REC Silicon
Financials
Estimates*
NOK | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
---|---|---|---|---|---|---|---|
Revenues | 1.0b | 1.2b | 1.2b | 1.2b | 2.2b | 5.3b | 6.2b |
% growth | (24 %) | 17 % | 3 % | (5 %) | 85 % | 145 % | 18 % |
EBITDA | 459m | 70.2m | (354m) | (557m) | (1.0b) | 1.5b | 2.0b |
% EBITDA margin | 45 % | 6 % | (29 %) | (48 %) | (47 %) | 27 % | 32 % |
Profit | (386m) | (249m) | (717m) | 252m | (1.6b) | 529m | 956m |
% profit margin | (38 %) | (21 %) | (59 %) | 22 % | (74 %) | 10 % | 15 % |
EV / revenue | 6.0x | 6.3x | 5.5x | 6.7x | 3.1x | 1.2x | 0.9x |
EV / EBITDA | 13.3x | 106.1x | -18.9x | -14.1x | -6.7x | 4.4x | 2.8x |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
* | $160m Valuation: $802m 6.6x EV/LTM Revenues 14.5x EV/LTM EBITDA | Private Placement non VC | |
$44.0m | Secondary | ||
$115m | Secondary | ||
* | $100m | Post IPO Debt | |
* | $40.0m | Post IPO Debt | |
Total Funding | - |
Recent News about REC Silicon
EditREC Silicon is a leading global provider of high-purity polysilicon and silicon gases, serving the solar and electronics industries. The company operates primarily in the renewable energy and semiconductor markets, offering products such as Solar Grade Polysilicon, Electronic Grade Polysilicon, and Silicon Gases. REC Silicon's business model revolves around the production and sale of these materials, which are essential for manufacturing solar panels and electronic devices. The company utilizes proprietary Fluid Bed Reactor (FBR) technology, which significantly reduces production costs and energy consumption compared to traditional methods. This technological advantage allows REC Silicon to maintain competitive pricing and high-quality standards. The company generates revenue through long-term contracts and spot market sales to a diverse client base, including solar panel manufacturers and semiconductor companies.
Keywords: polysilicon, silicon gases, solar energy, electronics, FBR technology, renewable energy, semiconductor, high-purity materials, cost-efficient, manufacturing.