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Application Software Company Seeking Loan in Petaling Jaya, Malaysia

Web and mobile development company with a track record of 800+ successful projects.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 290 thousand
Run Rate Sales USD 380 thousand
EBITDA Margin 25 %
Industries Application Software
Locations  Petaling Jaya
Local Time 2:33 PM Asia / Singapore
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 120 thousand for 8.0% annual interest, 3 years (Native Currency: MYR 500,000)
Reason: To scale up my business by introducing full game development into the Malaysian market. Currently, t... View More
Collateral Available: USD 24 thousand
Includes physical assets worth USD 97 thousand
Interested to connect with advisors
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Business Overview
- We started in 2014 as an enterprise and things started becoming serious in 2020.
- Situations changed when expanded our operations to Kuala Lumpur, connecting us with people that require more complex solutions.
- We made our way to connect with education companies and end up becoming a long-lasting retainer.
- The founder is an ex-CTO at Malaysia’s number 1 kindergarten with technological education materials.
- For now, we have hundreds of active clients and most of them are still retaining.
- Proven track record of 800+ successful projects since inception.
- Currently working on 12 projects.
- We charge a fixed service fee and monthly subscription fee for renewing our services.
- The software are developed based on our client's requirements but using our framework. The framework is built for e-learning and we just customize the features according to the client's needs.
Products & Services Overview
Our services include-
- Mobile app development.
- IoT automation.
- Mobile games development.
- Website design.
- Cybersecurity.
Assets Overview
Physical assets include computer hardware worth MYR 200k & servers/racks worth MYR 200k.
Intangible assets include database assets & virtual data assets.
Facilities Overview
The current office is located in Sunway Mentari on a rental basis. It is 2,200 sqft big and currently can cater to around 20 staff.
Capitalization Overview
The company is fully started with the founder's capital. There are 2 shareholders who are siblings. One of them holds 60% and the other owns 40%. The company has no outstanding liabilities.
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1 Investor contacted this Business this month. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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