Since 2006, geo has been designing and building smart, connected home energy systems to help people understand and engage with their energy use. With a niche team of data-savvy industry experts, geo brings energy to life with in-home displays, online and mobile energy services, wireless technology, smart connectivity and a wealth of research that proves they can make energy engaging for all. Alongside their consumer engagement expertise geo supports energy suppliers, meter manufacturers and PV installers in strengthening relationships and building loyalty with their customers. They do this by putting homeowners in control of their energy consumption, lifestyle and budget in a simple, visually engaging way. Everything geo creates - working seamlessly alongside pre-smart and smart meters and microgeneration - enables a truly energy-efficient home.
TypePrivate
HQHardwick, GB
Founded2006
Size (employees)60 (est)-3%
Websitegeotogether.com
Green Energy Options was founded in 2006 and is headquartered in Hardwick, GB
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Green Energy Options Office Locations

Green Energy Options has an office in Hardwick
Hardwick, GB (HQ)
3 St Mary’s Court Main Street
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Green Energy Options Financials and Metrics

Summary Metrics

Founding Date

2006

Green Energy Options total Funding

$2.8 m

Green Energy Options latest funding size

$2.39 m

Time since last funding

9 years ago
Green Energy Options's latest funding round in October 2009 was reported to be $2.4 m. In total, Green Energy Options has raised $2.8 m
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Green Energy Options Revenue

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Green Energy Options's revenue was reported to be £22.58 m in FY, 2017
GBP

Revenue (FY, 2017)

22.6m

Gross profit (FY, 2017)

6.4m

Gross profit margin (FY, 2017), %

28.5%

Net income (FY, 2017)

3.1m

EBITDA (FY, 2017)

1.9m

EBIT (FY, 2017)

1.8m

Cash (31-Mar-2017)

4.0m
GBPFY, 2015FY, 2016FY, 2017

Revenue

8.5m14.8m22.6m

Revenue growth, %

74%

Cost of goods sold

5.5m10.3m16.1m

Gross profit

3.0m4.5m6.4m
GBPFY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

80.4k274.7k377.0k2.2m3.0m1.5m1.2m3.2m1.9m3.5m4.0m

Accounts Receivable

87.2k41.3k218.0k3.2m1.8m1.9m706.5k759.8k1.6m1.8m3.3m

Inventories

24.3k138.7k384.2k114.2k765.1k585.2k648.2k1.5m1.7m

Current Assets

167.7k316.0k619.3k5.5m5.1m3.5m2.7m4.6m4.8m8.5m11.8m
GBPFY, 2015FY, 2016FY, 2017

Net Income

(49.4k)586.5k3.1m

Cash From Operating Activities

(1.1m)938.1k1.1m

Cash From Financing Activities

(171.1k)820.3k(260.1k)

Net Change in Cash

(1.3m)1.6m541.8k
GBPY, 2017

Revenue/Employee

405.1k

Financial Leverage

1.8 x
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Green Energy Options Online and Social Media Presence

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Green Energy Options Blogs

Innovative “escape of water” solution to be championed by insurance underwriting specialist

Following the launch of Waterlock, the connected ”escape of water” prevention system, at the BIBA Conference in May, the product’s developer, geo has announced a formal strategic partnership with inet3, the property underwriting agency and specialist in property insurance. Sending a clear signal to …

Bringing the benefits of smart meters to blind and partially sighted customers

Energy UK, leading smart meter display manufacturer, geo, and the Royal National Institute of Blind People (RNIB) have been working with energy suppliers to develop an Accessible In-Home Display (AIHD) for smart meters for blind and partially sighted customers. Smart meters come with an In-Home Disp…

Carbon halved! Sparks will fly!

We at geo have been advocating for electricity to be truly valued, so we were delighted to recently discover that the Government has decided to pave the way for low-carbon heating in UK new-build homes. Currently, gas is the defacto heating fuel for new-build homes as (according to the calculations)…

geo listed in Tech Track 100 for third year running!

We are delighted to announce that geo has been ranked for the third consecutive year in The Sunday Times Hiscox Tech Track 100, a feat which is becoming increasingly competitive as Britain’s tech businesses are growing faster than ever before. This is the 18th year of The Sunday Times Hiscox Tech Tr…

Have you moved into a Cosy house?

First we would like to say congratulations on moving house! As you are reading this article we will presume that you have moved in with Cosy and that your home has our Cosy smart thermostat installed.   Getting started   In order to get the Cosy smart thermostat up and running you need to check […] …

Live online support now available*

We have been working closely with our customer service team to improve the support services we have available to our customers. We have improved the content and number of knowledge articles on our support website along with improving the layout and structure of the overall website to make it easier …
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Green Energy Options Company Life and Culture

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