Ontic stock price, funding rounds, valuation and financials

Ontic has raised $56.65 m in total funding. Ontic annual revenue was $92.59 m in FY 2020

$92.6 M

Ontic Revenue FY, 2020
Ontic Revenue growth (FY, 2019 - FY, 2020), %2%
Ontic Gross profit (FY, 2020)53.5 M
Ontic Gross profit margin (FY, 2020), %57.7%
Ontic Net income (FY, 2020)-3.5 M
Ontic EBIT (FY, 2020)6.9 M
Ontic Cash, 31-Dec-202013.8 M
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Ontic Revenue

Ontic revenue was $92.59 m in FY, 2020 which is a 2.4% year over year increase from the previous period.

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Ontic Funding

Summary Metrics

Founding Date

1974

Ontic total Funding

$56.7 m

Ontic latest funding size

$40 m

Time since last funding

2 months ago

Ontic investors

Ontic's latest funding round in November 2021 was reported to be $40 m. In total, Ontic has raised $56.7 m

Ontic Capital Raised

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Ontic Revenue Breakdown

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Ontic revenue breakdown by business segment: 79.3% from Sale of Goods and 20.7% from Rendering of Services

Ontic revenue breakdown by geographic segment: 63.1% from Rest of World, 31.4% from United Kingdom and 5.5% from Rest of Europe

Ontic Income Statement

Annual

USDFY, 2019FY, 2020

Revenue

90.4m92.6m

Revenue growth, %

43%2%

Cost of goods sold

49.9m39.1m

Gross profit

40.5m53.5m

Gross profit Margin, %

45%58%

General and administrative expense

35.7m46.5m

Operating expense total

35.7m46.5m

EBIT

4.8m6.9m

EBIT margin, %

5%7%

Interest expense

7.8m9.3m

Interest income

440.01.0k

Pre tax profit

(3.0m)(2.4m)

Income tax expense

(571.0k)1.1m

Net Income

(2.4m)(3.5m)

Ontic Balance Sheet

Annual

USDFY, 2019FY, 2020

Cash

8.6m13.8m

Accounts Receivable

13.1m15.3m

Inventories

36.7m39.5m

Current Assets

66.3m74.0m

PP&E

9.7m9.4m

Goodwill

15.0m11.0m

Total Assets

199.0m194.6m

Accounts Payable

6.9m9.3m

Current Liabilities

25.9m25.2m

Non-Current Liabilities

92.5m91.9m

Total Liabilities

131.5m130.6m

Common Stock

1.0

Retained Earnings

67.9m64.4m

Total Equity

67.5m63.9m

Financial Leverage

2.9 x3 x

Ontic Ratios

USDFY, 2019

Revenue/Employee

318.3k

Financial Leverage

2.9 x

Ontic Employee Rating

3.746 votes
Culture & Values
3.4
Work/Life Balance
3.5
Senior Management
3.1
Salary & Benefits
3.8
Career Opportunities
3.5
Source