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sinWatt

Energy flexibility aggregation and ancillary services for power producers and consumers in Slovakia

Bratislava, SlovakiaFounded 2022sinwatt.eu

Highlights

  • Young companyFounded 2022
  • ProfitableFY2025 net profit €7k · RÚZ
  • GrowingRevenue +28% YoY (FY2025) · RÚZ
  • New on EvolcAdded 2026-10-17

About sinWatt

sinWatt s.r.o. is a Bratislava-based energy company that helps customers reduce electricity costs through active management of generation sources and large battery storage. It holds a flexibility aggregation license from 2023 and operates an aggregation block for SEPS, the Slovak transmission system operator. The company offers its own ASDR terminal, an EMS system, and a machine-learning algorithm that predicts system imbalance of the transmission grid with a stated success rate above 90%.

The company provides ancillary services (including FCR on its own battery storage), balancing group management, energy trading, certification support, 24/7 dispatching and legislative reporting for electricity and heat producers, including biogas and photovoltaic plants. The website describes services for customers in energy generation and consumption but does not specify its pricing or revenue model. The site is published in Slovak only.

Registry data gives a founding date of 6 December 2022 and a registered seat in Bratislava (Mlynské nivy 5). The website presents sinWatt jointly with its sister company eLogica s.r.o., which is based in Žilina and provides support-services management, energy consulting and 24/7 dispatching. The website does not list open positions.

Product: Flexibility aggregation, ancillary services (FCR), balancing group management, energy trading and dispatching services, with proprietary ASDR terminal, EMS and imbalance-prediction software.

Financials

FY2025FY2024FY2023FY20221 months
Revenue€580k€454k€215k€0
Growth+28%+112%——
EBITDA€8k€167k€97k−€7k
Operating profit€7k€166k€97k−€7k
Net profit€7k€138k€78k−€7k
Net margin1.3%30.5%36.4%—
Personnel costs€69k€50k€27k€0
Total assets€1.1M€1.1M€904k€20k
Cash€277k€375k€237k€20k
Liabilities€182k€77k€35k€7k
Equity€915k€1.0M€869k€14k

As filed with RÚZ (Slovak register of financial statements). Each year links to its statement.

Open jobs

No open positions listed right now.

Leadership

Tech stack

  • Bootstrap