SEALAB is in the sweet spot where Profitability meets Technology. The company’s specialized Software and Hardware competence creates high-impact delivery of new smart sensors for Ocean Space. It’s a Powerful combination of software development expertise and technology services. This has led to an Effective business model that commercializes the combination of SEALAB software, hardware and third-party Apps.
Striving for high profitability, revenue quality and visibility
SEALAB has started preparations for a series B fundraising, scheduled to take place within mid-year 2020. Potential partners and investors with interest in the planned equity round or investing in SEALAB in general are advised to make contact.
44% EBITDA margin (proforma 2022) driven by predictable, high-margin revenue.
60% from SEALAB software, 40% from hardware rental.
Third party software offers a unique competitive advantage for SEALAB and will accelerate the supply of services and solutions as well as open new markets worldwide. With the estimated 30% revenue share within two years, third party apps will not only contribute to growing recurring income but also ensure SEALAB’s competitive edge in the service field and drive the development of the Blue Economy.
Long-term client relationships are at the essence of SEALABs business; both commercial and pilot driven projects (IFU). E.g. 5G-HEART, an EU Horizon 2020 backed project in cooperation with Telenor, Nokia and Intel, and the superb project for individual recognition of Salmon (Indisal) financed by The Research Council of Norway.
SEALAB has greatly benefitted from the well-established cooperation with Universities and research institutions such as BI, NTNU and others. For instance, 15 Master Theses within Artificial Intelligence and Ocean Space technology are running under SEALAB’s wings where they commonly address issues to be solved within the Aquaculture industry and its economy as well as a more general Machine Vision approach towards the need of solutions in the Ocean Space
SEALAB provides all shareholders and potential investors with relevant financial information in a consistent and transparent manner.
Total of shares
Total of investors
|Rank||Shareholders||Shares||% of shares||Account type||Country|
Slottvarden Invest AS
Hmh Invest AS
Otto Invest AS
Marin Aqua AS
Angen Group AS
Ole Gunnar Selvaag
Hakar Invest AS