B2B Multiplayer Casino Gaming Innovator

#CE0051
B2B Multiplayer Casino Gaming Innovator

๐Ÿ“… Main information:
Established: 2013
Products: Unique "Multiplayer" Slot Games
Platform: Own Multiplayer Remote Gaming Server
Customers: single-player - DraftKings, L&W, Interblock.
multi-player - L&W, Loto Quebec, Pixiu Gaming
Target markets: Global
Number of FTE: 5FTE Core Team.

๐Ÿ”‘Key features:
๐Ÿ”ธ Only transactional Multiplayer RGS
๐Ÿ”ธ Proven and very experienced team
๐Ÿ”ธ Extensive operator buy-in
๐Ÿ”ธ Strong track record in GLI certification
๐Ÿ”ธ Robust route to market via Light & Wonder RGS

๐Ÿ’ฐFinancials:
Roadmap targets break-even in Y27โ€“Y28
Y25/26: Rev USD 1.52M, Net Loss USD 3.69M
Y26/27: Rev USD 4.06M, Net Loss USD 2.09M
Y27/28: Rev USD 10.62M, Net Profit USD 2.42M

๐Ÿฆ Acquisition:
Investor Profile: Individual & corporate investors
The "Ask": Seeking USD 6.4M at USD 25.5M pre-money valuation. USD 950k
already committed
Use of Funds: 45% Dev, 30% Ops, 20% Legal, 5% sales
Prevous Round: USD 2.9M at USD 17.5M valuation in Q4 โ€˜24
TAG