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Bitmax Valuation Multiples
Discover revenue and EBITDA valuation multiples for Bitmax and similar public comparables like iCetana, CodeMill, Zoo Digital Group, Bambuser and more.
Bitmax Overview
About Bitmax
Bitmax Co Ltd is an AR technology company. It focuses on research and development on Metaverse Platform and augmented reality. AR technology will help people with immediate and visual tools in improving decision-making capabilities.
Founded
2010
HQ

Employees
N/A
Website
Sectors
Financials (FY)
EV
$68M
Valuation Multiples
Start free trialBitmax Financials
Bitmax reported last fiscal year revenue of $18M and negative EBITDA of ($57M).
In the same fiscal year, Bitmax generated $3M in gross profit, ($57M) in EBITDA losses, and had net loss of ($64M).
Bitmax P&L
In the most recent fiscal year, Bitmax reported revenue of $18M and EBITDA of ($57M).
Bitmax is unprofitable as of last fiscal year, with gross margin of 15%, EBITDA margin of (315%), and net margin of (354%).
Financial data powered by Morningstar, Inc.
Bitmax Stock Performance
Bitmax has current market cap of $19M, and enterprise value of $68M.
Market Cap Evolution
Bitmax's stock price is $1.74.
Bitmax share price decreased by 24.5% in the last 30 days, and by 32.1% in the last year.
Bitmax has an EPS (earnings per share) of $-6.01.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $68M | $19M | -0.2% | -24.5% | -43.1% | -32.1% | $-6.01 |
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Start Free TrialBitmax Valuation Multiples
Bitmax trades at 3.7x EV/Revenue multiple, and (1.2x) EV/EBITDA.
Bitmax Financial Valuation Multiples
As of May 17, 2026, Bitmax has market cap of $19M and EV of $68M.
Bitmax has a P/E ratio of (0.3x).
Multiples above and below 250x are considered non-meaningful (n/m). Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Bitmax Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Bitmax Margins & Growth Rates
In the most recent fiscal year, Bitmax reported gross margin of 15%, EBITDA margin of (315%), and net margin of (354%).
Bitmax Margins
Bitmax Growth Rates
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Bitmax Operational KPIs
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Bitmax Competitors
Bitmax competitors include iCetana, CodeMill, Zoo Digital Group, Bambuser, VOGO, M4B S.A., Witbe, Blackbird, Beamr and Netgem.
Most Bitmax public comparables operate across Video & Streaming Software.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| 13.0x | — | (7.4x) | — | |||
| 2.8x | — | 11.7x | — | |||
| 0.3x | 0.4x | 14.2x | 4.1x | |||
| 1.5x | — | (1.5x) | — | |||
| 1.4x | 1.4x | 22.0x | 20.0x | |||
| 1.8x | — | 13.7x | — | |||
| 0.6x | — | 4.2x | — | |||
| 3.2x | — | (2.8x) | — | |||
This data is available for Pro users. Sign up to see all Bitmax competitors and their valuation data. Start Free Trial | ||||||
Bitmax Funding History
Before going public, Bitmax raised $12M in total equity funding, across 4 rounds.
Bitmax Funding Rounds
Bitmax M&A Activity
Bitmax has acquired 2 companies to date.
Last acquisition by Bitmax was on December 28th 2023. Bitmax acquired ILFU for $13M (EV/Revenue multiple of ).
Latest Acquisitions by Bitmax
| Description | ILFU is a South Korea-based IT services provider specializing in optimization through consulting, advanced technology implementations, and deployment of operational personnel. The company targets enterprises needing streamlined IT operations, offering tailored solutions for infrastructure upgrades and efficiency gains. Operating from its base in Seoul, ILFU supports clients across various industries with services including system integration and performance enhancement. | Buk.io is a Seoul-based ebook platform developed by BBDBU Inc that converts EPUB files into web-accessible content via URL sharing. Publishers use the service to direct readers to specific book paragraphs across iOS, Android, web browsers, and Chromebooks. Handling over 48,000 EPUB transformations, Buk.io supports direct marketing and embedded reading experiences at buk.io. |
| HQ Country | ||
| HQ City | Seoul | Seoul |
| Deal Date | 28 Dec 2023 | 10 May 2022 |
| Valuation | $13M | undisclosed |
| EV/Revenue | ||
| EV/EBITDA | ||
This data is available for Pro users. Sign up to see all Bitmax acquisitions and their M&A valuation multiples. Start Free Trial | ||
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Start Free TrialAbout Bitmax
| When was Bitmax founded? | Bitmax was founded in 2010. |
| Where is Bitmax headquartered? | Bitmax is headquartered in South Korea. |
| Is Bitmax publicly listed? | Yes, Bitmax is a public company listed on Korea Exchange. |
| What is the stock symbol of Bitmax? | Bitmax trades under 377030 ticker. |
| When did Bitmax go public? | Bitmax went public in 2021. |
| Who are competitors of Bitmax? | Bitmax main competitors include iCetana, CodeMill, Zoo Digital Group, Bambuser, VOGO, M4B S.A., Witbe, Blackbird, Beamr, Netgem. |
| What is the current market cap of Bitmax? | Bitmax's current market cap is $19M. |
| What is the current revenue of Bitmax? | Bitmax's last fiscal year revenue is $18M. |
| What is the current EV/Revenue multiple of Bitmax? | Current revenue multiple of Bitmax is 3.7x. |
| Is Bitmax profitable? | No, Bitmax is not profitable. |
| How many companies Bitmax has acquired to date? | As of May 2026, Bitmax has acquired 2 companies. |
| What was the largest acquisition by Bitmax? | $13M acquisition of ILFU on 28th December 2023 was the largest M&A Bitmax has done to date. |
| What companies Bitmax acquired? | Bitmax acquired ILFU and Buk.io. |
| In how many companies Bitmax has invested to date? | Bitmax hasn't invested in any companies yet (or none have been disclosed publicly). |
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