The company specialises in the development of digital products for the Shopify platform, focusing on the sale of themes and apps that are designed to enhance user experiences and increase average order values.
As a long-standing partner of Shopify, the company is established as a trusted provider of high-quality products. To date, over 43,000 of its themes have been sold, with circa 5,500 clients actively using its app, which continues to provide a dependable stream of monthly revenue.
The company has experienced largely consistent growth since its foundation, with the IP in place to support further expansion over the coming years. As such, the owner is offering the business for sale to accelerate its growth, presenting an exciting opportunity for a buyer with experience within the enterprise market who can ensure that the business achieves its full potential.
| Turnover (£'000) | Adjusted EBITDA (£'000) | |
|---|---|---|
| 2020 (Actual) | 1,225 | 534 |
| 2021 (Actual) | 1,809 | 683 |
| 2022 (Actual) | 2,508 | 1,007 |
| 2023 (Actual) | 1,917 | 383 |
| 2024 (Forecast) | 2,180 | 1,299 |
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