Mobile

listed by broker
Gaming and Esports
Founded in
2019
Desired valuation:
Open to offers
Description
Bountie is an esports and entertainment platform for casual gamers to earn a living from gaming. They purchase in-app tokens to participate in esports or casual game tournaments in order to win attractive prizes. MAU: 20,000 Last 3 month's Tournament Registrants: Jan 2023 - 1,762 Feb 2023 -1,885 March 2023 -15,839 Last 3 month's revenue from in App Purchase: Jan 2023 - USD420 Feb 2023 - USD280 March 2023 - USD2611
Featured metrics
MAU: 20,000 Last 3 month's Tournament Registrants: Jan 2023 - 1,762 Feb 2023 -1,885 March 2023 -15,839 Last 3 month's revenue from in App Purchase: Jan 2023 - USD420 Feb 2023 - USD280 March 2023 - USD2611
Selling details
Type of shares
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Reason for selling
We are running out of cash, and we need an acquisition to be part of a larger organisation.
Preferred acquirer
A larger organisation with more funds and network.
Aspirations & growth opportunities
Bountie is currently focused in Indonesia. There is potential to expand into other SEA regions such as Vietnam, Thailand, Philippines, etc. This would allow the platform to reach a wider audience and tap into new markets.
Business details
Business model
In-App Purchase and Services
Customers
2208 (Casual Gamers between the ages of 16 to 34 years old)
Competition
Mobile Premier League, Skillz, Battlefy
Operational details
Technology stack
Flutter & Python
Marketing spend
USD90,000 on paid advertising and USD100,000 on Chief BD officer (Digital ads (Google Ads, Programmatic Ads, Facebook & Instagram Ads) for players. Social media (directly approaching organizers, targeted promotion with related media on Instagram) for tournament organizers)
Performance tracking tools
Google Analytics
Financial details
Ownership structure
58% common shares and 32% preferential shares
Last month's revenue
USD5597
Last month's profit
0
Financial records
Annual P&L summary reports, Online reporting software/tools
Metrics
TTM revenue
$366391.71
TTM net profit
0
Based in
APAC
Team members
16-25
Acquisition type
Full
Desired valuation
Open to offers
Message Owner
642a8cc516e0580002968c38
Message Broker
642a8cc516e0580002968c38