Profitable Custom Application Development Company Investment Opportunity in Singapore

• We are a custom boutique software development company based in Singapore with an estimated revenue of SDG 1.2 million in 2023.

• We specialize in enterprise software development and mobile app development, with expert consulting for SMEs in obtaining EDG grants for building software.

• Our business offers multiple in-house ready-to-launch products such as HRMS, LMS, FNB reservation system, and facility management system, with over 1,000+ users.

• We currently have 10+ active customers with recurring revenue from software maintenance and upgrades, with ongoing projects of up to 600k and projected sales of 2Mn in 2024. The average selling price of our tickets is 70k SGD.

• We also offer digital transformation and enterprise mobility services, to move the workforce into mobile apps.

• Our business has successfully helped the biggest music institute in Singapore to turn digital with all the teachers and students using the app we developed.

• We successfully maintain a high EBITDA margin as our client base and transactions happen in Singapore, while the costs are taken care of in India, with a team of 30 people.

We are experts in enterprise software development, and our top-selling products are mobile app development. We help SMEs with EDG grant consulting to build software.

Assets include:

- 5 market-ready saas products.

- Ongoing contracts up to 600k SGD.

One physical office located in the central area of Singapore with a monthly rent of 4k SGD and 300 sqft big.

The business is completely bootstrapped. No outstanding loans or debts are attached to the business. There are 2 shareholders in the business.