Mobile
listed by broker
Public Transport
Majority
Desired valuation:
Open to offers
Description
A free app which provides users with real time public transport information for bus stops throughout the UK, USA and Canada.
The app is distributed via the App Store, Google Play and Huawei AppGallery, and to date, it has been downloaded six million times.
In addition to serving real time bus journey information, the app displays live metro, train and tram arrival and status information.
Featured metrics
6M+ organic downloads, 1.7M MAU's, engagement 21 mins per user per month.
Selling details
Type of shares
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Reason for selling
We have received an offer to buy our company, we would like to explore other offers of potentially a majority sale.
Preferred acquirer
A buyer who can leverage the large amount of location data our app generates, or can leverage knowledge to increase the ROI on the 100M ad impressions the app displays.
Aspirations & growth opportunities
There is a huge growth opportunity to grow by expanding to other countries and regions.
Business details
Business model
Customers
1,700,000 (Public transport users)
Competition
Operational details
Technology stack
iOS Obj-C, Android Java, AWS, GCP, Microservices
Marketing spend
$0 (App Store & Google Play since all users have been acquired organically)
Performance tracking tools
Google Analytics, AdSense / AdMob
Financial details
Ownership structure
Last month's revenue
Last month's profit
Financial records
Annual P&L summary reports, Online reporting software/tools
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