Mobile Apps Company Investment Opportunity in Riga, Latvia

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

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 200 thousand
EBITDA Margin
20 %
Industries
Locations
Local Time
12:36 AM Riga
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Investment
USD 1.7 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
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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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