Gross profit margin (FY, 2015), % | 15% |

## Net income (FY, 2015) | (2.4 m) |

## Cash (31-Dec-2015) | 5.3 m |

GBP | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} |
---|---|---|---|

## Revenue | 5.2 m | 3 m | 5.1 m |

## Revenue growth, % | (43%) | 70% | |

## Cost of goods sold | 4.6 m | 3.2 m | 4.4 m |

## Gross profit | 643.9 k | (222 k) | 749.3 k |

## Gross profit Margin, % | 12% | (7%) | 15% |

## Operating expense total | 3.8 m | 3.4 m | 3.1 m |

## Pre tax profit | (3.2 m) | (3.6 m) | (2.5 m) |

## Net Income | (2.9 m) | (3.4 m) | (2.4 m) |

GBP | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} |
---|---|---|---|

## Cash | 2.8 m | 2 m | 5.3 m |

## Accounts Receivable | 451.6 k | 630.9 k | 1.3 m |

## Current Assets | 4.7 m | 3.6 m | 7.9 m |

## PP&E | 474.9 k | 298.5 k | 253.9 k |

## Goodwill | 669.3 k | 772.2 k | 1.7 m |

## Total Assets | 5.8 m | 4.7 m | 9.9 m |

## Accounts Payable | 695.2 k | 321.9 k | 888 k |

## Current Liabilities | 1.2 m | 951.3 k | 2.2 m |

## Retained Earnings | (2.9 m) | (3.4 m) | (2.4 m) |

## Total Equity | 4.2 m | 3 m | 3.8 m |

## Financial Leverage | 1.4 x | 1.6 x | 2.6 x |

GBP | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} |
---|---|---|---|

## Cash From Operating Activities | (2.7 m) | (2.6 m) | (1.8 m) |

## Cash From Financing Activities | 3.7 m | 2.2 m | 6.2 m |

## Income Taxes Paid | 288.3 k | 137.9 k | 149.1 k |

GBP | Y, 2015 |
---|---|

## Revenue/Employee | 84.4 k |

## Financial Leverage | 2.6 x |