Parity Technologies

Parity Technologies

Develops cutting-edge software solutions for enterprises and industries to unlock the full value of decentralised technology.

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Financials

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Revenues, earnings & profits over time
GBP201720182019202020212023
Revenues000000000000000000000000
% growth---83 %26 %-
EBITDA000000000000000000000000
% EBITDA margin--4 %45 %(257 %)-
Profit000000000000000000000000
% profit margin--4 %36 %(222 %)(46 %)
EV000000000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget000000000000000000000000

Source: Company filings or news article

More about Parity Technologies
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Parity Technologies is a leading blockchain technology company focused on creating a decentralized internet where interactions are verifiable rather than trust-based. The company serves developers, enterprises, and blockchain enthusiasts by providing the tools and frameworks necessary to build on the Web3 tech stack. Operating primarily in the blockchain and decentralized web market, Parity Technologies has developed the next-generation blockchain protocol, Polkadot, and its associated SDK (Software Development Kit). This allows users to create and deploy their own blockchain solutions with ease. The business model revolves around offering open-source technology and support services, generating revenue through partnerships, consulting, and enterprise solutions. Parity Technologies aims to foster a more secure and transparent internet by reducing reliance on centralized entities and mitigating data breaches.

Keywords: blockchain, decentralized, Polkadot, Web3, open-source, SDK, verifiable interactions, tech stack, enterprise solutions, consulting.

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