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MMD Networks Oy

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Year established

2001

Location

Tampere Finland

Primary Industry

Internet

About

Based in Tampere, Finland, and founded in 2001, MMD Networks Oy is a platform is a privately owned internet service provider (ISP) including mmd.net and verkko24.fi and maintain over 15,000 domains in Finland. In 2021, MMD Networks Oy has acquired by Miss Group. The company offers services that include eCommerce, Office 365, website creation, graphic design, content production, digital marketing, web hosting, and domain storage services.
Current Investors
Miss Group Holdings Ltd.

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Primary Industry
Internet
Sub Industries
eMarketing/Digital Marketing, Domain & SEO Services, Web Development, Website Hosting, Systems Management Software, Content Management Software
Website
www.mmd.net
Verticals
E-commerce
Company Stage
Add-on
Total Amount Raised
Subscriber access only

Financials

Fiscal Year Ended
Revenue (USD)
% Revenue Growth (YoY)
Operating Income (USD)
Operating Margin
EBITDA (USD)
% EBITDA Margin
NET Income (USD)
% Net Margin
30 Jun 2018
1,221,190
-
103,740
8.5%
268,124
22%
97,034
7.9%
30 Jun 2019
1,403,352
14.9%
121,573
8.7%
289,330
20.6%
113,188
8.1%
30 Jun 2020
1,239,672
(11.7%)
99,524
8%
302,031
24.4%
84,590
6.8%
31 Dec 2021
31 Dec 2022
31 Dec 2023

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Deals

Deals Type
Add-on
Deal Status Target (s) Deal Date Investor(s) Seller(s) Deal size (Mn) Enterprise value (Mn) Post-money valuation (Mn) EBITDA multiple (x) Revenue multiple (x) Lead partner (s)
Completed MMD Networks Oy 05 Mar 2021
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