The story
From €22k to €3M+
in eight fiscal years.
Simplio resells Vodafone M2M / IoT SIM connectivity to growth-stage hardware companies — connected vehicles, micromobility, robotics, sensors and logistics. From a single fiscal year of activity in FY 2018 the network now powers nearly one million active devices across Asia-Pacific.
Headline Numbers
FY ends 30 March
Revenue · FY25–26
€3,054,674
Active SIMs · FY25–26
970,000 devices
Gross Margin · FY25–26
€2,061,959
Revenue & Vodafone Wholesale Cost
Bars in €. Dashed line is YoY revenue growth (right axis).
Revenue
Vodafone Invoice
YoY Revenue %
Active SIM Cards
Cumulative active devices at fiscal year-end.
Gross Margin · EBIT Proxy
Revenue minus Vodafone invoice. Other opex not yet deducted.
Customer Base
Active = currently invoiced for SIM consumption.
57%
Active
Active
35
Inactive / churned
26
Total accounts on record
61
Avg SIMs / Active Cust.
~27,700
Avg Revenue / Active Cust.
€87,300
The Numbers
Eight-year arc · sourced from P&L (FY18–23) and master spreadsheet (FY24–26)
| Fiscal Year | Revenue | YoY | Operational Cost | YoY | Gross Margin | Active SIMs | Share of FY26 |
|---|