Pyreos is the world’s only volume supplier of thin-film PZT pyroelectric sensors. The company develops and makes these infra-red sensors for use in a wide variety of industrial and consumer products ranging from devices that detect flames or analyse gases through to spectrometers which analyse foodstuffs, engine oils and blood, through to switches and other electronics that detect gestures and presence. The company was spun out from German multinational Siemens in 2007 following €10m (£7.5m) of research and development work and is based at the Scottish Microelectronics Centre on the University of Edinburgh’s Kings Buildings campus. Investors are Siemens Technology Accelerator (STA), Robert Bosch Venture Capital GmbH (RBVC), Scottish Investment Bank (the investment arm of Scottish Enterprise), Strathtay Ventures (a subsidiary of Braveheart) and Seraphim Capital.
Type
Private
HQ
Edinburgh, GB
Size (employees)
23 (est)
Website
pyreos.com
Pyreos is headquartered in Edinburgh, GB
Report incorrect company information

Key People/Management at Pyreos

Ann Simon

Ann Simon

CFO
Howard Ford

Howard Ford

Chairman

Pyreos Office Locations

Pyreos has an office in Edinburgh
Edinburgh, GB (HQ)
W Mains Rd Caretakers House
Show all (1)
Report incorrect company information

Pyreos Financials and Metrics

Summary Metrics

Total Funding

$6 m

Latest funding size

$4 m

Time since last funding

4 years ago

Investors

Pyreos's latest funding round in November 2013 was reported to be $4 m. In total, Pyreos has raised $6 m

Pyreos Financials

Pyreos's revenue was reported to be £796.51 k in FY, 2017
GBP

Revenue (FY, 2017)

796.5 k

Gross profit (FY, 2017)

550.7 k

Gross profit margin (FY, 2017), %

69.1%

Net income (FY, 2017)

(1.9 m)

EBITDA (FY, 2017)

(2.1 m)

EBIT (FY, 2017)

(2.3 m)

Cash (31-Dec-2017)

1.1 m
GBPFY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

4.2 k155.1 k257.5 k525.8 k443.9 k736.4 k544.5 k429.8 k537.3 k796.5 k

Revenue growth, %

(26%)(21%)25%

Cost of goods sold

20.7 k161.5 k251.7 k90.3 k381.6 k267 k327.8 k182.5 k245.8 k

Gross profit

134.4 k96 k274.1 k353.7 k354.9 k277.5 k102 k354.8 k550.7 k
GBPFY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

(118.8 k)(1 m)(1.4 m)(1.1 m)(1.5 m)(1.9 m)(3.1 m)(4.1 m)(2.7 m)(3.2 m)(1.9 m)

Cash From Operating Activities

(1.1 m)(2.3 m)(2.7 m)(3.6 m)(3.2 m)(2.9 m)(2.4 m)

Cash From Financing Activities

1.6 m4 m3.3 m2.8 m2.5 m1.8 m2.8 m

Net Change in Cash

181.4 k604.1 k596.5 k(816.8 k)(54.5 k)(728.6 k)865.4 k
GBPY, 2017

Revenue/Employee

35.9 k

Financial Leverage

1.6 x
Show all financial metrics
Report incorrect company information