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- Spinnova
Spinnova Valuation Multiples
Spinnova is valued at $28M as of October 2026, a 29.0x revenue multiple. In the last 12 months, Spinnova revenue was $441K and Spinnova EBITDA was ($16M).
Spinnova Overview
About Spinnova
Spinnova Oyj is engaged in the provision of technology deliveries and services for sustainable textile production. The company has developed a technology for making textile fiber from wood or waste, such as leather, textile, or agricultural waste, without harmful chemicals.
Founded
2014
HQ
Employees
58
Website
Sectors
Financials (LTM)
EV
$13M
Valuation Multiples
Start free trialSpinnova Financials
Spinnova reported last 12-month revenue of $441K and negative EBITDA of ($16M).
In the same LTM period, Spinnova generated ($16M) in EBITDA losses.
Revenue (LTM)
Spinnova P&L
In the most recent fiscal year, Spinnova reported revenue of $386K and EBITDA of ($42M).
Spinnova is unprofitable as of last fiscal year, with gross margin of 74%, EBITDA margin of (10980%), and net margin of (11830%).
Financial data powered by Morningstar, Inc.
Spinnova Stock Performance
Spinnova has current market cap of $28M, and enterprise value of $13M.
Market Cap Evolution
Spinnova's stock price is $0.53.
Spinnova share price increased by 5.5% in the last 30 days, and decreased by 14.7% in the last year.
Spinnova has an EPS (earnings per share) of $-0.87.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $13M | $28M | 4.6% | 5.5% | 15.8% | -14.7% | $-0.87 |
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Start Free TrialSpinnova Valuation Multiples
Spinnova trades at 29.0x EV/Revenue multiple, and (0.8x) EV/EBITDA.
EV / Revenue (LTM)
Spinnova Financial Valuation Multiples
As of October 22, 2026, Spinnova has market cap of $28M and EV of $13M.
Spinnova has a P/E ratio of (0.6x).
Multiples above and below 250x are considered non-meaningful (n/m). Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Spinnova 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.


Spinnova Margins & Growth Rates
Spinnova grew revenue by 16% but EBITDA decreased by 73% in the last fiscal year.
In the most recent fiscal year, Spinnova reported gross margin of 74%, EBITDA margin of (10980%), and net margin of (11830%).
Spinnova Margins
Spinnova Growth Rates
Data powered by FactSet, Inc. and Morningstar, Inc.
Spinnova Operational KPIs
Spinnova's revenue per employee in the last FY averaged $0.0M, while opex per employee averaged $0.4M for the same period.
Spinnova's Rule of 40 is (2509%) (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Spinnova's Rule of X is (2484%) (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).
Data powered by FactSet, Inc. and Morningstar, Inc.
Spinnova Competitors
Spinnova competitors include Lüks Kadife, Hoftex Group, Bremworth, Bilici Yatırım, Ratti, El D Mouzakis, Rubenis Tekstil, Vereinigte Filzfabriken, Söktaş and Dierig Holding.
Most Spinnova public comparables operate across Textiles.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $9M | $2M | 3.1x | - | 12.2x | - | |||
| $163M | $7M | 0.1x | - | 2.6x | - | |||
| $50M | $12M | 0.4x | - | 1.7x | - | |||
| $12M | $3M | 2.2x | - | 8.4x | - | |||
| $87M | ($2M) | 0.5x | - | (20.8x) | - | |||
| $5M | $2M | 4.1x | - | 10.0x | - | |||
| $43M | $1M | 0.8x | - | 30.6x | - | |||
| $28M | $2M | 0.6x | - | 8.5x | - | |||
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Spinnova VC Funding History
Before going public, Spinnova raised $21M in total equity funding, across 2 rounds.
Spinnova Funding Rounds
Acquisitions by Spinnova
Spinnova has acquired 3 companies to date.
Last acquisition by Spinnova was on September 17th 2026. Spinnova acquired Tearfil Textile Yarns for $600K (EV/Revenue multiple available to Pro users).
Latest Acquisitions by Spinnova
| Description | Tearfil Textile Yarns is a spinning mill that creates yarns from sustainable fibers such as organic cotton, hemp, and lyocell. Production covers multiple techniques including ring, compact, vortex, and air-jet methods to serve textile manufacturers. A dedicated laboratory conducts research into new compositions and delivers tailored solutions for clients prioritizing traceability. | Suzano Finland produces and supplies hardwood pulp to paper and packaging manufacturers from its facility in Finland. | Jyvaskyla-based Woodspin is a producer of SPINNOVA fibres made from wood cellulose for the fashion industry. The company supplies this sustainable textile fibre to brands seeking eco-friendly alternatives and maintains FSC certification for sourcing from responsibly managed forests in Finland. |
| HQ Country | |||
| HQ City | - | Jyväskylä | Jyväskylä |
| Deal Date | 17 Sep 2026 | 27 Aug 2025 | 27 Apr 2025 |
| Valuation | $600K | $2M | $2M |
| EV/Revenue | |||
| EV/EBITDA | |||
This data is available for Pro users. Sign up to see all Spinnova acquisitions and their M&A valuation multiples. Start Free Trial | |||
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Start Free TrialAbout Spinnova
| When was Spinnova founded? | Spinnova was founded in 2014. |
| Where is Spinnova headquartered? | Spinnova is headquartered in Finland. |
| How many employees does Spinnova have? | As of today, Spinnova has over 58 employees. |
| Who is the CEO of Spinnova? | Spinnova's CEO is Janne Poranen. |
| Is Spinnova publicly listed? | Yes, Spinnova is a public company listed on Nasdaq Helsinki. |
| What is the stock symbol of Spinnova? | Spinnova trades under SPINN ticker. |
| When did Spinnova go public? | Spinnova went public in 2021. |
| Who are competitors of Spinnova? | Spinnova main competitors include Lüks Kadife, Hoftex Group, Bremworth, Bilici Yatırım, Ratti, El D Mouzakis, Rubenis Tekstil, Vereinigte Filzfabriken, Söktaş, Dierig Holding. |
| What is the current market cap of Spinnova? | Spinnova's current market cap is $28M. |
| What is the current revenue of Spinnova? | Spinnova's last 12 months revenue is $441K. |
| What is the current revenue growth of Spinnova? | Spinnova revenue growth (NTM/LTM) is 1153%. |
| What is the current EV/Revenue multiple of Spinnova? | Current revenue multiple of Spinnova is 29.0x. |
| Is Spinnova profitable? | No, Spinnova is not profitable. |
| What is the current EBITDA of Spinnova? | Spinnova has negative EBITDA and is not profitable. |
| What is Spinnova's EBITDA margin? | Spinnova's last 12 months EBITDA margin is (3520%). |
| What is the current EV/EBITDA multiple of Spinnova? | Current EBITDA multiple of Spinnova is (0.8x). |
| How many companies Spinnova has acquired to date? | As of October 2026, Spinnova has acquired 3 companies. |
| What was the largest acquisition by Spinnova? | $2M acquisition of Woodspin on 27th April 2025 was the largest M&A Spinnova has done to date. |
| What companies Spinnova acquired? | Spinnova acquired Woodspin, Suzano Finland, and Tearfil Textile Yarns. |
| In how many companies Spinnova has invested to date? | Spinnova hasn't invested in any companies yet (or none have been disclosed publicly). |
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