Issue link: http://deals.uberflip.com/i/1489093
SOFTWARE DEVELOPMENT - Design, Engineering, Consulting, & Strategy w/ International Presence #66237 Sign NDA ► 2022 Revenue Est. $2,100,000 (19.0% growth) 2022 EBITDA Est. $563,000 (26.8% of revenue) DISCLAIMER: All information contained in this document has been provided by the subject company to Generational Equity and while believed to be correct has not been verified. Accordingly, Generational Equity makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that Generational Equity shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by Generational Equity of this document. At all times Generational Equity and its affiliate network members is an agent for the seller and not for the buyer. Generational Equity's fees are paid by the seller. Joe Hige Senior M&A Advisor Email: jhige@generational.com Mobile: 248-982-6400 Generational Equity 3400 N. Central Expressway, Suite 100, Richardson, TX Fax: 972-392-1124 BUSINESS HIGHLIGHTS The Company is a highly "sticky" custom software product development and consulting firm focused on strategy, design, and engineering, developing custom mobile, web, wearable, automotive, and Internet of Things (IoT) software based solutions for clients ranging from locally owned businesses to Fortune 500 companies. Recognized as a leader in UX/UI design and engineering, the Company has won various awards including being on the Inc. 5000 list. Since 2012, the Company has developed a broad market presence across the United States and also serves clients headquartered in Europe and Asia. The Company could be a natural fit with a variety of firms, including product firms with digital platforms or services that are looking for an internal innovation team to expand their offerings, or software development firms looking to expand their capabilities by attracting more complex projects with higher margins. INVESTMENT BANK OF THE YEAR 2016 - 2017 - 2018 COMPANY STATS > Over 10 yrs of operations > International Clientele > 11 FT & 1 PT employees > Blue-Chip Client List > 15+ Active Accounts > B2B & B2C Customer Markets > LLC Corporate Structure > Low CapEx Requirements >MRR & ARR engagements INVESTMENT APPEAL • Scalable Operation — The Company has built an effective organization capable of sustaining projected growth. The Company maintains fixed operating expenditures, and future revenue growth will greatly improve profitability. Any increase in revenue will not result in meaningful changes to projected operating expenses. • Innovative Technology — The Company is a recognized innovator and leader in developing and applying cutting edge technology and design advancements. • Diversified Markets — The Company offers diversified custom product offerings across multiple customer markets in transportation (57% in 2021), finance (20%), healthcare (11%), and legal (1%) among other markets, and is international in scope. • Strong Earnings — The Company's EBITDA, a key indicator of financial performance, is projected to reach $563,000 in 2022 (26.8% of sales). This profit margin is considerably higher than the IT Consulting industry average of 7.2%. • Strong Growth with Virtually No Debt — The Company has historically grown the business with virtually no interest-bearing third-party debt. Unadjusted current assets were approximately $1,028,000 and current liabilities were $240,000, resulting in a Net Working Capital (NWC) of $788,000 - a strong net working capital position allowing for continued growth and mitigation of risk. GROWTH OPPORTUNITY > Scale SaaS Product Platforms > Strategic Partnerships > Scale Current Offerings Historical Revenue Mix Customer Markets