Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Back
Corporate

Covid-19: Staying the Course, Together.

April 2, 2020
4 min

A message to our clients and partners.

“Dear Clients and Partners,

We hope that you and your loved ones are safe.

During these troubled times, the ability of any given firm to maintain a stable, uninterrupted operational environment will increasingly come into question. Kpler is no exception and considers these questions legitimate, especially amid the connected ecosystem in which we serve.

Although we are a privately held company and not required to publish financial statements, we would like to make the following disclosures in order to show our position is solid and ensures business continuity.


Firstly, as of a few days ago, Kpler achieved 25 million dollars of booked revenues, making us the largest proprietary data provider in our category, by far. This figure has doubled in the past 18 months, demonstrating clear growth acceleration.


Secondly, Kpler is a profitable company. Our EBITDA margin finished in double digits in 2019, a result of strict financial discipline. We have always been self-funded and while many tech firms too often measure success around an ability to raise cash or invest in marketing campaigns, we have worked hard to take a more conservative approach, spending our money wisely. This has been key in preventing financial risk amid a difficult economic reality at present.


Finally, Kpler’s revenue streams are well diversified. As many of you know, we started with our LNG product 6 years ago, and this segment still accounts for nearly one third of our revenues.


However, since the move into Crude Oil and Refined products, these segments have become our largest and fastest growing revenue streams, doubling year on year.


Be assured that in the current situation and beyond, we are committed to providing you with the best level of service.


Thank you for your trust.


François Cazor, CEO”


Tags

Subscribe to new updates

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Kpler and kpler.com, LNGmarket, lngmarket.com are trademarks and/or copyrights of Kpler. The reproduction or representation of any or all of this site, on any medium whatsoever, are therefore strictly forbidden unless otherwise approved in writing by the publishing manager.
© 2014-2021 Kpler.