Birdstep Technology

Provider of smart mobile data and secure mobility for operators, enterprises and governmental organizations.

Launch date

1996

Employees

Oslo Norway (HQ)

http://www.birdstep.com

https://twitter.com/smithmicro https://www.facebook.com/birdsteptechnology https://www.linkedin.com/company/birdstep-technology-asa

Revenues, earnings & profits over time

USD	2016	2017	2018	2019	2020	2021	2022
Revenues	69.4m	88.2m	118m	126m	120m	144m	138m
% growth	(4 %)	27 %	33 %	7 %	(5 %)	20 %	(4 %)
EBITDA	(<1m)	2.3m	4.8m	5.0m	9.6m	5.8m	12.1m
% EBITDA margin	(1 %)	3 %	4 %	4 %	8 %	4 %	9 %
Profit	(4.9m)	(5.3m)	2.3m	(7.1m)	(2.6m)	(11.3m)	(7.2m)
% profit margin	(7 %)	(6 %)	2 %	(6 %)	(2 %)	(8 %)	(5 %)
EV / revenue	1.2x	0.7x	0.5x	0.5x	1.0x	0.7x	0.4x
EV / EBITDA	-153.2x	26.9x	12.7x	13.1x	12.6x	17.5x	4.3x

Source: Dealroom estimates

Date	Investors	Amount	Round
Mar 2016*	Smith Micro Software	N/A	Acquisition
Total Funding		-

ACQUISITION by Birdstep Technology Dec 2006

ACQUISITION by Birdstep Technology Dec 2004