About Navionics
Navionics is a Transportation, Automotive & Logistics company based in Massarosa (Italy) founded in 1984 by Giuseppe Carnevali, and was acquired by Garmin International in October 2017. Maps and marine charts. The company has 266 employees. Navionics has completed 1 acquisition, including Wavey Line Publishing. Its chief executive, as recorded, is Giuseppe Carnevali. Its website navionics.com draws about 41 thousand monthly visits. Its Indian entity Garmin Technologies Private Limited reported revenue of ₹54.98 Cr. Its focus areas include Aerospace, Maritime and Defense Tech, Maritime Tech, Marine Electronics and Navigation.
Company details
Navionics provides boat owners and marine vessel owners with maps and app to assist in navigation and marine vessel operations. The company provides sensors and products for GPS plotter charts and mobile apps to assist in outdoor activities like boating, hiking and skiing. The companys charting products help users plot and update their GPS locations, navigate and define routes.
- Headquarters Massarosa, Italy
- Employees 266
- Founders Giuseppe Carnevali
- Stage Acquired
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Website navionics.com
- Social LinkedIn X Facebook
- Acquired by Garmin International (Oct 2017)
- Legal Name Garmin Technologies Private Limited
- Date of Incorporation 05 Jan, 2001
- Jurisdiction Hyderabad, Telangana, India
- Indian entity revenue₹54.98 Cr
FY 2023 · +44% YoY
- Indian entity net profit₹3.92 Cr
FY 2023 · 7% margin
- Indian entity EBITDA₹13.53 Cr
FY 2023 · 25% margin
- Investors
- Employee Count266
- Investments & Acquisitions
- Acquired byGarmin International
(Oct 2017)
Associated legal entities of Navionics
Navionics is associated with 2 registered companies on The Company Check; the primary company is Garmin Technologies Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Garmin Technologies Private Limited CIN U29304TG2001PTC035995 | Active | 05 Jan 2001 | Hyderabad, Telangana | ₹55.0 Cr | 266 | 3 | View details |
| Garmin Technologies Private Limited CIN U72200TG2001PTC035995 | 05 Jan 2001 | Hyderabad, Telangana, India | View details |
Apps and channels of Navionics
Navionics publishes 2 mobile apps with over 5M+ downloads.
Investors in Navionics
Navionics has secured backing from 1 investor. Prominent investors backing the company include Garmin International.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Smart fitness trackers and watches are developed for performance monitoring. | 1989 | garmin.com | Olathe, United States |
Investor details for Navionics
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Board of directors of Garmin Technologies Private Limited (Navionics)
Garmin Technologies Private Limited is the primary company behind Navionics. The board of Garmin Technologies Private Limited currently have 3 directors; the longest-serving is Daniele Palma, appointed in 2001. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Daniele Palma DIN 02807373 | Director | 05 Jan 2001 | 25 yrs 10 mo | Garmin Technologies Private Limited |
| Michele Graziani DIN 08586055 | Director | 18 Oct 2019 | 7 yrs | Garmin Technologies Private Limited |
| Nissankararao Raveendranadh DIN 07672044 | Director | 27 Apr 2023 | 3 yrs 6 mo | Garmin Technologies Private Limited |
People of Navionics
260 people are tracked at Navionics (56 in leadership, 5 in board & advisors, 199 in team); the tracked headcount is 266.
