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Web Hosting Company Investment Opportunity in Kiribathgoda, Sri Lanka

A tech firm that provides blockchain-based decentralized domains and top-level domains (TLDs) for web hosting.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Public Limited Company
Reported Sales USD 400 - 500 thousand
Run Rate Sales USD 714 thousand
EBITDA Margin 30 - 40 %
Industries Web Hosting + 1 more
Locations  Kiribathgoda
Local Time 7:22 PM Asia / Colombo
Listed By Advisor / Business Broker
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 2.5 million for 18.0% stake (Native Currency: USD 2,500,000)
Reason: Product finalization, worldwide marketing campaign and exchange listing fees. This is listed by an a... View More
Includes physical assets worth USD 350
Interested to connect with advisors
Documents
Business Overview

- Company has developed the first ever decentralized domain name system (DNS) in the world, which offers the option to create customized top level domains (TLDs).

- Has sold more than 3,500 TLDs even before executing the planned marketing campaign.

- The business has also released a utility token (EXIP Token) to the crypto market and have raised USD 412,000 from its Initial DEX offering.

- The token is listed on crypto currency exchanges such as Pancake Swap and MEXC.

- The crypto tokens the business offers can be used to buy, sell and auction domains.

- The company has opened a US branch in Delaware last year and are planning to open another branch in UAE soon.

- The promoter has more than 7 years of experience in blockchain and crypto field.

- Business has a high growth rate and a high valuation since the remaining EXIP tokens are supposed to generate a substantial cash flow to the company in a short time period from the investment.

Products & Services Overview

Offer domain names & top level domains, browser & browser extension, decentralized hosting services and crypto tokens.

Assets Overview

Physical assets include the IT equipment. Intangible assets include the developed product and liquidity pool in the form of crypto currencies.

Facilities Overview

The company's head office is currently located in Kiribathgoda, Sri Lanka. This is a leasehold property of around 2,000 square feet. The head office will be shifted to Dubai soon.

Capitalization Overview

This is a public limited company with 100 shareholders. The company does not have any outstanding bank loans/debt.

Recent Activity
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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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