Textmagic AS
 | |
| Public company | |
| Traded as | Nasdaq Baltic: MAGIC |
| ISIN | 🆔 |
| Industry | Mobile communication |
| Founded 📆 | 2001 United Kingdom |
| Founder 👔 | Dan Houghton |
| Headquarters 🏙️ | , Estonia |
Area served 🗺️ | US, UK, Canada, Australia, Europe |
Key people |
|
| Products 📟 |
|
| Revenue🤑 | €10.9 million (2021) |
| Total equity | €79.9 million (Jan 2021) |
| Members | |
Number of employees | 45 |
| 🌐 Website | https://www.textmagic.com/ |
| 📇 Address | |
| 📞 telephone | |
Textmagic is a SaaS-based A2P messaging service that allows SMBs to connect with their customers via two-way SMS messages, online texts, gateway SMS via email, SMS software for desktop, and SMS distribution lists.
Textmagic is operated by Textmagic AS, a publicly-traded company with its headquarters in Estonia.
History
Textmagic was founded in 2001 by Dan Houghton in the United Kingdom.[1] In 2013, Monday Media OÜ, a holding company of Estonian tech executive Priit Vaikmaa, acquired 55% of Textmagic Ltd.[2]
The company's shares were sold in an initial public offering, with the first day of trading 15 December 2021.[3]
As part of the IPO, Textmagic aimed to raise up to €2.5 million via the issue of up to 500,000 new ordinary shares. Altogether, 15,410 investors subscribed for 9,896,434 shares, totalling €49.5 million.[4]
The IPO established Textmagic as the locally listed Estonian firm with the largest number of shareholders,[5] with an oversubscription rate of 19.8.[6]
See also
References
- ↑ "UK-Based SMS Company Founded in 2001". Textmagic.com. 2014-06-20. Retrieved 2016-01-18.
- ↑ "Nordic CF Advisory » Estonian CEO acquired British mobile marketing company Textmagic". Nordicadvisory.com. 8 July 2013. Retrieved 2016-01-18.
- ↑ "Textmagic AS stock and share news".
- ↑ "Results of the Initial Public Offering of Shares of Textmagic AS".
- ↑ "Results of the Initial Public Offering of Shares of Textmagic AS".
- ↑ "Results of the Initial Public Offering of Shares of Textmagic AS".
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