Asking Price

5000000

Description

Enterprise B2B SaaS with $400,000 CAD in 2020 and commitments worth $4.5m CAD for 2021. ICAB is the most effective platform for assessing competency and real-world outcomes on a worker-by-worker and company-by-company basis. Using a proprietary method based on psychological profiling techniques, we help companies fill in competency gaps, mitigate risk and reduce liability in some of the world's most dangerous work environments. We are a required pre-qualifier for Suncor Energy and quickly becoming an industry standard.

✅ $509,000 in TTM revenue

✅ $450,000 in TTM profit

✅ $17,000 in revenue last month

✅ $10,800 in profit last month

What is annual recurring revenue? $400,000 in 2020 / Commitments worth $3.5m CAD for 2021.

Who are your top 3 competitors? This is a proprietary technology. There Is one competition, and the moat is also deep.

What is your business model and pricing? Subscription. $80CAD/seat/quarter

What was your last 12-month's revenue? (Trailing 12 Months) $509,391 CAD

What was your last 12-month's profit? (Trailing 12 Months) $450,718 CAD

What was total revenue for 2020? $397,524.44 CAD

What was total profit for 2020? $64,991.73 CAD

How many customers do you have? 147 Companies w/ multiple seats each.

What technology stack is this product built on? Windows, IIS, asp.net MVC, sql server

Do you have a financial summary or P&L? Yes

Who is your target customer? Heavy industry contractors and contractees, consultants.

Tech Stack

Windows
IIS
asp.net MVC
SQL server

Competitors

None

Growth Opportunity

Enterprise B2B SaaS with $315,000 in 2020 and commitments worth $3.5m for 2021. ICAB is the most effective platform for assessing competency and real-world outcomes on a worker-by-worker and company-by-company basis. Using a proprietary method based on psychological profiling techniques, we help companies fill in competency gaps, mitigate risk and reduce liability in some of the world's most dangerous work environments. Required pre-qualifier for Suncor Energy and quickly becoming an industry standard.
$314,000 in TTM revenue
$450,000 in TTM profit
Commitments worth $3.5m for 2021
147 customers
Tech: Windows, IIS, asp.net MVC, sql server

Key Assets

Web application
All proprietary technology
Customers

# of Customers

100-1,000

Team Size

2

Trailing Twelve Months Revenue (TTMR)

509000

Trailing Twelve Months Profit (TTMP)

450000

Last Month's Revenue

17000

Last Month's Profit

10800

Categories

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