Industry: IT - Software

Sector: Integrated Financial Forecasting Software

SIC Code: 73729900 PREPACKAGED SOFTWARE, NEC

Country of Origin: New Zealand | New Zealand

Target Countries: Afghanistan, Anguilla, Zimbabwe

Target Areas: Worldwide

BUSINESS REVIEW
20% equity shareholding in software business. Revenue growth focus. Business currently at break even profit, with market share demonstrating clear market acceptance. Equity stake funding will be used for marketing and further development. Owner would consider greater % equity investment.

PRODUCTS
Integrated Financial Forecasting Software
FINANCIAL INFORMATION
Revenue 2016: EUR 1,400,000

EBITDA 2016: EUR 540,000

Capital required: EUR $US 280,000

Revenue Multiple 2016: 0.00

EBITDA Multiple 2016: 0.00

HIGHLIGHTS
Owner and current CEO has 33 years IT and software experience.
This integrated financial forecasting software was launched in July 2014, and has achieved a significant market presence.
This Software is used by the Big 4 Accounting firms (EY, PWC, EY and Deloitte), many mid sized accounting firms, and a range of commercial CFO's, Financial Controllers and Business Advisers.
This software was developed to replace Sage Winforecast, which was removed from sale and support in 2015.