Previous 2022-2025 guidance implied a revenue CAGR of 42.5%, but after overachieving the 2025 target, the 2023 & also 2025 target will have to be upgraded
new guidance in next call in may
All regions are growing new wholesale contracts in the nordics
All regions are growing
new wholesale contracts in the nordics
Shelly will be sold in the US Home Depot Webshop, if successful, physical stores will follow
new sales teams implemented in Nordics & France with already good sales pipeline
German market will grow >30% after only 10% in 2022 (Germany is the biggest market currently)
Shelly is the fastest growing Smart Home Brand
Shelly is the fastest growing Smart Home Brand
Shelly is the fastest growing Smart Home Brand
Fastest growing brand on Amazon as a direct vendor
Shelly devices grew with a CAGR of 124% from 2018-2022
Shelly cloud accounts crew with a CAGR of 116% from 2019-2022
2 new Shelly-Qubino products will be released already in Q2 only few months after acquisition, ready to disrupt the Z-Wave market
Allterco will develop a completely new Shelly OS that can also be offered to 3rd party hardware manufacturer specially made for enterprises
Here is the full Allterco write-up for more information about the company: