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)50 (est)+3%
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 Bogotá, Alcobendas, Petaling Jaya, Southampton 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
Ac. 26
Bogotá, CO
Centro Empresarial Dorado Plaza, Av. Calle 26 No. 85D-55 Local 27 Exterior
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

Why go into the office?

There are certainly downsides to working from home: Social isolation Lack of support and input from colleagues Interruptions and distractions IT issues

Need a dam? Try crowdfunding

Water companies face many challenges. Increasing and urbanising population, more extreme weather events, ageing network infrastructure, an ageing workforce, and customers becoming more demanding. The problem is they don’t have more money to address these challenges.

i2O launches new eNet event management software solution for water utilities

i2O is delighted to announce the addition of eNet to its suite of smart network solutions. eNet extends i2O’s ability to help its clients deal with the challenges of increasing and urbanising population, more extreme weather events, ageing network infrastructure, an ageing workforce, cus…

How to win when the chips are down

Incident Management Software has the following benefits:

i2O collaborates with Badger Software to extend its suite of smart network solutions

i2O is pleased to announce that its new event management solution eNet will be powered by Badger Software’s CLIO product.

Water crisis compounded by poor communication

The San Francisco Chronicle says that a new report identifies that poor communications compounded the challenges faced in Salem, Oregon, USA.
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i2O Water Company Life and Culture

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