Pallas Air Valuation Multiples

Discover revenue and EBITDA valuation multiples for Pallas Air and similar public comparables like Hauppauge Digital, EatGood Sweden, CABASSE, VEOM and more.

Pallas Air Overview

About Pallas Air

Pallas Air PLC is a Finnish technology company offering clean breathing air solutions. It is engaged in the development and manufacturing of various types of products that enable cleaner and healthier breathing air. The company's business is divided into three primary areas: air purifiers, respirators and surgical mouthguards, and ventilation hygiene products.


Founded

1988

HQ

Finland

Employees

N/A

Financials (LTM)

Revenue: $8M
EBITDA: ($4M)

EV

$11M

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Pallas Air Financials

Pallas Air reported last 12-month revenue of $8M and negative EBITDA of ($4M).

In the same LTM period, Pallas Air generated ($4M) in EBITDA losses.

Revenue (LTM)


Pallas Air P&L

In the most recent fiscal year, Pallas Air reported revenue of $8M and EBITDA of ($5M).

Pallas Air is unprofitable as of last fiscal year, with gross margin of 31%, EBITDA margin of (68%), and net margin of (156%).

See analyst estimates for Pallas Air
LTMLast FY202320242025202620272028
Revenue$8M$8M$4M$10M$8M
Gross Profit-$2M$723K$5M$2M
Gross Margin-31%18%47%31%
EBITDA($4M)($5M)($995K)($5M)($5M)
EBITDA Margin(57%)(68%)(24%)(52%)(68%)
EBIT Margin(104%)(143%)(181%)(95%)(143%)
Net Profit-($12M)($5M)($10M)($12M)
Net Margin-(156%)(122%)(105%)(156%)
Net Debt-$9M---

Financial data powered by Morningstar, Inc.

Pallas Air Stock Performance

Pallas Air has current market cap of $746K, and enterprise value of $11M.

Market Cap Evolution


Pallas Air's stock price is $0.58.

Pallas Air share price decreased by 0.1% in the last 30 days, and by 26.2% in the last year.

Pallas Air has an EPS (earnings per share) of $-9.62.

See more trading valuation data for Pallas Air
EVMarket CapPrice 1DPrice 1MPrice 3MPrice 12MEPS
$11M$746K0.1%-0.1%-31.3%-26.2%$-9.62

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Pallas Air Valuation Multiples

Pallas Air trades at 1.4x EV/Revenue multiple, and (2.4x) EV/EBITDA.

See NTM and 2027E valuation multiples for Pallas Air

EV / Revenue (LTM)


Pallas Air Financial Valuation Multiples

As of September 5, 2026, Pallas Air has market cap of $746K and EV of $11M.

Pallas Air has a P/E ratio of (0.1x).

LTMLast FY202320242025202620272028
EV/Revenue1.4x1.4x2.7x1.1x1.4x
EV/EBITDA(2.4x)(2.0x)(11.1x)(2.2x)(2.0x)
EV/EBIT(1.3x)(1.0x)(1.5x)(1.2x)(1.0x)
EV/Gross Profit-4.5x15.2x2.4x4.5x
P/E-(0.1x)(0.1x)(0.1x)(0.1x)
EV/FCF-(74.3x)(4.4x)(4.1x)(74.3x)

Multiples above and below 250x are considered non-meaningful (n/m). Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Verified Pallas Air Valuation Multiples

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Pallas Air Margins & Growth Rates

Pallas Air decreased revenue by 32% and EBITDA by 65% in the last fiscal year.

In the most recent fiscal year, Pallas Air reported gross margin of 31%, EBITDA margin of (68%), and net margin of (156%).

See estimated margins and future growth rates for Pallas Air

Pallas Air Margins

Last FY202420252026202720282029
Gross Margin31%47%31%-
EBITDA Margin(68%)(52%)(68%)(35%)
EBIT Margin(143%)(95%)(143%)(43%)
Net Margin(156%)(105%)(156%)(84%)
FCF Margin(2%)(28%)(2%)(56%)

Pallas Air Growth Rates

FY+1/FY23/2424/2525/2626/2727/2828/29
Revenue Growth(32%)137%(18%)(32%)
Gross Profit Growth-526%(46%)-
EBITDA Growth(65%)401%8%(65%)
EBIT Growth(80%)25%24%(80%)
Net Profit Growth(63%)103%22%(63%)
FCF Growth1941%8%(94%)1941%

Data powered by FactSet, Inc. and Morningstar, Inc.

Pallas Air Operational KPIs

Pallas Air's Rule of 40 is (67%) (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Pallas Air's Rule of X is (115%) (created by Bessemer, Rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

Access forward-looking KPIs for Pallas Air
LTMLast FY202320242025202620272028
Rule of 40(87%)(67%)---
Bessemer Rule of X(132%)(115%)---
S&M Expenses to Revenue-6%8%12%6%
G&A Expenses to Revenue-3%11%12%3%
R&D Expenses to Revenue-1%3%3%1%
Opex to Revenue-174%199%142%174%

Data powered by FactSet, Inc. and Morningstar, Inc.

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Pallas Air Competitors

Pallas Air competitors include Hauppauge Digital, EatGood Sweden, CABASSE, VEOM, BOOSTHEAT, VIA optronics, Endor, TC Unterhaltungselektroni, US Lighting Group and iRobot.

Most Pallas Air public comparables operate across Consumer Electronics and Home Appliances.

EV/RevenueEV/EBITDA
Last FYLTM2027ELast FYLTM2027E
Hauppauge Digital0.0x-(0.8x)-
EatGood Sweden3.6x0.6x(1.3x)-
CABASSE----
VEOM----
BOOSTHEAT--(2.7x)-
VIA optronics0.0x-(0.6x)-
Endor0.0x-0.0x-
TC Unterhaltungselektroni0.1x-(9.2x)-

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About Pallas Air

When was Pallas Air founded?Pallas Air was founded in 1988.
Where is Pallas Air headquartered?Pallas Air is headquartered in Finland.
Is Pallas Air publicly listed?Yes, Pallas Air is a public company listed on Nasdaq Helsinki.
What is the stock symbol of Pallas Air?Pallas Air trades under PALLAS ticker.
When did Pallas Air go public?Pallas Air went public in 2022.
Who are competitors of Pallas Air?Pallas Air main competitors include Hauppauge Digital, EatGood Sweden, CABASSE, VEOM, BOOSTHEAT, VIA optronics, Endor, TC Unterhaltungselektroni, US Lighting Group, iRobot.
What is the current market cap of Pallas Air?Pallas Air's current market cap is $746K.
What is the current revenue of Pallas Air?Pallas Air's last 12 months revenue is $8M.
What is the current revenue growth of Pallas Air?Pallas Air revenue growth (NTM/LTM) is (30%).
What is the current EV/Revenue multiple of Pallas Air?Current revenue multiple of Pallas Air is 1.4x.
Is Pallas Air profitable?No, Pallas Air is not profitable.
What is the current EBITDA of Pallas Air?Pallas Air has negative EBITDA and is not profitable.
What is Pallas Air's EBITDA margin?Pallas Air's last 12 months EBITDA margin is (57%).
What is the current EV/EBITDA multiple of Pallas Air?Current EBITDA multiple of Pallas Air is (2.4x).
How many companies Pallas Air has acquired to date?Pallas Air hasn't acquired any companies yet (or none have been disclosed publicly).
In how many companies Pallas Air has invested to date?Pallas Air hasn't invested in any companies yet (or none have been disclosed publicly).

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