6.8 / 10
 Malé

Software company with 3 projects in hand seeks investment.

Key Business Facts
Yearly Sales USD 1.7 million
EBIDTA Margin 10 %
Industries Custom Application Development
Locations  Malé
Business Overview
- Our team of experienced developers specializing in creating custom software that streamlines business processes, improves efficiency, and enhances user experience.
- We work closely with our clients to understand their unique needs and goals and develop solutions that are tailored to their specific requirements.
- Currently have 3 projects in hand. Have completed over 40 projects to date. Our clients are usually from the gaming, hospital, and school industries.
- One project usually takes 3 months to complete.
- We have 8 permanent employees who are self-sufficient. Also, outsource a few services.
- The business is HQ in Male but the promoter is working in the Colombo branch office.
- Gaming license, trade license, import/export license and COI certificate.
Products & Services Overview
Custom application and mobile app developments for clients.
Capitalization Overview
- Company has 3 shareholders with 40:40:20 shareholding. - No loan.
Assets Overview
Tangible- 7 latest Mac books, and other office equipment.
Partial Stake Sale
USD 250 thousand for 30.0% stake (Native Currency: USD 250,000)
Reason: Need funds for marketing.
Includes physical assets worth USD 250 thousand
In talks with 1 Investor
Contact Business