i2O Water offers data collection, analysis and remote control, as well as automation optimization services for water utilities. The Company develops and installs Smart Pressure Management, a pressure management technology platform for utilities and water distribution networks. It offers data loggers, as well as network monitoring, pressure reducing valves (PRV) remote control, automatic PRV optimization and automatic pump optimization solutions. i2O Water also provides hardware installation, training and installation supervisory support services.

TypePrivate
HQChilworth, GB
Founded2005
Size (employees)53 (est)
Websitei2owater.com
i2O Water was founded in 2005 and is headquartered in Chilworth, GB
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Key People/Management at i2O Water

Joel Hagan

Joel Hagan

CEO and Board Member
Mike Neame

Mike Neame

CFO
Steve Wilkes

Steve Wilkes

CTO
Carole Piwnica

Carole Piwnica

Chairman
Nick Beart

Nick Beart

Board Member
Stephen Brooke

Stephen Brooke

Board Member
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i2O Water Office Locations

i2O Water has offices in Chilworth, Southampton, Petaling Jaya, Bogotá and in 1 other location
Chilworth, GB (HQ)
4 Benham Rd
Chilworth, GB (HQ)
4 Benham Road Southampton Science Park Southampton
Southampton, GB
Hazel Rd
Bogotá, CO
Centro Empresarial Dorado Plaza, Av. Calle 26 No. 85D-55 Local 27 Exterior
Bogotá, CO
Ac. 26
Petaling Jaya, MY
D-1-11, Capital 4, Oasis Square No.2 Jalan PJU 1A/7A Ara Damansara
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i2O Water Financials and Metrics

Summary Metrics

Founding Date

2005

i2O Water total Funding

$19.5 m

i2O Water latest funding size

$12.54 m

Time since last funding

4 years ago

i2O Water investors

i2O Water's latest funding round in November 2014 was reported to be $12.5 m. In total, i2O Water has raised $19.5 m
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i2O Water Revenue

i2O Water's revenue was reported to be £2.96 m in FY, 2017
GBP

Revenue (FY, 2017)

3.0m

Gross profit (FY, 2017)

1.1m

Gross profit margin (FY, 2017), %

37.7%

Net income (FY, 2017)

(4.9m)

EBITDA (FY, 2017)

(5.2m)

EBIT (FY, 2017)

(5.5m)

Cash (31-Dec-2017)

875.1k
GBPFY, 2006FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

99.7k1.1m2.1m2.7m3.8m3.2m3.0m2.5m3.0m

Revenue growth, %

(16%)(5%)

Cost of goods sold

77.8k659.3k1.3m2.1m2.2m1.8m1.7m1.5m1.8m

Gross profit

21.9k397.2k778.0k662.3k1.5m1.3m1.3m983.4k1.1m
GBPFY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

20.2k457.1k163.3k2.4m9.9m6.1m1.4m1.3m4.6m630.6k3.1m875.1k

Accounts Receivable

39.5k119.1k31.1k592.3k696.5k1.5m1.3m755.0k703.7k623.3k760.2k

Inventories

26.5k250.8k289.6k639.9k1.5m1.2m1.2m1.1m555.0k631.6k

Current Assets

25.9k496.6k308.9k2.8m11.0m7.9m4.8m4.4m7.4m3.2m5.1m3.4m
GBPFY, 2006FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

(16.5k)(1.0m)(2.2m)(3.6m)(5.2m)(6.3m)(5.7m)(4.4m)(4.3m)(4.9m)

Cash From Operating Activities

(3.9m)(4.0m)(4.4m)(3.8m)(5.6m)

Cash From Financing Activities

3.6m7.8m929.4k6.1m3.0m

Net Change in Cash

(101.5k)3.3m(4.0m)2.5m(2.3m)
GBPY, 2017

Revenue/Employee

60.0k

Financial Leverage

2.8 x
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i2O Water Online and Social Media Presence

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i2O Water Blogs

Toxic brine from desalination plants

A new study has highlighted the problem of brine discharged from desalination plants. More than half the brine comes from Saudi Arabia, the United Arab Emirates, Kuwait and Qatar, with Saudi Arabia alone accounting for 22%. 3 countries - the Maldives, Malta and the Bahamas - meet all th…

i2O ships first 4G NB-IoT logger

i2O, the smart water network solutions company, has today shipped its first 4G NB-IoT (Narrow Band Internet of Things) logger. NB-IoT is a low power wide area network (LPWAN) technology from mobile phone companies that is now being switched on in a number of countries. It is designed to…

We only have 12 years to save the earth!

Flash, I love you! But we only have 12 years to save the Earth! In the film of Flash Gordon, NASA scientists claim the unexpected eclipse and strange hot hail are nothing to worry about. Not so in our current reality. The most recent Intergovernmental Panel on Climate Change (IPCC) rep…

Summertime and the livin' isn’t easy

The UK Climate Projections 2018 study says that summer temperatures could be 5.4C hotter by 2070. The chances of having a summer as warm as this year’s summer (2018) is currently 15-20%. That’s going to rise to 50%. In other words, as likely as not. The warmer summers will also be much…

Are water firms ready for extreme weather events?

Ofwat, the UK water regulator, is set to take a hard line with water companies this winter if bad weather strikes again. A spokesperson for the regulator says it expects all companies to “show they have learned lessons and are prepared for whatever the weather brings”.

35% of Colombia’s municipalities face water shortages

The Colombian Ministry of Environment and Sustainable Development and the Institute of Hydrology, Meteorology and Environmental Studies has announced the publication of the National Water Study 2018. Colombia has 1,122 municipalities. In 2014, 318 were identified as being susceptible to…
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i2O Water Company Life and Culture

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i2O Water Frequently Asked Questions

  • When was i2O Water founded?

    i2O Water was founded in 2005.

  • Who are i2O Water key executives?

    i2O Water's key executives are Joel Hagan, Mike Neame and Steve Wilkes.

  • How many employees does i2O Water have?

    i2O Water has 53 employees.

  • What is i2O Water revenue?

    Latest i2O Water annual revenue is £3 m.

  • What is i2O Water revenue per employee?

    Latest i2O Water revenue per employee is £55.8 k.

  • Who are i2O Water competitors?

    Competitors of i2O Water include Clean Coal Technologies, Babcock & Wilcox and ACCIONA.

  • Where is i2O Water headquarters?

    i2O Water headquarters is located at 4 Benham Rd, Chilworth.

  • Where are i2O Water offices?

    i2O Water has offices in Chilworth, Southampton, Petaling Jaya, Bogotá and in 1 other location.

  • How many offices does i2O Water have?

    i2O Water has 9 offices.