Saunum Group AS
TTAL:SAUNA2.46
EUR
-0.06
(-2.38%)
ISIN
EE3100019753
Return %
Stock
S&P 500
1Y
-8.89
14.20
3Y
-59.41
81.12
5Y
-90.70
68.34
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
EUR
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in mil. unless spec.Semi-annual Revenue
EUR
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in mil. unless spec.Semi-annual Earnings Per Share
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in mil. unless spec.Semi-annual Dividends Per Share
EUR
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in mil. unless spec.Company Description
- CEO
- Allan Selirand
- Full Time Employees
- 28
- Sector
- Producer manufacturing
- Industry
- Industrial machinery
- Address
- Tallinn Estonia
- IPO Date
- Dec 18, 2020
- Website
- saunum.com
- Similar Companies
- Business
- Saunum Group AS is an Estonia-based sauna technology and wellness equipment company that designs, develops, manufactures, and markets indoor climate control systems, integrated electric sauna heaters, modular saunas, and automated control solutions for residential, commercial, and hospitality clients. The company operates primarily through its wholly owned operating subsidiary, Saunum Saunas OÜ. Saunum Group AS offers a comprehensive portfolio of patented wellness and climate management products: indoor climate equalization devices, including the Saunum Base unit designed to blend upper hot air with lower cool air to create uniform temperature and oxygen distribution in existing saunas; integrated electric sauna heaters, including the Saunum Experience, Saunum Pro Experience, Saunum Spa Session, and Saunum Luxury product lines, which combine heating elements with integrated air-blending chambers and Himalayan pink salt ion-enrichment modules; prefabricated modular sauna units, marketed under the Saunum AirCube series, including AirCube One, AirCube Space, and AirCube Terrace for outdoor and indoor installations; digital climate management and automation solutions, including Saunum Leil and Saunum AirIQ smart touchscreen controllers and mobile applications for remote climate scheduling and control; and specialized sauna design, custom engineering, and technical advisory services. The company serves customers across Estonia, the Baltic region, Scandinavia, Continental Europe, and North America, distributing products through direct sales channels, certified retail dealers, and specialized sauna equipment distributors. In recent developments, Saunum Group AS has expanded its international market reach across the United States and Canada following the acquisition of UL and CSA electrical safety certifications (UL 875 / CSA C22.2 No. 164) for its heater lines; completed a public share offering on the Nasdaq First North Baltic market to fund product innovation and export expansion; launched the AirCube modular outdoor sauna series; entered into a scientific research partnership with Tallinn University to evaluate the physiological recovery and health impacts of its climate technology; and optimized its manufacturing processes and distribution partnerships to accelerate revenue growth and reduce operating losses. Saunum Group AS was founded in 2014 and is headquartered in Tallinn, Estonia.