Photoncycle
Photoncycle seeks to transform electricity systems with an affordable, autonomous solar-powered solution.
| NOK | 2020 | 2021 | 2022 |
|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 |
| % growth | - | - | 4650 % |
| EBITDA | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 |
| % profit margin | - | (1522 %) | (76 %) |
| EV | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 |
Source: Company filings or news article
Photoncycle is a forward-thinking startup that aims to revolutionize the way electricity is generated, stored, consumed, and paid for. Founded in 2020 by Bjorn Brandtzaeg, the company operates in the renewable energy sector, focusing on innovative solutions to make energy more sustainable and efficient. Photoncycle serves a diverse range of clients, including residential, commercial, and industrial users who are looking for greener and more cost-effective energy solutions.
The company operates in the renewable energy market, which is rapidly growing as the world shifts towards more sustainable energy sources. Photoncycle's business model is based on providing integrated energy solutions that include solar power generation, advanced energy storage systems, and smart consumption technologies. These solutions are designed to optimize energy use and reduce costs for their clients.
Photoncycle makes money through a combination of product sales, service contracts, and energy-as-a-service (EaaS) models. This means they sell their energy systems directly to customers, offer ongoing maintenance and support services, and provide energy solutions on a subscription basis. By doing so, they create multiple revenue streams and ensure a steady flow of income.
The leadership team at Photoncycle is highly experienced and well-regarded in the industry. Baard Mikkelsen, the Chairman of the Board, brings extensive experience from his previous role as President and CEO of Statkraft, Europe's largest renewable energy company. Other key members include Professor Unni Olsbye, a renowned chemist, and Erling Kopke Paulsen, a strategic advisor with a strong background in commercial operations and investment.
In summary, Photoncycle is a dynamic startup focused on transforming the renewable energy landscape through innovative solutions in energy generation, storage, and consumption. Their experienced leadership team and diversified business model position them well for growth in the expanding renewable energy market.
Keywords: Renewable Energy, Solar Power, Energy Storage, Smart Consumption, Sustainable Solutions, Energy-as-a-Service, Innovation, Experienced Leadership, Cost-Effective, Green Technology.