Financials

Estimates*

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Revenues, earnings & profits over time
EUR2017201820192020202120222023
Revenues<1m1.1m2.1m1.1m1.5m2.1m2.1m
% growth-113300 %86 %(50 %)43 %38 %-
EBITDA(<1m)(<1m)(1.7m)(3.6m)(3.4m)(5.5m)-
% EBITDA margin(39000 %)(4 %)(83 %)(339 %)(227 %)(264 %)-
Profit(<1m)(<1m)(2.1m)(3.9m)(3.8m)(5.8m)-
% profit margin(44100 %)(18 %)(99 %)(376 %)(251 %)(279 %)-
R&D budget<1m2.0m3.0m2.0m---
R&D % of revenue800 %176 %142 %190 %---

Source: Dealroom estimates

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Recent News about Sulapac

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Sulapac is a pioneering startup focused on providing sustainable and fully biodegradable alternatives to conventional plastic. The company operates in the eco-friendly materials market, targeting businesses that are keen on reducing their environmental footprint. Sulapac's primary clients include brands and manufacturers across various industries such as cosmetics, food, and consumer goods, who are looking to replace traditional plastic with more sustainable options.

Sulapac's business model revolves around developing and supplying innovative materials that mimic the properties of plastic but are made from natural, biodegradable components. These materials are designed to be both functional and aesthetically pleasing, ensuring that they meet the high standards of their clients. The company generates revenue by selling these sustainable materials to businesses that incorporate them into their products, such as packaging and straws.

The market Sulapac operates in is growing rapidly as more companies and consumers become aware of the environmental impact of plastic waste. By offering a viable alternative that does not compromise on quality or usability, Sulapac is well-positioned to capitalize on this trend. The company also engages in partnerships and collaborations with other organizations committed to sustainability, further expanding its reach and influence.

In summary, Sulapac is a forward-thinking company dedicated to combating plastic waste by providing biodegradable alternatives to traditional plastic. It serves a diverse range of clients in the eco-friendly materials market, leveraging a business model that focuses on innovation and sustainability to generate revenue.

Keywords: sustainable, biodegradable, plastic alternative, eco-friendly, materials, packaging, cosmetics, food, consumer goods, innovation.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.