TECH-4067
Fast-Growing, Profitable, Simulated Training - eLearning Software Service Company

Looking for Strategic Partners to Fuel its Rapid Growth

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EXECUTIVE SUMMARY

This 10-year old high growth company has seen year to year growth of 34% over past several years, but is now entering into much more intensive (hockey stick growth) over the next few years. In fact, the revenues in 2019 are projected to be about $18 million and in 2020, they are expected to be about 35 million.

Currently, it is a profitable company with 2016 revenues of about $900K and projecting current year revenues of over $2 million (growth of over 2-3 times over 2016) thanks in part due to partnerships with channel distributors. It has developed and perfected proprietary set of authoring tools that can be used to quickly and inexpensively develop simulation training programs which can pay for themselves - often in under 6 months for the customers. It has proven this technology in healthcare field by developing training modules for hospitals, schools and medical device companies. It has also done some work for law enforcement agencies. In 2016, it has forged strategic partnership with two channel partners to develop a library of simulation products and also for custom solutions. In the current year, it is also entering international markets.

The technology is industry-agnostic and every industry needs training, often certification. This training can be customized and delivered in a very cost-effective manner using this Company's authoring tools and expertise. The Company is looking for additional strategic partners to make inroads into other industries as well to fuel its growth.

PRODUCTS

Company's products are largely on subscription model, thereby generating recurring revenues and are delivered on any platform that the user desires - on PC and laptops, tablets, smart phones, or could be on dedicated consoles. Some of the modules use haptic devices for tactile simulation training, in a virtual-reality type of experience.

Although there are many companies that provide e-Learning and simulation products, the process for its competitors is much more expensive and time-consuming. The key strength of this company is its IP built around authoring tools, which can churn out learning modules and simulation products very quickly and inexpensively.

KEY FEATURES

FINANCIALS

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