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Mobile App Investment Opportunity in Riga, Latvia

Riga based mobile app for making free calls to Indian phone numbers.

Established 10-20 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 188 thousand
Run Rate Sales USD 210 thousand
EBITDA Margin 20 %
Industries Mobile Apps
Locations  Riga
Local Time 3:45 AM Europe / Riga
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 1.76 million for 50.0% stake (Native Currency: EUR 1,500,000)
Reason: Market-proof product and business model. It is the right time to scale up.
Name, Phone, Email
Not disclosed
Business Name
Available after connect
User Verification
Documents
Business Overview
- A mobile application which helps in calling phones in India.
- It works without bills, balance, credit cards or recharge.
- As of September 2018, we have 500K active users.
- Zero spent on advertisement, only organic growth, keeps growing.
- Revenue is generated by selling advertisement placements on the app to the ads networks like AdMob, Facebook, Inmoby, Appodeal and others.
Products & Services Overview
Free calls to a regular or mobile phone numbers.
Facilities Overview
Registered office is located in Riga, Latvia. The office is owned by the company's founder.
Capitalization Overview
Not Disclosed
Recent Activity
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4 Investors already contacted this Business. 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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