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership | |
Clifton A. Pemble | President & CEO | Leadership |
Eugene Kheyfets | Director Of Engineering | Leadership |
Jeremy Vallad | Associate Director - Global Sales And Operations Planning | Leadership |
Renae McDonald | Director Human Resources - Total Rewards | Leadership |
Debbie Jasiczek | Director Engineering | Leadership |
John Mudd | Director, Product Design And Engineering | Leadership |
Audra Ratliff | Director, Outdoor And Marine Marketing | Leadership |
Doug Boessen | CFO & Treasurer | Leadership |
Patrick Desbois | co-COO | Leadership |
Bradley Trenkle | co-COO | Leadership |
Joshua Maxfield | VP, General Counsel & Assistant Secretary | Leadership |
Susan Lyman | Vice President Of Sales And Marketing | Leadership |
Jennifer S. | Director Of Global Retail And Tradeshow Marketing | Leadership |
Chris Neuman | Chief Inspector | Leadership |
Kelly H. | Sr. Director Of Global Partnerships & Engineering Business Development | Leadership |
Dan Bartel | VP Global Consumer Sales | Leadership |
Charles Gooch | Director Of Global Social Media | Leadership |
Wai Lee | Vice President, Garmin Labs | Leadership |
Caleb Herbst | Vice President, Software & Services | Leadership |
240 more people are available in the full profile.
Complete people profiles for Navionics
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Financials of Navionics
Figures of Garmin Technologies Private Limited, the primary company behind Navionics, for FY 2023. Revenue was ₹54.98 Cr (+44% year on year). Net profit was ₹3.92 Cr (7% margin). EBITDA was ₹13.53 Cr (25% margin). Revenue has grown at a compounded annual rate of +25% over three years and +14% over five years.
- ₹54.98 CrRevenue · FY 2023 · +44% YoY
- ₹3.92 CrNet profit · 7% margin
- ₹13.53 CrEBITDA · 25% margin
- ₹9.7 LakhPaid-up capital
- 266Employees (provident fund records)
- +25%Revenue CAGR, 3 years
- +14%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Garmin Technologies Private Limited are on its company page.
Detailed financial statements for Navionics
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Investments & Acquisitions by Navionics
Navionics has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Wavey Line Publishing.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Marine operations are managed in the Bahamas location. | waveylinepublishing.com | Bahamas | 0 | Mar 2017 | •••• |
Complete acquisition details for Navionics
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Timeline of Navionics
3 dated milestones of Navionics across 33 years, from founding to its latest funding, stage changes and deals.
- Founded Navionics is founded.
- Acquisition Acquires Wavey Line Publishing.
- Exit Acquired by Garmin International.
Web traffic of Navionics
The website of Navionics (navionics.com) receives about 41K visits a month.
- Monthly visits41K
▲ 4.2% vs previous month
Websites whose visitors overlap most with Navionics. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| magellangps.com | 100% | 14.5K | #1,589,126 | View details | |
| fugawi.com | 53% | View details | |||
digitalantenna.com | digitalantenna.com | 36% | #5,909,544 | – | |
navionics-tools.atlassian.net | navionics-tools.atlassian.net | 34% | – | ||
sw-n.com | sw-n.com | 34% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 10 similar websites and full traffic analytics for Navionics
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Related news about Navionics
Complete news archive for Navionics
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Frequently Asked Questions about Navionics
Navionics was founded in 1984.
Navionics is headquartered in Massarosa, Italy. It is registered at Massarosa, Tuscany, Italy.
Giuseppe Carnevali is the CEO of Navionics, as recorded in our data. They have also founded this company.
Navionics has 266 employees.
The primary company behind Navionics, Garmin Technologies Private Limited, reported revenue of ₹54.98 Cr for FY 2023, up 44% year on year.
Navionics provides boat owners and marine vessel owners with maps and app to assist in navigation and marine vessel operations. The company provides sensors and products for GPS plotter charts and mobile apps to assist in outdoor activities like boating, hiking and skiing. The companys charting products help users plot and update their GPS locations, navigate and define routes.
Navionics has made 1 acquisition, including Wavey Line Publishing.
Navionics has 1 investor. Key investors include Garmin International.
Navionics operates through Garmin Technologies Private Limited.
Yes. Navionics was acquired by Garmin International in October 2017.
The legal entities of Navionics currently have 3 directors, including Michele Graziani, Daniele Palma, Nissankararao Raveendranadh.
Yes. Navionics publishes Navionics® Boating and 1 more app, with over 5 million downloads.