Modulight as an investment
Modulight Corporation is a Finnish technology company that designs, markets and produces laser products including semiconductors, laser modules and complete cloud-connected laser platforms, as well as related software and services for demanding pharmaceutical and technology companies and target markets around the world.
In 2020, the revenue of Modulight was EUR 10.1 million, an increase of 40 percent compared to the previous year. The company’s EBITDA in 2020 was EUR 5.8 million and the EBITDA margin was 58 percent.
Modulight's customers use the company's comprehensive laser product solutions in the pharmaceutical and biomedical treatments and products they offer, where laser technology brings significant added value. Modulight’s customers include in total more than ten international pharmaceutical companies and Fortune 500 listed companies as well as several well-known cancer research institutes and universities in the United States, Japan and Europe.
Modulight has over 20 years of experience in medical applications, the development and manufacture of lasers and optics. Since 2014, the company’s main focus has been on providing laser solutions for the medicine and biomedicine sectors. More specifically, the company has been involved in developing various laser-based treatment methods for indications within oncology and ophthalmology. Modulight believes that its expertise will bring the company a competitive market position.
Strong and profitable growth
EBITDA, %, average, 2018–2020
Revenue growth-%, average, 2018–2020 (revenue 10 M€ 2020)
in total more than ten international pharmaceutical companies and Fortune 500 listed companies as customers
years of experience in medical applications, the development and manufacture of lasers and optics