Summary - Funding Rounds

Founding Date

2005

Total Funding

$35.4 m

Investors

In total, Zinwave had raised $35.4 m. Zinwave is a subsidiary of McWane

Zinwave Financials

Zinwave Income Statement

Annual

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

Revenue

131 k292 k1.1 m2.9 m2.5 m3.1 m3.6 m4.1 m8.1 m13.4 m

Revenue growth, %

15%102%

Cost of goods sold

121 k205 k782 k1.6 m1.4 m1.7 m1.9 m2.4 m4.9 m8.1 m

Gross profit

10 k87 k350 k1.3 m1.1 m1.3 m1.6 m1.7 m3.3 m5.3 m

Gross profit Margin, %

8%30%31%45%43%44%46%42%40%40%

Operating expense total

4.1 m4.4 m3.1 m3.4 m3.6 m3.3 m3.6 m4.6 m8.1 m10.6 m

EBITDA

(3.9 m)(4.2 m)(2.7 m)(2.1 m)(2.4 m)(1.9 m)(1.9 m)(2.9 m)(4.7 m)(5.2 m)

EBITDA margin, %

(2993%)(1429%)(241%)(71%)(95%)(62%)(53%)(70%)(58%)(39%)

EBIT

(4 m)(4.3 m)(2.8 m)(2.1 m)(2.5 m)(1.9 m)(1.9 m)(2.9 m)(4.8 m)(5.4 m)

EBIT margin, %

(3089%)(1468%)(246%)(72%)(97%)(64%)(54%)(71%)(59%)(40%)

Pre tax profit

(4.1 m)(9.2 m)(2.9 m)(1 m)(3.3 m)322 k(2.3 m)(3 m)(4.9 m)(5.7 m)

Income tax expense

331 k292 k196 k183 k(180 k)127 k115 k(6 k)45.9 k106.9 k

Net Income

(3.7 m)(8.9 m)(2.7 m)(842 k)(3.5 m)449 k(2.2 m)(3 m)(4.9 m)(5.6 m)

Zinwave Balance Sheet

Annual

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

Cash

610 k627 k84 k405 k138 k238 k340 k553 k670.9 k527.1 k

Accounts Receivable

73 k206 k492 k409 k663 k627 k1.2 m1.1 m3.2 m2.9 m

Inventories

100 k199 k242 k661 k393 k1.2 m330 k257 k1.1 m2 m

Current Assets

1.3 m1.6 m1.2 m1.8 m1.5 m2.3 m2.1 m2.3 m5.7 m5.9 m

PP&E

179 k81 k55 k70 k106 k98 k39 k160 k245.5 k575.3 k

Goodwill

161.7 k

Total Assets

1.4 m1.7 m1.2 m1.9 m1.6 m2.4 m2.1 m2.5 m6.1 m6.7 m

Accounts Payable

227 k456 k416 k868 k507 k954 k797 k741 k1.3 m756 k

Current Liabilities

1.9 m2.8 m3.3 m1.2 m1.8 m1.7 m2.5 m1.6 m3 m2.1 m

Non-Current Liabilities

5.7 m11.5 m12.6 m8.6 m10.5 m177 k80 k3 m8.9 m15.4 m

Total Debt

485 k654 k449 k193 k226 k196 k523 k

Total Liabilities

7.7 m14.2 m15.9 m9.8 m12.3 m1.8 m2.6 m4.6 m11.9 m17.4 m

Additional Paid-in Capital

19 k102 k178 k342 k418 k3.4 m4.6 m4.6 m5.6 m5.6 m

Retained Earnings

(3.7 m)(8.9 m)(2.7 m)(842 k)(3.5 m)449 k(2.2 m)(3 m)(4.9 m)(5.6 m)

Total Equity

(6.2 m)(12.6 m)(14.6 m)(7.9 m)(10.7 m)554 k(476 k)(2.1 m)(5.7 m)(10.8 m)

Debt to Equity Ratio

-0.1 x-0.1 x0 x0 x0 x0.4 x-1.1 x

Debt to Assets Ratio

0.3 x0.4 x0.4 x0.1 x0.1 x0.1 x0.2 x

Financial Leverage

-0.2 x-0.1 x-0.1 x-0.2 x-0.2 x4.3 x-4.5 x-1.2 x-1.1 x-0.6 x

Zinwave Cash Flow

Annual

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

Net Income

(3.7 m)(8.9 m)(2.7 m)(842 k)(3.5 m)449 k(2.2 m)(3 m)(4.9 m)(5.6 m)

Cash From Operating Activities

(1.2 m)(2.6 m)(6.6 m)(6.4 m)

Cash From Financing Activities

1.2 m2.9 m7 m7 m

Net Change in Cash

102 k213 k24.8 k(143.8 k)

Income Taxes Paid

115 k(6 k)47 k
Report incorrect company information